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Experts sure RMB won't have meltdown
Trade surplus, opening-up, fiscal and monetary measures seen as supportsWhile the renminbi exchange rate against the U.S. dollar touched a 2

0评论2022-08-24724

RMB retains 5th spot as currency for global payments
The Chinese currency renminbi, or the yuan, has retained its position as the fifth most active currency for global payments by value in June

0评论2022-07-22692

Digital RMB application continues to expend in China
China has expanded its pilot areas for digital RMB or e-CNY from 10 1 to 23 in 15 provinces so far this year, the People's Daily reported on

0评论2022-07-20600

RMB liquidity plan boosts stability of monetary system
The Bank for International Settlements announced on Saturday that it and the People's Bank of China have jointly established a Renminbi Liqu

0评论2022-06-28321

RMB gains larger share in global payments: SWIFT
The Chinese currency renminbi (RMB), or the yuan, has retained its position as the fifth most active currency for global payments by value i

0评论2022-06-24443

RMB assets show growing appeal for global investors
Renminbi-denominated assets remained a strong magnet for international investors amid sound long-term prospects and China's continuous effor

0评论2022-06-08976

IMF lifts weighting of RMB, dollar in SDR currency basket
The International Monetary Fund announced Saturday an increase in the weighting of the Chinese renminbi and U.S. dollar in the Special Drawi

0评论2022-05-15839

China's RMB cross-border payments soar in 2021: report
The business volume of cross-border payments of the Chinese currency renminbi (RMB) grew rapidly in 2021, a report from the People's Bank of

0评论2022-04-04569

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