BEIJING, Feb. 19 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 8 pips to 7.1705 against the U.S. dollar Wednesday, according to the China Foreign Exchange ...
BEIJING, Feb. 18 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 5 pips to 7.1697 against the U.S. dollar Tuesday, according to the China Foreign ...
Donald Trump’s return to the White House has been a boon to Asia’s currency markets as traders in the US and Europe respond to his late-night social media posts and announcements by logging on to the ...
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 ...
Geopolitical tensions and tariffs will likely push China to devalue its currency, making USD:CNY a profitable trade. Read ...
As such, there are plenty of opportunities for traders to capitalize on the volatility of the Chinese currency, the renminbi. Forex trading in China can be a lucrative venture, but it also comes ...
Outstanding renminbi loans in the Hong ... factors such as the competitiveness of Chinese exports and the structure of export destinations, and the currency's value may not be determined by ...
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