The central parity rate of the Chinese currency renminbi, or the yuan, weakened 10 pips to 7.1738 against the U.S.

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 ...

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 Chinese renminbi has bounced back in the past few weeks as the market ignored the ongoing trade tensions between the US ...

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 central parity rate of the Chinese currency renminbi, or the yuan, weakened 32 pips to 7.1728 against the U.S.

Beijing has raised its budget deficit target to "around 4 percent" of GDP from last year's 3 percent, the highest increase ...

The Secretary for Financial Services and the Treasury, Christopher Hui, says the administration is working to make renminbi trading more convenient in the SAR. In last year’s Policy Address ...

The yen and pound account for 5.5% and 4.9%, respectively, while the balance is spread across the renminbi and Canadian and Australian dollars, each with shares of 2-3%. In the early 2000s ...

Hello Group Inc. (NASDAQ: MOMO) ('Hello Group' or the 'Company'), a leading player in mainland China's online social networking space, today announced its unaudited financial results for the fourth ...