Chinese yuan
Renminbi climbs past 7 per US dollar onshore for first time since 2023
A stronger currency makes imports cheaper, and aids China authorities’ long-term goal of internationalising the currency
China’s renminbi climbs to 15-month high, overcoming weak PBOC fixing
On Dec 23, onshore yuan ends at 7.0287 per US dollar, while its offshore counterpart fetches 7.0181 at 4.30pm SGT
Why the push for a stronger renminbi won’t go away
With the US dollar likely to be soft for a few years, to hold the Chinese currency back would be to allow it to depreciate against other trading partners
Ringgit boleh, rupiah frays: Divergent Asean currencies to hold steady in 2026 amid greenback blues
Renminbi remains anchor for South-east Asian currencies
It’s time for China to let the renminbi appreciate sharply
The imperative is now far stronger than a few months ago
China's finance ministry sets up new debt management department
It’s the latest step in efforts to rein in local debt risks as the economy slows
Chinese firms speed up US dollar selling amid optimism towards renminbi
The clients include exporters, importers and some investors in overseas financial assets
China expands onshore repo access in push to boost yuan assets
Authorities have been stepping up efforts to promote the country’s debt and currency markets
China’s tech giants lobby for offshore renminbi stablecoin: sources
The two firms propose China allow the launch of stablecoins in Hong Kong pegged to its offshore renminbi to help promote global use of the Chinese currency
