BEIJING, March 8 (Xinhua) -- The central parity rate of the yuan strengthened 55 basis points to 6.3239 against the U.S. dollar Thursday, according to the China Foreign Exchange Trade System. In China's spot foreign exchange market, the yuan is allowed ...
more“We forecast further CNY appreciation as capital flows have become more balanced and could shift towards a resumption of inflows as foreign demand for onshore China assets increase.
moreBEIJING, Feb. 14 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 181 basis points to 6.3428 against the U.S.
more| 13 Feb 2018 14:03 | HYPEBEAST (blog) |
The sneaker's dark color scheme grants extra emphasis to the gold and red accents, the traditional colors of Chinese New Year.
more| 13 Feb 2018 03:45 | Bloomberg |
The People's Bank of China appointed JPMorgan Chase Bank N.A. as a yuan clearing bank in the U.S., the first non-Chinese lender for such a role globally and a further step to promote international use of the currency. The arrangement is made under the ...
more| 12 Feb 2018 23:03 | The Express Tribune |
KARACHI: Former State Bank of Pakistan governor Ishrat Husain said on Sunday that Pakistan should engage in more trade with China in Chinese currency yuan in order to lessen its dependence on the US dollar. “Diversifying foreign reserves will create ...
more| 19 Nov 2017 23:37 | Economic Times |
"Post-19th Party Congress and Trump's visit to China, RMB became less event-driven and more market-oriented.
more| 17 Nov 2017 14:39 | MarketWatch |
Reports say that Saudi Arabia—the world's largest oil exporter—might start to accept Chinese yuan USDCNY, -0.0211% as payment for its usually dollar-denominated oil exports to China, after oil companies in Russia, Iran and Venezuela have done the ...
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