Offshore yuan is the first emerging market currency to be added to the FX settlement partnership between the two financial institutions. The pair has executed the first US dollar-to-offshore yuan settlement using ...
Widespread capital controls, limited liquidity in government securities, and governance and geopolitical challenges are hurdles to internationalizing the yuan, ratings agency says.
The decision to stay away from offshore debt markets comes even as central banks double down their efforts to support economies by slashing interest rates
A rare week of good news has convinced some FX strategists to revise their forecasts, but it still makes sense to short the yuan while being prepared for moves in sterling and the US dollar
The dollar-yuan exchange rate - now at its lowest in more than a decade - highlights the need for businesses with exposure to the Chinese currency to either fortify their positions ... or just take it on the chin
The concept of central bank digital currencies are gaining ground, with the recent unveiling of plans by a Facebook-backed collective sending regulators scrambling to erect an alternative that has official legitimacy
The past week has been momentous for crypto currency proponents, with social media giant Facebook wading into digital assets, but big corporates are unlikely to use it.