The People's Bank of China is transferring the digital yuan from cash to deposits. ・The PBOC reportedly said interest on verified e-CNY accounts will link the digital yuan to traditional deposits and ...

China's yuan is on track to reach 6.85 against the US dollar by the first three months of 2026, according to investment ...

China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.

Analysts note how Beijing’s policy goals, such as internationalising China’s currency and curbing overcapacity, are aligning ...

Global investment firms from Goldman Sachs Group Inc. to Bernstein Societe Generale Group have lifted their assessment of the ...

Over the past year, the People’s Bank of China, which manages the renminbi’s exchange rate, has allowed a gradual ...

China’s digital currency program has completed its first cross-border consumer payment using the digital yuan in Laos.

The yuan climbed past the psychological milestone of 7 per dollar for the first time since September 2024, on bets China’s central bank will allow gradual currency appreciation to boost market ...

China's central bank, the People's Bank of China (PBOC), has unveiled a comprehensive action plan to elevate its central bank digital currency.

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.