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 ...

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 ...

While the central bank has been firmly supporting the yuan currency in the face of Trump's threats, analysts expect it will deliver further cuts in interest rates and RRR as early as the first ...