BEIJING, Jan. 9 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 69 pips to 7.0128 against the U.S. dollar Friday, according to the China Foreign ...
BEIJING, Jan. 8 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 10 pips to 7.0197 against the U.S. dollar Thursday, according to the China Foreign Exchange ...
The Chinese yuan is rising against the US dollar, prompting the nation’s central bank to purchase USD. The yuan rose 0.2% ...
On Thursday, the offshore renminbi strengthened past the 7.0 level against the dollar for the first time since September 2024 ...
A stronger currency makes imports cheaper, and aids China authorities’ long-term goal of internationalising the currency Read ...
The recent strengthening of the renminbi against the US dollar reflects the resilience of China's economic fundamentals and ...