Tag: yuan
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Zambia mulls swapping Chinese debt repayment from U.S. dollar to yuan
The Zambian government said on Wednesday that it will begin engaging the Chinese government on the possibility of swapping the repayment of the southern...
Central Bank acknowledges the steady steps made by the yuan
Chinese currency renminbi (yuan) has maintained a stable position in global system as the use of the yuan became more frequent globally in 2016,...
China makes 20 trillion yuan from trade with countries of belt and Road
China's trade with countries along the Belt and Road totaled at 20 trillion yuan ($2.89 trillion) from 2014 to 2016, said an official from...
Stability in Chinese currency – JP Morgan
Investment bank JPMorgan Chase said the yuan is relatively stable against a basket of currencies despite continued drops against the U.S. dollar.
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Chinese Yuan gets IMF endorsement
Starting from October 1, the Chinese yuan will, as the fifth currency, be included into Special Drawing Rights (SDR) basket of the International Monetary...
