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BOT closes accounts receiving direct yuan to curb grey economy
BOT closes accounts receiving direct yuan to curb grey economy
FRIDAY, JUNE 26, 2026
The central bank is stepping up its supervision of foreign QR code payments and foreign exchange speculation to protect the domestic financial system.Chinese restaurant in Huai Khwang refuses baht, accepts yuan
Chinese restaurant in Huai Khwang refuses baht, accepts yuan
THURSDAY, JUNE 04, 2026
A viral claim that a Chinese restaurant in Huai Khwang accepted only yuan has raised concerns over Thai payment rules and tax oversightChina encourages dollar buying to slow yuan ascent
China encourages dollar buying to slow yuan ascent
FRIDAY, FEBRUARY 27, 2026
PBOC takes steps to slow the yuan's rapid rise by removing foreign exchange risk reserves for certain forward contracts, encouraging dollar buying to maintain a stable exchange rateYuan hits strongest since May 2023 on report China told banks to curb US Treasuries
Yuan hits strongest since May 2023 on report China told banks to curb US Treasuries
TUESDAY, FEBRUARY 10, 2026
Bloomberg reported that the yuan jumped to its strongest level since May 2023 after China was said to have asked banks to curb their holdings of US Treasuries.China weighs yuan-backed stablecoins in major policy shift
China weighs yuan-backed stablecoins in major policy shift
THURSDAY, AUGUST 21, 2025
China is considering permitting the use of stablecoins backed by the yuan for the first time, in what would mark a dramatic policy reversal and a fresh step to elevate the currency’s global role, according to people with knowledge of the matter.Hong Kong trials stablecoin, boosting digital yuan globally
Hong Kong trials stablecoin, boosting digital yuan globally
WEDNESDAY, AUGUST 20, 2025
Hong Kong passed a stablecoin law on August 1, trialling HKD Stablecoin in Sandbox to link digital yuan, expanding its global influence and reducing the dollar's role.Trump says Japan, China cannot keep reducing value of their currencies
Trump says Japan, China cannot keep reducing value of their currencies
WEDNESDAY, MARCH 05, 2025
US President Donald Trump said he told the leaders of Japan and China they could not continue to reduce the value of their currencies, as doing so would be unfair to the United States.Yuan global use faces test as Xi reforms rattle markets
Yuan global use faces test as Xi reforms rattle markets
WEDNESDAY, AUGUST 18, 2021
The Chinese yuan has been making inroads in the world of cross-border payments in recent years, but a pair of data points due this week will reveal whether the countrys sudden industry crackdowns have dented international trust in the currency.