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Renminbi

China's RMB project making steady progress

As China steps up efforts to graduate to a leading role in global currency markets, India faces a choice between aligning with the Western-dominated financial system and the Chinese one

China's RMB project making steady progress
Updated On : 18 Apr 2023 | 10:43 PM IST

How will the digital renminbi change China?

As China's global trade and financial importance grows, more transactions will be settled in renminbi

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Updated On : 06 May 2021 | 10:21 PM IST

The Year of the Renminbi?

China has been the world's largest trader since 2013, its economy is now larger than that of the US in purchasing power parity terms, and soon it will pull ahead in terms of market exchange rates, too

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Updated On : 21 Jan 2021 | 3:02 AM IST

The inseparable twin of a trade war

The depreciation of the renminbi in recent weeks has raised fears that China is aiming to counter US tariffs by weaponising its currency

The inseparable twin of a trade war
Updated On : 17 Sep 2019 | 1:02 AM IST

Renminbi's growing global influence

Internationalisation of the Chinese currency remains on track despite recent stalling

Renminbi's growing global influence
Updated On : 13 Jun 2017 | 10:43 PM IST

Shyam Saran: Is internationalisation of RMB stalling?

The dollar will continue to reign as China is unlikely to accept the volatility that full capital convertibility is likely to bring

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Updated On : 06 Jul 2016 | 1:07 AM IST