Renminbi - Financial Times
Nov 6, 2024 · People’s Bank of China sets renminbi trading band higher than expected while Tokyo warns against yen’s decline
China currency: Yuan - South China Morning Post
Nov 18, 2024 · Latest news on the Chinese yuan, also known as the renminbi, including the impact of the US-China trade war on the Chinese Communist Party's currency policies.
China’s international use of renminbi surges to record highs
Aug 29, 2024 · China’s use of the renminbi in cross-border transactions has reached record highs this year, as closer ties with Russia bolster Beijing’s efforts to internationalise its currency and cut...
Chinese equities and currency extend declines in rocky start to year
1 day ago · China’s central bank on Monday kept the daily fixing rate — the midpoint around which the renminbi is allowed to trade 2 per cent in either direction against the dollar — at Rmb7.19, in ...
CNY/USD: China Maintains Grip on Yuan With Fix Stronger Than …
1 day ago · China reaffirmed its support for the yuan after the currency’s slide last week fanned speculation policymakers would allow it to depreciate faster.. The People’s Bank of China set its daily ...
Exclusive: Chinese authorities are considering a weaker yuan as …
Dec 11, 2024 · Financial News, the PBOC's ... The yuan, or renminbi (RMB) as it is sometimes known, has struggled since 2022, weighed down by an anaemic economy and a drop in foreign capital inflows into China's ...
China’s Record Dividend Payout Intensifies Pressure on the Yuan
Dec 29, 2024 · China’s ambitious campaign to revive its flagging stock market has made the yuan an unintended casualty, with record dividend payouts leading to outflows.
After Trump’s Tariff Threat, Is a China Currency War Next?
Nov 26, 2024 · A cheaper renminbi could partly or entirely offset the effects of the extra 10 percent tariff on Chinese goods that Mr. Trump said on Monday he would order on his first day in office. He also said ...
China rushes to reassure investors as equities and renminbi fall
18 hours ago · China’s currency slid to a 15-month low of R7.33 to the dollar on Monday, despite the People’s Bank of China (PBoC) holding steady its daily trading band for onshore renminbi.
China’s yuan hits 2-year low, Asian currency pressure rises, as US ...
4 days ago · On the last trading day in 2024, the yuan touched 7.3698 per US dollar and reached its weakest level since October 2022, when the rate surpassed 7.37, according to Chinese financial data provider ...