Russia said on Wednesday it would boost its sales of Chinese yuan by 17% from Feb. 7 in a move seen as aimed at supporting the rouble in the face of increased volatility due to Western sanctions and ...

China’s central bank moved on multiple fronts this week and last in an effort to shore up its currency, the yuan, which has languished near a 16-month low relative to the dollar. The People’s ...

Use of the yuan reached to 3.75 percent of global payments in December, securing its position as the fourth most active currency, data from global payment services provider Society for Worldwide ...