China has entered into more than 30 bilateral currency swap agreements since December 2008. As of May 15, 2015, the total value of effective currency swap agreements was RMB 2.9 trillion (US$ 468 ...

Geopolitical tensions and tariffs will likely push China to devalue its currency, making USD:CNY a profitable trade. Read ...

China has kept the renminbi’s exchange rate with the dollar steady in its first official currency fix since US President Donald Trump hit the country with tariffs. The People’s Bank of China on ...

BEIJING, Feb. 13 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 9 pips to 7.1719 against the U.S. dollar Thursday, according to the China Foreign Exchange ...

BEIJING, Feb. 5 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 5 pips to 7.1693 against the U.S. dollar Wednesday, according to the China Foreign ...

BEIJING, Feb. 10 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 8 pips to 7.1707 against the U.S. dollar Monday, according to the China Foreign Exchange ...

AFP found no official reports about Changchun issuing its own currency, as of February 10. China's currency is the yuan, officially known as the renminbi, which is issued by China's central bank ...