Recent banknote shipment failed to alleviate shortage, fund says
Chinese central bank digital currency has the potential to boost the renminbi’s internationalisation further, but only if international investors have access.
Reserve managers see potential in the renminbi and expect the International Monetary Fund to increase its weighting at the next special drawing rights reassessment
Bank of China (Hong Kong) highlights the importance of opening up the onshore renminbi (RMB) foreign exchange market and improving the development of offshore RMB FX markets
CBDC pilot expanded to fifth country as it struggles with aftermath of volcanic eruption
Pandemic has led to shortage of coins in circulation, causing problems for retailers
With China’s share of the domestic central government bond market significantly increasing in just a few years, and the International Monetary Fund including the renminbi in its special drawing rights basket of currencies, China is enjoying growing…
BoC says increase driven by stockpiles of big notes and interruptions in circulation
Policy-makers discuss what has impacted the renminbi’s adoption as a global reserve asset over the past five years.
Central Banking speaks to five policy-makers about their thoughts on the prominence of the renminbi within central bank reserves following its inclusion in the International Monetary Fund’s special drawing rights.
But pandemic made it difficult for people to access and pay with cash, new research finds
US had briefly labelled Vietnam a “currency manipulator”
Central bank raises limits on currency exports
Assistant governor says trust in financial system may be weakened by fall in cash use
Chinese deputy governor says PBoC will widen tests of ‘digital yuan’ CBDC prototype
Central bank signs agreement with banking sector to maintain minimum level of cash provision
Failure to launch CBDC risks entrenching power of tech firms, former BoE governor says
New £50 banknote featuring scientist Alan Turing enters circulation
Country struggling with sanctions as inflation spirals
Federal Reserve established liquidity arrangements with foreign partners at start of pandemic
German-based firm already provides processing services to the Federal Reserve
Currency still faces negative rates, fragmented debt market and lack of triple-A assets