The existing reserve currencies dominate; only a paltry 0.1 percent of international debt is denominated in renminbi. While the absolute size of the debt securities market in China is small from a ...

China’s regulators sought to reassure markets on Monday as equities and the renminbi extended losses ... 0.2 per cent on Monday and has declined 4.1 per cent in the first three trading days ...

That assessment would provide scope for the renminbi to resume its gradual appreciation as China’s economy stabilises. The unit has risen nearly 1.0% against the dollar since the end of April. In a ...