Authors, including the PBOC’s former statistics head, call for ‘a new vision where multiple currencies jointly support global financial stability’.

Chinese businesses and investors are primed for the yuan to stay steady for now and eventually depreciate as U.S. trade ...

Despite China’s ambition to challenge the dominance of U.S.-backed stablecoins, catching up will be no easy feat though.

Traders are betting that the yuan, the Australian dollar and the South Korean won will strengthen versus the US dollar.

After having achieved retracement targets of the slide since the June 23 tirade against Fed Chair Powell, the dollar has softer against most currencies today. Click to read.

They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency's global ...

Economists told Newsweek that the decline is due to a confluence of factors, and a broad downgrade in America's economic ...

China's central bank has asked some financial institutions about their views on recent U.S. dollar weakness, people with ...

China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...

The People’s Bank of China (PBOC) has reportedly reached out to financial institutions in recent days to assess market ...

The dollar has just posted its worst first-half of a year since 1973. And now investors wonder — is it a sign that America is ...