In response to the rising influence of U.S. dollar-pegged cryptocurrencies, a Chinese Communist Party-backed publication ...

The Renminbi, China’s legal currency, is issued and controlled solely by the People’s Bank of China. The exchange rates of the Renminbi are decided by the People’s Bank of China and issued ...

SHANGHAI] China held benchmark lending rates steady for the fifth straight month in March on Thursday (Mar 20), matching ...

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 ...

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 ...

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 6 pips to 7.176 against the U.S. dollar ...

Trump’s threat of tariffs and China’s weak economy has led Wall Street to increase its bets against the renminbi. However, this is to be supported by China’s largest sale of offshore bills.

Outstanding renminbi loans in the Hong Kong market reached 724 billion yuan ($99.32 billion) by the end of 2024, marking a 64 percent surge from 2023, the Hong Kong Monetary Authority said ...

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.

Shares of Market Vectors Chinese Renminbi/USD ETN (NYSEARCA:CNY – Get Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $44. ...

Return of USD strength in the near term is likely to be the dominant factor impacting IDR in the near term. Although Indonesia is relatively less exposed to US tariff risk, escalation of tariff talks ...