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BEIJING, Jan. 23 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 12 pips to 7.1708 against the U.S. dollar Thursday, according to the China Foreign ...

BEIJING, Jan. 21 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 183 pips to 7.1703 against the U.S. dollar Tuesday, according to the China Foreign ...

Higher US tariffs under President Donald Trump could accelerate a slump in the value of China's currency, complicating recent ...

The yuan now claims more than 42% of total currency exchanges in Russia, overtaking the US dollar, which has fallen to a 39.5% share.The actual trading volume of the yuan has skyrocketed to an ...

On Thursday, the People's Bank of China set the midpoint rate - also known as the fixing rate - at 7.1854 per US dollar, up from 7.1843 a day earlier. The yuan had received huge pressure after ...

With the offshore yuan having plunged to its lowest level in more than two years against the US dollar as Donald Trump’s return to the White House nears, analysts forecast prolonged pressure on ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

China’s policymakers should consider anchoring the yuan exchange rate to a basket of non-US dollar currencies to create more flexibility for domestic monetary policies aimed at boosting demand ...