The local currency transactions made between Indonesia and Japan also reached $5 billion, Bank Indonesia says.

China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...

The Chinese economy has shown resilience despite external headwinds as the Trump administration ramps up its trade war, but ...

The US is considering promoting global dollar adoption to counter China’s growing influence in the currency market.

China’s central bank appears to be taking a more assertive stance in its push to expand the yuan’s role in the global ...

BEIJING -- The People's Bank of China, the country's central bank, has renewed a bilateral currency swap agreement with the ...

In Kenya and Ethiopia, China is using debt distress as a strategic opening to expand the RMB’s international use.

BHP Billiton’s agreement to settle 30% of its iron ore spot trades in Chinese Yuan marks a major shift away from dollar ...

The Taiwanese dollar’s rally is boxing in the island’s central bank, leaving it with limited room to intervene in order to ...

SHANGHAI, Jan. 16 -- China's state media on Monday reported that the country's foreign currency reserves swelled by more than one-third last year to a record $819 billion as its factories churned out ...

May 17, 2005 — -- The Treasury Department's semi-annual report to Congress on foreign exchange released today called for change in China's policy of linking its currency (the yuan or renminbi) to ...