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

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 13 pips to 7.1706 against the U.S.

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 9 pips to 7.1719 against the U.S. dollar ...

Outstanding renminbi loans in the Hong Kong market reached 724 billion yuan ($99.32 billion) by the end of 2024, marking a 64 ...

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 ...

BEIJING, Feb. 14 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Friday by the China Foreign Exchange ...

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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

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 ...

China's stocks and currency came under pressure as markets returning from a week-long break were greeted by a new trade ...