Chinese state-owned banks have been buying up the yuan and selling the dollar, Reuters reported. That comes as China's central bank lowers the dollar-yuan daily fixing rate to a three and half month ...

Add Yahoo as a preferred source to see more of our stories on Google. (Bloomberg) -- Never miss an episode. Follow The Big Take Asia podcast today. Talk of de-dollarization has been gaining momentum ...

Take a drive almost anywhere in the U.S., and you'll soon agree that the Dollar Tree and Dollar General chains are massive. As of Nov. 2, Dollar Tree had nearly 8,900 locations of its namesake brand ...

Chinese traders are pulling back from the dollar, helping ease a shortage that has rattled the banking system and setting the yuan up for further gains. The dollar’s premium over the yuan, as ...

The Chinese yuan (also known as the renminbi) is a fixed currency that is allowed to trade within a band selected by the People's Bank of China (PBoC). The PBoC chooses a midpoint and allows the ...