Reuters reported on Wednesday that China is considering allowing the yuan to weaken in 2025 to brace for higher trade tariffs ...

The RMB still has a long journey to becoming a global reserve currency. Still, the steady rise of the RMB appears inevitable given China’s growing economic significance. The US$468 billion (and ...

The People’s Bank of China set the so-called fixing at the strongest bias since July versus the average estimate in a ...

SHANGHAI -- China's central bank stepped up support for the yuan on Thursday, signaling it wants to avoid a rapid weakening of its currency, after the U.S. Federal Reserve's 2025 interest rate ...

There is increased pressure from several nations to replace the U.S. dollar as the world’s reserve currency. The U.S. has ...

The dollar was higher on Wednesday after U.S. price data came in line with forecasts, reinforcing expectations the U.S.

China pledged Thursday to increase the budget deficit ... A separate readout from state news agency Xinhua, watched by financial markets for references to the yuan currency, kept a pledge to “maintain ...

The Australian dollar, which sometimes serves as a more actively traded proxy for the yuan, fell as much as 0.6% to a one-year low. Here are comments from market analysts and participants: JANE FOLEY, ...