BEIJING, Dec. 11 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 67 pips to 7.0686 against the U.S. dollar Thursday, according to the China Foreign ...
The macroeconomic policy reforms and fiscal restructuring, supported by an International Monetary Fund (IMF) extended credit facility and technical assistance by the World Bank are gradually ...
China’s surging high-tech competitiveness, weak appetite for imports and undervalued renminbi have fuelled the huge surplus – ...
For policymakers and investors, the message is stark. The question is no longer whether the rupee, rouble, renminbi, real and ...
BEIJING, Dec. 9 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 9 pips to 7.0773 against the U.S. dollar Tuesday, according to the China Foreign Exchange ...
China’s currency, the renminbi, is undervalued. Everyday evidence abounds: residents of Hong Kong, whose currency is tightly ...
Russia has sold its first bonds denominated in Chinese renminbi, raising almost $3bn as it seeks to fund its invasion of ...
The US dollar still dominates trade for now. But new research suggests Australia’s banks are unprepared for a world where China’s currency plays a much larger role.
Converting Chinese loans from dollars into yuan may seem cheaper in the short term, but in the long-term it increases dependency on the Big Dragon, warns Rishan Sen.
Experts expect the renminbi's central parity rate against the dollar to remain relatively strong in the short term. They said the RMB is likely to remain generally stable, continuing its pattern of ...