The Chinese renminbi has bounced back in the past few weeks as the market ignored the ongoing trade tensions between the US and China. The USD/CNY exchange rate has plunged to a low of 7.2335, its ...

But among the currencies of the six largest economies in the world, China’s renminbi is the only one that is not traded easily and accepted worldwide—that is, it is not a hard currency. China’s ...

The Renminbi, China’s legal currency, is issued and controlled solely by the People’s Bank of China. The exchange rates of the Renminbi are decided by the People’s Bank of China and issued ...

The renminbi remained under pressure last week after the US imposed new tariffs on Chinese goods, risking a prolonged trade war. The USD/CNY exchange rate rose to 7.2877, its highest level since ...

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 11 pips to 7.1752 against the U.S.

Campanella, Edoardo, and Meg Rithmire. "What Future for the Renminbi in the Global Monetary System?" Chap. 7 in U.S.-China Relations for the 2030s: Toward a Realistic Scenario for Coexistence, edited ...

Chief Executive Officer Tim Cook made a stop in Hangzhou on Wednesday, a city recognized as a technology hub and headquarters ...

In response to the rising influence of U.S. dollar-pegged cryptocurrencies, a Chinese Communist Party-backed publication ...

So-Young International Inc. (Nasdaq: SY) ('So-Young' or the 'Company'), the leading aesthetic treatment platform in China connecting consumers with online services and offline treatments, today ...

Return of USD strength in the near term is likely to be the dominant factor impacting IDR in the near term. Although ...

Shares of Market Vectors Chinese Renminbi/USD ETN (NYSEARCA:CNY – Get Free Report) passed above its 50 day moving average during trading on Monday .The stock has a 50 day moving average of $44. ...

Outstanding renminbi loans in the Hong Kong market reached 724 billion yuan ($99.32 billion) by the end of 2024, marking a 64 percent surge from 2023, the Hong Kong Monetary Authority said ...