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Chinese yuan strengthens to 7.0657 against USD Monday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 189 pips to 7.0657 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.
U.S. labeling China as currency manipulator not true: scholar
The U.S. assertion that the recent depreciation of the Chinese yuan against the U.S. dollar amounts to currency manipulation is not true, a U.S. scholar has said.
IMF report proves U.S. claim groundless: experts
The International Monetary Fund's (IMF's) latest report added evidence that the U.S. labeling of China as a "currency manipulator" is groundless, experts said.
Commentary: RMB exchange rate reform progress makes U.S. claim just a farce
Since China launched a market-oriented RMB exchange rate reform four years ago, the reform progress has been recognized by the global community, except for the United States, sadly.
Chinese yuan rises to strongest against USD in over a year
The Chinese currency Tuesday strengthened against the U.S. dollar to its highest level in more than a year on the back of a firming economy and weaker U.S. dollar.
China mulls adding "counter-cyclical factor" to yuan-dollar pricing
Chinese authorities are considering introducing a &amp;quot;counter-cyclical factor&amp;quot; to the pricing mechanism of yuan's central parity rate against the U.S. dollar, according to the China Foreign Exchange Trade System on Friday.
Chinese yuan weakens to 6.8998 against USD Monday
The central parity rate of the Chinese currency, the renminbi or the yuan, weakened on Monday as investors digested the U.S. Federal Reserve's latest decision to raise interest rates.
Commentary: RMB depreciation in recent weeks no reason for concern
The seemingly abrupt fall in the value of the Chinese currency against the U.S. dollar in recent weeks is mostly due to a strengthening dollar and such pressure will remain in the short term.
Chinese yuan strengthens to 6.7303 against USD Tuesday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 76 basis points to 6.7303 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trading System.
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