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Chinese yuan strengthens in July
China's yuan strengthened against a basket of currencies in July, according to the China Foreign Exchange Trade System (CFETS).
August14,2023
Chinese yuan strengthens to 6.7010 against USD Monday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 322 pips to 6.7010 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.
October19,2020
China's new yuan loans on the rise
China's new yuan-denominated loans expanded to 12.09 trillion yuan (about 1.73 trillion US dollars) in the first half of 2020, up 2.42 trillion yuan year on year, data showed on Friday.
July13,2020
China plays pivotal role in structural change of forex market: UBS
China is playing a pivotal role in structural change of foreign exchange market thanks to its rising economic power and a leading role in technological innovation, said a report recently issued by international investment bank UBS.
November25,2019
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