Accessibility helpSkip to navigationSkip to contentSkip to footer
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign In
  • Home
  • World
    Sections
    • World Home
    • Israel-Hamas war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    Most Read
    • Donald Trump scores big win in South Carolina Republican primary
    • Global house prices rebound as economists predict turning point
    • Trump says he is a ‘dissident’ under siege from thugs in bleak speech
    • Malaysia’s prime minister decries ‘China-phobia’ among US and western allies
    • Trump pivots to race against Biden after crushing Haley in South Carolina
  • UK
    Sections
    • UK Home
    • UK Economy
    • UK Politics
    • UK Companies
    • Personal Finance
    Most Read
    • UK Conservatives battle to retain ‘true blue’ rural heartlands
    • Conservative party suspends Lee Anderson over Sadiq Khan comments
    • UK deputy PM declines to say if Lee Anderson comments over Sadiq Khan were racist
    • Birth rate drops to new low in England and Wales
    • ‘Macho’ all-male Rochdale by-election fuels political divisions over Gaza
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • Jim Ratcliffe warns EU bureaucracy will drive away industry’s investments
    • Warren Buffett admits Berkshire Hathaway’s days of ‘eye-popping’ gains are over
    • Indonesia to wipe out global nickel rivals, warns French miner Eramet chief
    • Goldman insider-trading conviction shows UK watchdog sharpening its teeth
    • European football needs innovation and drama, says Real Madrid and FC Barcelona investor
  • Tech
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Cryptofinance
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Wealth Management
    • Moral Money
    • ETF Hub
    • Fund Management
    • Trading
    Most Read
    • Indonesia to wipe out global nickel rivals, warns French miner Eramet chief
    • How Germany’s steelmakers plan to go green
    • Goldman insider-trading conviction shows UK watchdog sharpening its teeth
    • $100mn in crypto payments traced to Myanmar-based ‘scammers’
    • Public service pensions are the elephant in the room
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
    Most Read
    • Why is Nikki Haley still running?
    • Western timidity has only emboldened Putin
    • The global trade system is in desperate need of an overhaul
    • The forgotten war
    • The metropolitan elite has ignored farmers for too long
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    • Working It
    Most Read
    • Fewer trips, fewer planes: business travellers rethink old habits
    • The menace of the overblown job title
    • ‘Every person slips at some point’: how businesses are managing the four-day week
    • ‘The one thing I’ve always had is deal flow’: RedBird’s Gerry Cardinale
    • Good news. We’ve got the contract for the worst idea in the world
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
    Most Read
    • Zone of Interest director Jonathan Glazer: ‘I’m suspicious of people making Holocaust films’
    • Six cool California hotels to book now
    • Across ‘Saxon Switzerland’ in the footsteps of Caspar David Friedrich
    • Can a friendship app cure loneliness?
    • ‘They are among us’: Russia’s terrifyingly effective poisoning operation
  • HTSI
  1. Markets
  2. Currencies
  3. Renminbi
MenuSearch
  • Home
  • World
  • UK
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Work & Careers
  • Life & Arts
  • HTSI
Financial Times
SubscribeSign In

Renminbi

Add to myFT Digest

Add this topic to your myFT Digest for news straight to your inbox

  • Thursday, 21 December, 2023
    Foreign exchange
    China’s renminbi pips Japanese yen to rank fourth in global payments

    Chinese currency surpasses euro in November to become second most-used in trade finance

    Montage including photo of Chinese renminbi currency
  • Wednesday, 6 December, 2023
    Markets InsightAlicia García-Herrero
    Against the odds, China’s push to internationalise its currency is making gains

    Geopolitical concerns help support the use of the renminbi despite weak foreign investment trends

    Montage of a renminbi note and the Chinese flag
  • Thursday, 16 November, 2023
    Trade SecretsAlan Beattie
    The US-China currency wars are in an unstable lull

    If Beijing returns to promoting export-led growth, tension over exchange rates may return

  • Thursday, 19 October, 2023
    Chinese business & finance
    Chinese investors’ sales of US stocks and bonds hit four-year high

    Sales surge coincides with People’s Bank of China’s efforts to defend renminbi

    The People’s Bank of China headquarters in Beijing
  • Wednesday, 27 September, 2023
    Currencies
    Russia is increasingly using China’s currency to evade sanctions Premium content

    Also in this newsletter: why Bosnia should get rid of its Serb separatist leader before joining the EU

    An illustration shows the 100 Chinese yuan or Renminbi (RMB) note
  • Monday, 18 September, 2023
    Gold
    China lifts temporary curbs on gold imports as renminbi recovers

    Spread between Shanghai spot price and London hit record $121 per troy ounce last week

    A picture of a one-hundred renminbi bank note
  • Monday, 11 September, 2023
    China issues strong warning against bets on renminbi depreciation

    Currency rebounds from 16-year low as Beijing releases positive lending data earlier than usual

    Dollar banknotes with a 100 renminbi note
  • Friday, 8 September, 2023
    Chinese economy
    Janet Yellen says China has ‘policy space’ to boost its economy

    Treasury secretary indicates slowdown’s impact on US will be small as renminbi hits 16-year low against dollar

    US Treasury secretary Janet Yellen addresses the media ahead of the G20 summit in New Delhi, India, on Friday
  • Thursday, 7 September, 2023
    Chinese trade
    China’s renminbi hits 16-year low after exports tumble in August

    Beijing under pressure for more economic support as manufacturing sector struggles to pick up

    Container ships dock at cranes in Nanjing port in China’s eastern Jiangsu province
  • Wednesday, 6 September, 2023
    Foreign exchange
    China and Japan push back against dollar strength

    People’s Bank of China sets renminbi trading band higher than expected while Tokyo warns against yen’s decline

    A hand holding $100 bills
  • Monday, 4 September, 2023
    LexChinese business & finance
    China banks: renminbis for Russia heighten secondary sanctions risk Premium content

    Beijing’s mission to promote the currency could end up hurting Chinese lenders

    Blocks of renminbi notes being stacked
  • Friday, 1 September, 2023
    Chinese business & finance
    China boosts housing market and renminbi support

    Cheaper mortgages offered in biggest cities while central bank eases foreign exchange reserve requirements

    Hundred yuan note on a pile of US dollars
  • Thursday, 31 August, 2023
    Trade SecretsAlan Beattie
    The fundamental reason China will struggle to dethrone the dollar

    Making a currency a global standard demands deep trust in its issuer’s openness and reliability

  • Tuesday, 29 August, 2023
    Explainer
    Can China arrest the renminbi’s slide?

    Currency has fallen 5% this year but investors expect further declines

    A picture of Chinese bank notes
  • Thursday, 24 August, 2023
    The rise of the middle powers
    China capitalises on US sanctions in fight to dethrone dollar

    Beijing uses developing world chagrin over Washington’s weaponisation of greenback to push global renminbi

    A montage of a globe, with its spherical object replaced by China’s national emblem, impressed on  renminbi and dollar bills and a world map illustration
  • Friday, 18 August, 2023
    Chinese economy
    China’s central bank steps up defence of renminbi

    Currency weakens as concerns mount over health of world’s second-largest economy

    The People’s Bank of China building in Beijing
  • Tuesday, 8 August, 2023
    Chinese business & finance
    Cross-border debt boom aids China’s efforts to widen renminbi use

    Issuance of ‘panda’ and ‘dim sum’ debt hits record pace as economic slowdown depresses borrowing costs

    Montage of renminbi notes with an increasing bar graph overlaid
  • Monday, 31 July, 2023
    Currencies
    Renminbi on course for best monthly rise since January

    Currency increases 1.5% against dollar in July after months of falls

    A montage of a renminbi note and an arrow pointing up
  • Tuesday, 4 July, 2023
    RMB? NBD - GS

    Steady, but slow internationalisation

  • Monday, 26 June, 2023
    Renminbi drops to seven-month low against dollar over economic worries

    Slowing domestic growth and shrinking exports have become main concerns as Fed’s influence wanes

    A person counting renminbi notes
  • Tuesday, 20 June, 2023
    News in-depthChinese trade
    China’s ‘trinket town’ at heart of push for renminbi trade

    Russians lead drive to settle in Chinese currency as sanctions cut access to dollar financing

    Women sit in a store selling Christmas products at the Yiwu wholesale market
  • Thursday, 13 April, 2023
    Brazilian politics
    Brazil’s Lula calls for end to dollar trade dominance

    Leftist president lends his voice to Beijing’s efforts to boost renminbi’s role in global commerce

    Brazil’s president Luiz Inacio Lula da Silva
  • Wednesday, 12 April, 2023
    Renminbi’s share of trade finance doubles since start of Ukraine war

    Rising cost of dollar financing has also made China’s currency more attractive

    the headquarters of the People’s Bank of China, Beijing
  • Monday, 3 April, 2023
    Currencies
    Crude indicators for dollar’s dominance

    Exorbitant privilege FTW

  • Thursday, 30 March, 2023
    Gillian Tett
    Prepare for a multipolar currency world

    The US dollar still dominates debt markets, but some niche-sounding data suggests things could be set to shift

    Efi Chalikopoulou illustration of Benjamin Franklin’s eye on a $100 bill, with China’s flag as the pupil
Previous page You are on page 1 Next page

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT Schools

Tools

PortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

Community & Events

FT CommunityFT Live EventsFT ForumsFT Board NetworkBoard Director Programme

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2024. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Financial Times

UK Edition

Subscribe for full access
  • Switch to International Edition

Top sections

  • Home
  • World
    • Israel-Hamas war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
  • UK
    • UK Economy
    • UK Politics
    • UK Companies
    • Personal Finance
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
    • Artificial intelligence
    • Semiconductors
    • Cyber Security
    • Social Media
  • Markets
    • Alphaville
    • Markets Data
    • Cryptofinance
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Wealth Management
    • Moral Money
    • ETF Hub
    • Fund Management
    • Trading
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    • Working It
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
    • Next Act
  • HTSI
  • Special Reports

FT recommends

  • Lex
  • Alphaville
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • Visual and data journalism
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • FT Live Events
  • FT Forums
  • Board Director Programme
  • myFT
  • Portfolio
  • FT Digital Edition
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In