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 ...
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 ...
The central parity rate of the Chinese currency renminbi or the yuan strengthened 5 pips to 71693 against the US dollar Wednesday according to t ...
BEIJING, Feb. 7 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 8 pips to 7.1699 against the U.S. dollar Friday, according to the China Foreign Exchange ...
CHINA announced more tools to support its weak currency on Monday (Jan 13), unveiling plans to park more US dollars in Hong Kong to bolster the renminbi and to improve capital flows by allowing ...
BEIJING -- Chinese financial authorities have unveiled a plan to detail measures for encouraging medium- and long-term funds ...
"If the renminbi becomes a very unstable currency ... Macro's China strategist Yan Wang sees the 7.7 level in dollar/yuan as the upper limit for the PBOC, implying about a further 5% decline.
"If the renminbi becomes a very unstable currency ... Macro's China strategist Yan Wang sees the 7.7 level in dollar/yuan as the upper limit for the PBOC, implying about a further 5% decline.
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