yuan

Last Updated: April 27, 2023, 15:31 ISTArgentina will pay for Chinese imports in yuan instead of US dollars. (Image: File Photo)Argentina's government on Tuesday accused the country's rightwing opposition of fueling a dramatic erosion of…

<!-- -->Argentina said that decision to pay in yuan "improves the perspective of Argentina's net reserves."Buenos Aires, Argentina: Argentina will pay for Chinese imports in yuan instead of US dollars in order to preserve its…

Last Updated: April 27, 2023, 00:04 ISTChina has long been promoting the use of yuan to settle cross-border trades as part of an efforts to internationalise the use of its currency. (Photo: Reuters)Cross-border payments and receipts in yuan…

BEIJING : China's new yuan loans are expected to rebound in March from a sharp drop in February, a Reuters poll showed, as the central bank keeps policy accommodative to support a nascent economic recovery. Chinese banks are estimated…

India has asked banks and traders to avoid using Chinese yuan to pay for Russian imports, three government officials involved in policy making and two banking sources said, because of long-running political differences with its neighbour. …

NW DELHI: India has asked banks and traders to avoid using Chinese yuanto pay for Russian imports, three government officials involved in policy making and two banking sources said, because of long-running political differences with its…

BEIJING : China's new yuan loans are expected to fall in February from a record high in January partly due to seasonal factors, a Reuters poll showed, as the central bank keeps policy accommodative to support the slowing economy.Chinese…

SHANGHAI : Some Chinese companies are holding on to dollar revenues from exports, while others are turning to foreign exchange hedging in anticipation of a fall in the value of the yuan, according to executives, bankers and data…

HONG KONG : Warburg Pincus is raising 3 billion yuan ($439 million) in its maiden yuan-denominated fund, two people with knowledge of the matter said, joining a growing list of private equity investors eyeing local currency investment…

BEIJING : New bank loans in China jumped more than expected to a record 4.9 trillion yuan ($720.21 billion) in January as the central bank looks to kickstart a recovery in the world's second-biggest economy after the lifting of harsh…