China's yuan hits 15-year low after Xi extends rule
The onshore yuan fell as much as 0.6% to 7.3084 per dollar, its weakest level since December 2007 and close to the lower limit of the trading band set by the central bank on Tuesday.
China regulator warns banks against yuan selling, sources say
Recent economic indicators showed that the Chinese economy is in the doldrums, with the latest alarm bell a record surge in unemployment payouts for June.
How an Indian cement maker bought Russian coal using yuan
The dollar is the currency of choice for global trade in raw materials, but some traders say the yuan could be increasingly used to settle payments for supplies from Russia.
