The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.
Click on the button below to create your account and get immediate access to thousands of articles.
Chinese yuan strengthens to 7.1894 against USD Wednesday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 92 pips to 7.1894 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System.
September13,2023
Chinese yuan strengthens to 6.3658 against USD Wednesday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 26 pips to 6.3658 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System.
January12,2022
Chinese yuan strengthens to 6.4563 against USD Monday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 61 pips to 6.4563 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.
February22,2021
Chinese yuan weakens to 6.4819 against USD Monday
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 202 pips to 6.4819 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.
January25,2021
Experts expect Chinese yuan to keep steady upward trend in H2
The central parity rate of the Chinese currency renminbi, or the yuan, has been fluctuating around 7 in the last week. Experts generally believe that the exchange rate of the yuan will remain stable and rise steadily in the second half of the year.
July31,2020
Renminbi takes strides with stronger global presence
China's renminbi, or the yuan, registered further internationalization and broader use abroad in 2019, with its role in facilitating global trade enhanced, according to the Bank of China (BOC).
April13,2020
Chinese yuan likely to strengthen: economists
The Chinese currency renminbi, or the yuan, is likely to strengthen, attracting capital into the country, economists predicted.
October17,2019
Chinese yuan to firm against U.S. dollar on dovish Fed, expected trade deal: UBS
The Chinese yuan (CNY) would appreciate against the U.S. dollar (USD) in the following 12 months due to a more dovish U.S. Federal Reserve and anticipated trade deal between the United States and China.
March25,2019
China to support offshore RMB market development in ASEAN region
China will support countries in the Association of Southeast Asian Nations (ASEAN) to set up offshore renminbi markets as part of a string of measures to facilitate cross-border financial innovation.
January14,2019
Yuan value rises, with its flexible rate set to continue
China's renminbi hit its highest level in nearly three weeks against the US dollar on Wednesday, mainly driven by market forces, according to analysts. They said they expected no change in its flexible floating.
August23,2018
China's ICBC starts renminbi clearing services in Russia
Industrial and Commercial Bank of China (ICBC) officially started operating as a Chinese renminbi (CNY) clearing bank in Russia Wednesday, a move set to facilitate the use of the currency and cooperation in various fields between the two countries.
March23,2017
If you have any questions, please enter them in the box below.
Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.
Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.
