China's renminbi is expected to continue its steady rise in global use and play a bigger part in safeguarding international financial stability, as the country further advances its financial ...

The Chinese currency is on track to become more important globally, but is unlikely to challenge the dollar anytime soon THE Chinese economy is now the world’s second largest and a key driver of ...

While the dollar’s international supremacy is unchallenged for now, the wider landscape is shifting. Companies are raising more funding in renminbi and the currency’s use in international payments and ...

Add Yahoo as a preferred source to see more of our stories on Google. In China, October first is a holiday marking the anniversary of the Communist takeover of the country. But this year the first day ...

The renminbi is still on track for overall stability with two-way fluctuations against the US dollar in the months ahead, and with limited risks of one-sided and substantial appreciation, said a ...

Last October, the International Monetary Fund officially added China’s currency, the renminbi, to the basket that makes up its Special Drawing Rights, the reserve asset in which the IMF denominates ...