Chinese markets closed down on Wednesday after Donald Trump said he could impose a 10% tariff against China from next month © ...
The renminbi traded at 7.3000 on Tuesday morning, its lowest level since November 2023. It has dropped in the last 13 consecutive weeks and is slowly approaching its lowest level on record.
China’s ambition to further internationalize the use of the renminbi has continued to make progress as the number of ...
But among the currencies of the six largest economies in the world, China’s renminbi is the only one that is not traded easily and accepted worldwide—that is, it is not a hard currency. China’s ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China is to launch its largest sale of offshore bills in a move to support the renminbi, as Wall Street ...
Campanella, Edoardo, and Meg Rithmire. "What Future for the Renminbi in the Global Monetary System?" Chap. 7 in U.S.-China Relations for the 2030s: Toward a Realistic Scenario for Coexistence, edited ...
The central parity rate of the Chinese currency renminbi or the yuan strengthened 7 pips to 71698 against the US dollar Monday according to the ...
Market participants optimistic that new provisions for offshore repos of onshore bonds is first step towards mainland access ...
The system automatically converts Renminbi payments to Hong Kong dollars. WeChat Pay HK has expanded its cross-border payment ...
CHINA announced more tools to support its weak currency on Monday (Jan 13), unveiling plans to park more US dollars in Hong ...
The latest price of silver per ounce, gram, and kilogram using real-time interactive silver price charts. View the price of silver for different currencies around the world and various time periods.