Learn how China's yuan peg stabilizes its currency, enhances export competitiveness, and fuels economic growth by managing exchange rates against a basket of currencies.

Yuan financing has never been as popular as it is now, with more countries and foreign companies tapping the market, in a sign that China’s ambition to internationalize its currency is bearing fruit.

The yuan extended gains on Thursday, marking its longest winning streak against the greenback since 2010, after China’s daily ...

China’s yuan has tightened its grip on global currency markets, rising to 8.5% of all foreign exchange trades this year and keeping its fifth-place ranking worldwide, according to the Bank for ...

SHANGHAI, Feb 4 (Reuters) - Booming exports are pushing up China's currency and while analysts think authorities will resist further gains, risks are to the upside and could test the country's fragile ...

Yuan rises after People’s Bank of China sets stronger reference rate ahead of National People’s Congress, signaling comfort with appreciation and policy shifts.

The yuan rallied after the People’s Bank of China signalled its comfort with the currency’s appreciation via its daily reference rate, ahead of the National People’s Congress.

China's yuan is surging against the U.S. dollar, boosted by booming exports and aided by falling U.S. interest rates and the wobbly greenback.

Analysts think a major devaluation of China’s currency is unlikely, but Tuesday brought a tiny step in that direction. The People’s Bank of China, the central bank, set its reference rate at 7.2038 ...

SHANGHAI, Feb 4 (Reuters) - Booming exports are pushing up China's currency and while analysts think authorities will resist further gains, risks are to the upside and could test the country's fragile ...