By Duncan Miriri NAIROBI, April 21 (Reuters) - Pan-African lender Ecobank is in talks with Bank of China to launch a direct ...

Iran has reportedly set up an IRGC-controlled toll system in the Strait of Hormuz. Ships are said to pay in Chinese yuan or stablecoins to ...

The proposed platform would allow businesses to settle transactions directly in Chinese yuan, bypassing the US dollar and ...

SHANGHAI: China’s yuan eased slightly against the dollar on Thursday, tracking broader greenback strength as simmering Middle ...

Banks, governments, and multilateral lenders are shifting to yuan debt as panda bond issuance hits record highs and dollar dominance erodes.

The pitch is global scale for the yuan, but capital controls, offshore limits and convertibility gaps still stand in the way ...

The yuan rallied after the People’s Bank of China signaled its comfort with the currency’s appreciation via its daily reference rate, ahead of the National People’s Congress. The onshore unit advanced ...

Talk has re-emerged that China’s yuan will soon challenge the dollar as the world’s reserve currency. This time, the spark for such talk came from a visit by Chinese President Xi Jinping to the Middle ...

Cumulative digital yuan transactions have reached 87.57 billion yuan ($13.68 billion), Zou Lan, director of the PBOC financial markets department, told reporters. That means digital yuan transactions ...