Generally speaking, tracking China’s exchange rate is about as exciting as watching paint dry because nothing ever happens.

Beijing: China s central bank on Friday said that it has revised the rules of the Cross Border Interbank Payment System (CIPS) to strengthen ...

Are we seeing this going towards elevating the RMB to the same globally accepted status as the US$? Daniel Martin finds out ...

Since the beginning of the year, the Bank has delivered strong performance in the secondary market. As of December 24, its A-shares closed at RMB 10.96 per share, representing a gain of 23.1% YTD. Its ...

CLI has closed its second onshore sub-fund, China Retail RMB Fund I, bringing the total fund size to RMB1 billion ($183 ...

In recent weeks, a cluster of news reports and commentary has drawn attention to China’s accelerating efforts to internationalize the renminbi (RMB). At the Lujiazui Forum in Shanghai, The New York ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. There is a tendency to equate the RMB/ dollar with the RMB. That most often shows ...

Earlier today the International Monetary Fund (IMF) Executive Board voted to approve the inclusion of the renminbi (RMB) in their Special Drawing Rights (SDR) basket of currencies. The decision will ...