Chinese Central Bank Pledges Expansion of Digital Yuan
China’s central bank chief Pan Gongsheng has pledged to expand the footprint of the digital yuan, reaffirming the country’s vision...
Asian Currency
China allocates 60 mln yuan to aid flood relief efforts in Guangdong
BEIJING, June 18 (Xinhua) -- The National Development and Reform Commission on Wednesday said that it has allocated 60 million...
la Chine pousse ses pions face au dollar
Pékin accélère, Washington s'érode Depuis l’invasion de l’Ukraine par la Russie et la réponse occidentale fondée sur des sanctions financières,...
CIPS signs direct participant agreements with six foreign institutions, facilitating use of yuan in cross-border transactions
Chinese yuan Photo:VCG China's Cross-Border Interbank Payment System (CIPS) signed direct participant agreements with six foreign institutions in Shanghai on Wednesday,...
La Banque centrale de Chine lance un centre international de promotion du yuan numérique
La Chine confirme sa stratégie économique : sa Banque centrale va mettre en place un centre international de promotion du yuan...
China to establish global operations center for digital yuan
BEIJING China will establish an international operations center for the digital yuan, the central bank announced this week, in a move...
China will boost the yuan’s global reach with new operations centre, PBOC says
China will set up an “international operations centre” for the digital yuan to boost the global influence of the renminbi,...
Rupee falls as corporate dollar bids, elevated oil prices weigh
The Indian rupee declined on Wednesday on the back of persistent corporate hedging activity and elevated oil prices as market...
Asian LCY bond market resilient despite macro headwinds
Asia’s local currency ( LCY ) fixed income market has shown resilience despite the headwinds created by US “reciprocal tariffs”...
US dollar may stay strong vs EM currencies, but rupee’s worst could be over
As of end-November 2024, the 40-currency trade-weighted Real Effective Exchange Rate (REER) stood at 108.13—the highest on record—indicating that the...
