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Authors, including the PBOC’s former statistics head, call for ‘a new vision where multiple currencies jointly support global financial stability’.
Ant Group plans to tap USDC for cross-border payment and treasury operations since it offers faster and more regulated ...
Chinese businesses and investors are primed for the yuan to stay steady for now and eventually depreciate as U.S. trade ...
China's central bank has asked some financial institutions about their views on recent U.S. dollar weakness, people with ...
Economists told Newsweek that the decline is due to a confluence of factors, and a broad downgrade in America's economic ...
Traders are betting that the yuan, the Australian dollar and the South Korean won will strengthen versus the US dollar.
Despite China’s ambition to challenge the dominance of U.S.-backed stablecoins, catching up will be no easy feat though.
They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency's global ...
Chinese Yuan to United States Dollar conversion - Last updated Jul 09, 2025 23:32 UTC. Result 0.139 271 United States Dollar. 1 CNY = 0.139271 ...
The People’s Bank of China (PBOC) has reportedly reached out to financial institutions in recent days to assess market ...
Traders are seeking alternatives to the euro when shorting the dollar as they look to capitalize on expectations for further ...
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 ...