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yuan’s

Chinese yuan’s depreciation pressure against dollar is temporary – state media

September 18, 2023
Chinese yuan's depreciation pressure against dollar is temporary - state media - photo licensed by shore news network.

SHANGHAI/SINGAPORE (Reuters) – The depreciation pressure on the Chinese yuan against the U.S. dollar is temporary, state media said on Tuesday, noting that its value …

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The yuan’s the new dollar as Russia rides to the redback

November 28, 2022
The yuan's the new dollar as russia rides to the redback - photo licensed by shore news network.

By Elena Fabrichnaya and Samuel Shen MOSCOW/SHANGHAI (Reuters) – Chinese entrepreneur Wang Min is delighted about Russia’s embrace of the yuan. His LED lights company …

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China yuan’s long-term strengthening trend will not change – state media

November 11, 2022November 11, 2022
China yuan's long-term strengthening trend will not change - state media - photo licensed by shore news network.

SHANGHAI (Reuters) – China’s yuan exchange rate is decided by market supply and demand, while its long-term strengthening trend will not change, a state-run media …

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Taiwan sees Ukraine war helping Chinese yuan’s internationalisation

March 28, 2022
Taiwan sees ukraine war helping chinese yuan's internationalisation - photo licensed by shore news network.

TAIPEI – The war in Ukraine and Russia’s effective exclusion from the global currency system could be an opportunity for China to raise the profile …

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