China’s equities and currency extended losses on Monday after a rocky start to the year, as weak economic data and ...

Therefore, the recent decline in the RMB exchange rate is a result of global currencies coming under pressure from the dollar ...

The USD/CNY exchange rate held steady this week in a low-volume environment because of the New Year celebrations. The ...

The central parity rate of the Chinese currency renminbi or the yuan weakened 8 pips to 71887 against the US dollar Wednesday according to the C ...

Hong Hao, chief economist at GROW Investment Group, said the yuan, or the renminbi, may still face short-term weakening ...

Asian equities were mixed, as India outperformed, Mainland China and Hong Kong underperformed, and Japan closed for New ...

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 ...

In settling trade in renminbi, many companies accept CNY payments from Chinese importers and change that into dollars at the more attractive offshore rate. And borrowing costs are much cheaper in ...

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 ...

The use of the Chinese renminbi (RMB) is said to have been increasing in recent years for trade invoicing, due to active promotion policies by the Chinese government. However, only patchy information ...