Home / BusinessBusinessBloombergBusinessBloomberg·Aug 6, 2026·1 min readChinese Banks Expand Direct Settlement to Aid Yuan’s Global RoleChina is accelerating its push to internationalize the yuan as domestic banks add new foreign currencies available for direct settlement to bypass the dollar in cross-border trade.View original source — Bloomberg ↗ShareCopy linkShare on XShare on FacebookRelated storiesBusinessThe PunchBusinessAug 7, 2026 · 1 minOando posts N32bn pre-tax loss as finance costs surgeThe PunchBusinessBloombergBusinessAug 7, 2026 · 1 minIran Seeks to Bar US Ships as Deal With Oman AdvancesBloombergBusinessThe PunchBusinessAug 7, 2026 · 1 minGombe IRS generates N20.7bn revenue in six monthsThe PunchBusinessCNBCBusinessAug 7, 2026 · 1 minMeta ordered to pay $567 million into abatement fund as remedy to child harms case in New MexicoCNBC
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