China does not provide USD liquidity under bilateral currency swap agreements, but both Pakistan and Argentina were able to convert RMB to USD in the offshore RMB market. In other words ...

Restrictive covenants in global financial safety net system drive fragmentation, while CBDCs and digital petroyuan may alter ...

From my perspective, the "east wind" — which in Chinese culture symbolizes the catalyst for a major change or a harbinger of ...

The United States must primarily provide international liquidity or reserve currency ... renminbi will continue to advance. China will continue to work to uphold the authority of the IMF and other ...

Pakistan Finance Minister Muhammad Aurangzeb has requested the Chinese government to raise the limits of the currency swap agreement to 40 billion Chinese Yuan, ARY News reported. During a meeting ...

"The Shanghai Petroleum and Natural Gas Exchange platform will be fully utilized for RMB settlement in oil and gas trade," he said in Riyadh in December 2022. "The two sides could start currency swap ...

The renewal of the bilateral currency swap agreement between China and ... commitment to deepening financial cooperation. Other offshore renminbi centers like Singapore, Frankfurt and Paris ...

has signed an estimated 40 swap-line agreements since 2009, giving its partner central banks access to some $600 billion worth of Chinese currency (RMB). Last year’s total amount outstanding hit ...

The yuan, also called the renminbi, has risen to become the fourth most active currency for global payments ... by lenders to communicate with each other. “As we facilitate the growth of the ...

Plans include upgrading the Central Moneymarkets Unit. Chief Executive John Lee has announced new measures to enhance market ...