USD/CNH remains offered after a softer USD/CNY fixing, the lowest since May 2023, reinforcing policymakers’ signal toward a ...

The findings also add a nuance to the global currency war, which in some quarters is seen as a result of the Federal Reserve’s super-easy monetary policy stance and its desire to push the USD lower.

The renminbi remained under pressure last week after the US imposed new tariffs on Chinese goods, risking a prolonged trade ...

China just smashed another milestone in its war on dollar dominance. Official figures show overseas renminbi lending, bond investments, and deposits by Chinese banks have quadrupled in five years, ...

China is devising more ways for foreign institutions to use the yuan, as international confidence in the U.S. dollar falters. The moves aim at challenging the greenback, experts said, even as the U.S.

The ongoing trade tensions between the United States and China are playing out throughout different forex markets as the dollar continues to lose value. But is a strengthened renminbi in China’s ...

MUMBAI, May 20 (Reuters) - The Indian rupee weakened on Tuesday as dollar bids from foreign banks, likely on behalf of custodial clients, and a softer Chinese yuan outweighed positive cues from broad ...