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The USD/CNY exchange rate retreated from the year-to-date high of 7.3500 on April 10 to a low of 7.20 as traders focused on ...
Argentina's central bank reportedly drew upon its swap line with China to combat a shortage of USD funding in 2014 ... pose new challenges for managing RMB exchange rates. In a scenario where ...
China Foreign Exchange Trade System (CFETS) announced on Tuesday (27th) that the central parity of USD/ RMB sank 43 bps from ...
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 13 pips to 7.1907 against the U.S. dollar ...
China will re-lend USD 3.7 billion to Pakistan in RMB by June, decoupling from the US dollar. The refinancing supports ...
CNY/ CNH Set Over-6-mth Highs; G Sachs Says 1% Appreciation of USD/ RMB Can Boost CN Stock Mkt by 3%
The exchange rate of RMB against the USD in both onshore and offshore markets exceeded the 7.17 mark this morning (26th), ...
Among the investment banks that updated their forecast for Asian currencies, Goldman Sachs is the most optimistic about the Chinese yuan. It predicted that the US dollar to Chinese yuan exchange rate ...
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