The head of China’s central bank has sworn to expand the international use of the digital yuan. He also called for the development of a multi-polar global currency system, in which more than one ...

According to a news outlet, physical money — including coins and paper notes — has nearly vanished from day-to-day ...

By contrast, its US counterpart, the US Bureau of Engraving and Printing, employs a tenth of the staff at two currency factories; the world’s number two, the British firm De La Rue, had slightly ...

The currency-swap framework was first established in May 2018, when the Central Bank of Nigeria and the People’s Bank of China signed a deal valued at renminbi (RMB) 16 billion (about $2.5bn).