London and Paris are vying to become Europe’s renminbi trading hub. Paris is challenging London, the leading center of foreign exchange trading globally, to be the hub of renminbi trading in Europe.

As China's share of regional trade has grown so too has the importance of its currency, the renminbi, in international transactions. Since 2002, China’s share in East Asia’s trade has leapt from 10 ...

Chinese currency has two names: the renminbi (RMB) and the yuan. The two are oft confused and used interchangeably. This misunderstanding has amped up as of late... You see, unprecedented action from ...

China’s central bank moved to slow the pace of renminbi appreciation on Feb 27, scrapping risk reserves requirements for forex forward contracts in a move that would encourage US dollar buying. The ...

Momentum is growing through manufacturing activity, procurement flows and regional supply chains Read more at The Business ...

As G10 currencies follow their divergent paths, with the dollar gradually strengthening as the euro and yen decline, the question of the Chinese renminbi’s value is coming under increasing scrutiny.

Pressure from BRIC countries for a new international reserve currency to replace the dollar is growing. China, the world’s leading trading nation, would like to reap some of the benefits and prestige ...

Much has been made of the recent outbreak of currency war rhetoric, but analysis suggests global exchange rates are not misaligned by historical standards. The G7 managed to inject volatility into the ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The International Monetary Fund (IMF) on Monday added ...

One of the world's multi-national banks is currently running a series of advertisements with a tag line suggesting that 2013 is the year of the renminbi. It appears this might be more than just ...