USD/CNY slips below 7.1 as trade tensions ease and Fed policy shifts. Easing trade tensions on Chinese imports could send the ...
China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...
Most Asian currencies traded in tight ranges on Friday, showing limited gains despite a weaker U.S. dollar, as market ...
USD/CNY hit two-week high on Tuesday as yuan was pressured by broad greenback strength in global markets as traders reduced ...
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 36 pips to 7.0865 against the U.S. dollar Thursday, according to the China Foreign Exchange Trade System.
The International Air Transport Association is adding the yuan to the basket of currencies available for payments through its ...
The yuan's growing use is chipping away at second-tier currencies, such as the pound, ING said. China's share of global payment transactions on the SWIFT system grew to 3% in July. But that hasn't ...
China’s economic data exceeded expectations on several fronts, bringing a refreshing boost in market sentiment. Consequently, the offshore yuan appreciated by over 0.3% against the dollar. However, ...
SHANGHAI, Nov 20 (Reuters) - China's yuan leapt to a more than three-month high against the dollar on Monday, as the central bank guided the unit higher and exporters rushed to convert their dollar ...
China's yuan-denominated exports to Russia dropped in October at the steepest rate in eight months, government data showed on ...
Ethiopia and Kenya may become Africa’s first countries to repay Chinese loans in Beijing’s currency. It’s the latest in a ...
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