Kenya has converted its US dollar-denominated railway loans from China into the Chinese yuan, not only securing debt relief but also fitting into Beijing's long-term goal of internationalising its ...
USD/CNY dipped on Monday as Yuan strengthened after Chinas central bank took additional measures to lure foreign investors to ...
The swap of the SGR dollar-based interest rates into yuan-based rates will save the country about Sh27.8 billion a year, ...
USD/CNY dipped on Friday as yuan strengthened as traders monitored ongoing U .S.China trade developments. China sharply ...
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The renminbi (literally "people's currency") or the yuan is the official currency in the mainland of the People's Republic of China (PRC). It is issued by the People's Bank of China, the monetary ...
Chinese currency has two names: the renminbi (RMB) and the yuan. The two are oft confused and used interchangeably. This misunderstanding has amped up as of late... You see, unprecedented action from ...
Chinese and French energy companies this week finalised the first-ever deal on liquified natural gas (LNG) in China settled in the renminbi yuan currency. The trade, involving 65,000 tons of LNG ...
Blandina Szalay highlights the shift in China’s strategy towards digital currencies and why its significance extends far ...
All along, some of us here at TOTN have been under the impression -- nay, conviction -- that the Chinese currency is the yuan. Lately, though, a new-to-us word has stormed our little economic scene: ...
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