Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
RMB Sorting by the latest release time

  • RMB becomes 4th most active currency for global payments: SWIFT

    The RMB climbed one position to become the fourth most active currency for global payments by value in December 2021, with a share of 2.7 percent, said the Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global provider of financial messaging services, on Thursday.

    January21,2022


  • Chinese yuan weakens to 6.3677 against USD Friday

    The central parity rate of the Chinese currency renminbi, or the yuan, weakened 135 pips to 6.3677 against the U.S. dollar Friday, according to the China Foreign Exchange Trade System.

    January14,2022


  • Balance of offshore RMB deposits in London hits record

    The outstanding renminbi (RMB) deposits in London hit record as the Chinese currency becomes increasingly appealing to international investors, a new report showed on Thursday.

    November26,2021


  • Chinese yuan weakens to 6.4032 against USD Friday

    The central parity rate of the Chinese currency renminbi, or the yuan, weakened 142 pips to 6.4032 against the U.S. dollar Friday, according to the China Foreign Exchange Trade System.

    October22,2021


  • Chinese yuan strengthens to 6.4069 against USD Wednesday

    The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 238 pips to 6.4069 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System.

    October20,2021


  • Chinese yuan weakens to 6.4612 against USD Wednesday

    The central parity rate of the Chinese currency renminbi, or the yuan, weakened 165 pips to 6.4612 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System.

    October13,2021


  • Chinese yuan weakens to 6.4693 against USD Wednesday

    The central parity rate of the Chinese currency renminbi, or the yuan, weakened 166 pips to 6.4693 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System.

    September22,2021


  • China to expand cross-border use of RMB

    China will expand the use of its currency, the renminbi (RMB), in cross-border payments amid efforts to advance RMB internationalization, said a central bank report released on Saturday.

    September22,2021


  • Cross-border use of RMB hits record high: report

    The share of the Chinese currency the renminbi (RMB) in cross-border payments hit a record high in 2020 and continued to gain steam, according to a report on the internationalization of the RMB published by the China Banking Association.

    August23,2021


  • RMB remains the fifth most active currency in global payments in July: SWIFT

    China's currency renminbi (RMB) retained its position as the fifth most active currency for global payments by value in July, according to the Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global provider of financial messaging services.

    August20,2021


  • Holding of RMB assets set new high in global forex reserves in Q1

    Foreign exchange (forex) reserves of RMB assets around the globe registered 287.46 billion U.S. dollars in the first quarter of 2021, achieving the ninth consecutive quarter of growth, reported China Securities Journal Friday quoting the International Monetary Fund (IMF).

    July02,2021


  • ​RMB appreciation boosts attractiveness of assets investment

    The renminbi (RMB) exchange rate has appreciated rapidly recently, which reflects the changes in market supply and demand, as well as the increased flexibility of the exchange rate, according to market analysts.

    May13,2021


  • ​RMB's share in global forex reserves continues to rise

    The Chinese currency renminbi (RMB) has taken increasing share in the global foreign exchange (forex) reserves, marking a step forward in RMB internationalization, reported Shanghai Securities News Friday.

    April02,2021


  • RMB included in Russia's national wealth fund

    The Chinese yuan and the Japanese yen have been included in the regulatory currency structure of Russia's National Wealth Fund (NWF), the country's Finance Ministry announced Wednesday.

    February26,2021


  • RMB gains larger share in international payment: SWIFT

    The Chinese currency renminbi (RMB), or the yuan, has retained its spot as the fifth most attractive currency for global payments by value in January but with a larger share as a global payment currency, said the Society for Worldwide Interbank Financial Telecommunication (SWIFT).

    February22,2021


  • ​RMB international payments off to good start in 2021

    Renminbi (RMB), the Chinese currency, has embraced a good start in international payments in 2021.

    February20,2021


  • China Focus: Digital currency issued to boost Spring Festival consumption

    Several Chinese cities are using digital renminbi (RMB) to boost consumption during the upcoming Spring Festival and promote the use of the new form of currency.

    February08,2021


  • Cross-border trade settlement in renminbi at 633.8 billion yuan in November

    Renminbi-denominated cross-border trade settlement hit 633.8 billion yuan (about 97.06 billion U.S. dollars) in November, central bank data showed Wednesday.

    December10,2020


  • China to promote use of RMB in cross-border trade and investment

    China will further improve and facilitate the use of Renminbi (RMB) in cross-border trade and investment to better serve enterprises, reported Xinhua Finance, a financial platform run by Xinhua News Agency Friday.

    November13,2020


  • Chinese yuan extends gains against USD to 28-month high

    The central parity rate of the Chinese currency renminbi, or the yuan, extended gains Tuesday to hit a new high in 28 months against the U.S. dollar.

    November10,2020


  • Ask Us A Question belt & road login close

    If you have any questions, please enter them in the box below.

    Identifying code Reload

    Write to Us belt & road login close

    Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

    Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

    Start a Free Trial