Chinese yuan's share of global currency ...

WASHINGTON, March 29 (Xinhua) -- The Chinese yuan's share of currency reserves increased to 1.89 percent in the fourth quarter of 2018, ranking the fifth among all allocated reserves, the Internation

Sudanese president issues emergency ban ...

KHARTOUM, March 21 (Xinhua) -- Sudanese President Omar al-Bashir on Thursday issued an emergency order banning storage of and speculation in the national currency. "The order is prohibiting speculati

S.Korea's foreign currency deposit falls...

SEOUL, March 18 (Xinhua) -- South Korea's foreign currency deposit fell last month as importers paid cost amid the strong U.S. dollar, central bank data showed on Monday. Foreign currency deposit amo

Ghana finance minister says local curren...

ACCRA, March 15 (Xinhua) -- Ghana's Finance Minister Ken Ofori-Atta on Friday expressed confidence that the local cedi currency, which has seen some of its worst performances in recent years, would b

Poland's priority is not adopting euro, ...

WARSAW, March 5 (Xinhua) -- Polish Prime Minister Mateusz Morawiecki argued Tuesday that maintaining the national currency was better for Poles than introducing the common EU currency. "Our main purp

Economist predicts rising status for yua...

Morgan Stanley economist Robin Xing has said the Chinese yuan will receive more recognition as a global reserve currency thanks to the continued opening in the country's capital market. "The yuan's

Economist predicts rising status for yua...

BEIJING, March 2 (Xinhua) -- Morgan Stanley economist Robin Xing has said the Chinese yuan will receive more recognition as a global reserve currency thanks to the continued opening in the country's