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Rising Sino-African trade drives demand for Chinese yuan: experts
Rising Sino-African trade and infrastructure cooperation is fueling demand for the Chinese yuan in Africa, experts said Thursday in Nairobi, the capital of Kenya.
September27,2024
Chinese yuan strengthens last week
The Chinese yuan strengthened against a basket of currencies last week, according to the China Foreign Exchange Trade System (CFETS).
April02,2024
Chinese yuan strengthens to 7.1055 against USD Tuesday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 42 pips to 7.1055 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System.
January30,2024
Chinese yuan weakens in October
Chinese yuan weakened against a basket of currencies in October, according to the China Foreign Exchange Trade System (CFETS).
November13,2023
Chinese yuan strengthens to 7.1730 against USD Thursday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 2 pips to 7.1730 against the U.S. dollar Thursday, according to the China Foreign Exchange Trade System.
September21,2023
Chinese yuan strengthens in August
Chinese yuan strengthened against a basket of currencies in August, according to the China Foreign Exchange Trade System (CFETS).
September07,2023
Chinese yuan strengthens last week
The Chinese yuan strengthened against a basket of currencies last week, according to the China Foreign Exchange Trade System (CFETS).
August15,2023
Chinese yuan strengthens last week
The Chinese yuan strengthened against a basket of currencies last week, according to the China Foreign Exchange Trade System (CFETS).
August08,2023
Chinese yuan leads Russian foreign trade currency settlements
Over half of Russia's foreign trade currency settlements are conducted in Chinese yuan, Natalia Voevodina, president of Rosbank, said at the St. Petersburg International Economic Forum on Thursday.
June16,2023
Chinese yuan weakens to 6.9255 against USD Tuesday
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 97 pips to 6.9255 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System.
May09,2023
Chinese yuan slightly weakens in March
China's yuan slightly weakened against a basket of currencies last month, according to the China Foreign Exchange Trade System (CFETS).
April03,2023
Chinese yuan firms to reveal upbeat economic prospects
The Chinese yuan has strengthened against the U.S. dollar since the beginning of 2023 as China's optimized COVID response helped sharpen investors' favor of yuan assets.
January11,2023
Chinese yuan strengthens to 6.9746 against USD Tuesday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 638 pips to 6.9746 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System.
December06,2022
Chinese yuan strengthens to 7.1088 against USD Friday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 13 pips to 7.1088 against the U.S. dollar Friday, according to the China Foreign Exchange Trade System.
October14,2022
Chinese yuan weakens to 7.0722 against USD Tuesday
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 424 pips to 7.0722 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System.
September27,2022
Chinese yuan weakens to 6.9468 against USD Tuesday
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 72 pips to 6.9468 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System.
September20,2022
Chinese yuan weakens to 6.9096 against USD Tuesday
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 98 pips to 6.9096 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System.
September06,2022
Chinese yuan weakens to 6.8802 against USD Tuesday
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 104 pips to 6.8802 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System.
August30,2022
Chinese yuan weakens to 6.8065 against USD Friday
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 263 pips to 6.8065 against the U.S. dollar Friday, according to the China Foreign Exchange Trade System.
August19,2022
Chinese yuan weakens to 6.7730 against USD Tuesday
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 320 pips to 6.7730 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System.
August16,2022
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