China has entered into more than 30 bilateral currency swap agreements since December 2008. As of May 15, 2015, the total value of effective currency swap agreements was RMB 2.9 trillion (US$ 468 ...

China has kept the renminbi’s exchange rate with the dollar steady in its first official currency fix since US President Donald Trump hit the country with tariffs. The People’s Bank of China on ...

BEIJING, Feb. 13 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 9 pips to 7.1719 against the U.S. dollar Thursday, according to the China Foreign Exchange ...

Geopolitical tensions and tariffs will likely push China to devalue its currency, making USD:CNY a profitable trade. Read ...

BEIJING, Feb. 5 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 5 pips to 7.1693 against the U.S. dollar Wednesday, according to the China Foreign ...

BEIJING, Feb. 10 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 8 pips to 7.1707 against the U.S. dollar Monday, according to the China Foreign Exchange ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The renminbi weakened and Chinese stocks fell after US President Donald Trump said he could impose a 10 per ...

"If the renminbi becomes a very unstable currency ... Macro's China strategist Yan Wang sees the 7.7 level in dollar/yuan as the upper limit for the PBOC, implying about a further 5% decline.

"If the renminbi becomes a very unstable currency ... Macro's China strategist Yan Wang sees the 7.7 level in dollar/yuan as the upper limit for the PBOC, implying about a further 5% decline.