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China unveils new measures to streamline foreign exchange business processes
The State Administration of Foreign Exchange (SAFE) released a circular on Sunday, announcing the introduction of six measures aimed at optimizing foreign exchange business processes.
April08,2024
China In Perspective: Forex settlement data showcases upbeat prospect of yuan assets
China's forex market saw a stable performance in February, with a more steady flow of cross-border capital, demonstrating the enduring allure and promising prospect of yuan-denominated assets, according to analysts.
March21,2024
China's forex market transactions total 3.47 tln USD in January
The Chinese foreign exchange market recorded transactions worth a total of 24.67 trillion yuan (3.47 trillion U.S. dollars) in January, according to data released by the State Administration of Foreign Exchange on Monday.
February27,2024
Chinese yuan strengthens to 7.1772 against USD Thursday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 1 pips to 7.1772 against the U.S. dollar Thursday, according to the China Foreign Exchange Trade System.
November09,2023
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
【Financial Str. Release】Chinese yuan strengthens to 7.1732 against USD Wednesday
Chinese yuan strengthens to 7.1732 against USD Wednesday-
September20,2023
Chinese yuan strengthens to 7.1576 against USD Thursday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 12 pips to 7.1576 against the U.S. dollar Thursday, according to the China Foreign Exchange Trade System.
August10,2023
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
【Financial Str. Release】China's outstanding yuan funds for forex rise in December
China's outstanding yuan funds for foreign exchange climbed in December 2022 from the previous month, data from the country's central bank showed Monday.
January17,2023
Chinese yuan strengthens to 6.8912 against USD Friday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 14 pips to 6.8912 against the U.S. dollar Friday, according to the China Foreign Exchange Trade System.
January06,2023
【Financial Str. Release】China banks report drop in forex settlement deficit
China's banks reported a significant drop in their combined foreign exchange (forex) settlement deficit in November, official data showed Thursday.
December16,2022
China's forex market shows growing resilience: official
China's foreign exchange market has posted increasing resilience despite fluctuations in global financial markets, the head of the country's forex regulator said Monday.
November22,2022
Chinese yuan strengthens to 6.6851 against USD Tuesday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 269 pips to 6.6851 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System.
June21,2022
Chinese yuan strengthens to 6.6607 against USD Tuesday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 441 pips to 6.6607 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System.
May31,2022
Chinese banks report net forex purchase in April
Chinese banks saw a net foreign exchange purchase last month, data from the country's forex regulator showed Tuesday.
May18,2022
Chinese yuan strengthens to 6.7854 against USD Tuesday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 17 pips to 6.7854 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System.
May17,2022
【Financial Str. Release】China's outstanding yuan funds for forex drops in April
China's outstanding yuan funds for foreign exchange declined from a month earlier at the end of April, data from the country's central bank showed Monday.
May17,2022
Chinese banks report net forex purchase in March
Chinese banks saw a net foreign exchange purchase last month, data from the country's forex regulator showed Friday.
April24,2022
Chinese yuan strengthens to 6.372 against USD Tuesday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 43 pips to 6.372 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System.
April19,2022
Chinese yuan weakens to 6.3509 against USD Friday
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 27 pips to 6.3509 against the U.S. dollar Friday, according to the China Foreign Exchange Trade System.
April01,2022
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