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【Financial Str. Release】China to keep yuan exchange rate basically stable: central bank
China will keep the exchange rate of the yuan basically stable at an adaptive and balanced level, a central bank official said Friday.
November22,2024
【Financial Str. Release】Chinese yuan strengthens to 7.1816 against USD Wednesday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 35 pips to 7.1816 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System.
August30,2023
Chinese yuan strengthens to 7.1265 against USD Thursday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 30 pips to 7.1265 against the U.S. dollar Thursday, according to the China Foreign Exchange Trade System.
July27,2023
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 strengthens to 6.4853 against USD Thursday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 62 pips to 6.4853 against the U.S. dollar Thursday, according to the China Foreign Exchange Trade System.
August19,2021
Chinese yuan strengthens to 6.4734 against USD Tuesday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 29 pips to 6.4734 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System.
July27,2021
Chinese yuan strengthens to 6.4651 against USD Thursday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 184 pips to 6.4651 against the U.S. dollar Thursday, according to the China Foreign Exchange Trade System.
July22,2021
Chinese yuan to remain stable: PBOC deputy governor
The exchange rate of the Chinese currency renminbi, or the yuan, is expected to remain stable, with two-way fluctuations becoming normal, said Pan Gongsheng, deputy governor of the People's Bank of China (PBOC) Thursday.
June11,2021
Where will the Chinese currency yuan be heading for?
After China announced to hike the required reserve ratio (RRR) for foreign currency deposits by two percent from June 15, market players broadly interpreted the move as a signal to smash the overheated one-way appreciation expectations on the Chinese currency yuan.
June03,2021
Thai Ministry of Finance, central bank keeping eye on baht gains
The Thai baht has kept surging and the exchange rate is expected to surpass 30 baht/U.S. dollar this year. Thai Prime Minister and Defense Minister Prayut Chan-o-cha said that the government has been engaged in discussions on the issue with the Bank of Thailand (BOT)
January03,2020
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.
August13,2019
Economists expect stable yuan in long run despite recent slip
Economists said the Chinese yuan's recent slip below the 7 mark against the U.S. dollar was overstated, and they remained optimistic that the currency will stabilize in the long run rather than depreciate sharply.
August12,2019
Stable RMB exchange rate is the cornerstone of economic growth
The exchange rate of the RMB against dollar as well as against a basket of currencies has gradually shifted from unilateral appreciation to two-way fluctuation with both depreciation and appreciation, which is very important for the stable development of China's economy under the new normal.
April24,2019
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