Yuan

Senators move to bar apps in the US for hosting China's digital currency in their payment systems amid fear of spies

Govt asks finance ministry, SBP to review proposal shared by Bank of China

The transaction volume of the client market totalled 3.32 trillion yuan last month

Central bank vows to punish those who refuse cash as payments go digital

Islamabad must overcome productivity constraints to ramp up exports

Trump seeks to limit fallout, saying China wants to negotiate

Yuan has fallen by around 4% in August to its lowest point in more than 11 years

With expectations that falling prices may lead to production cuts

Yuan has lost more than 2.5% against the dollar

Yuan has fallen more than 8% against dollar since end of April 2018

Has inked currency swap agreements with over 30 countries and regions since late 2008

Encourages market players of the two countries to settle bilateral trade and investment in local currencies

Foresees yuan-denominated transactions with China to increase significantly

Move would raise economic profile of China, prove its improved stewardship

Authorities only allow the yuan to rise or fall two percent on either side of the daily fix

The People's Bank of China shocked global financial markets on Aug 11 by devaluating currency by almost two per cent