The Chinese renminbi has bounced back in the past few weeks as the market ignored the ongoing trade tensions between the US and China. The USD/CNY exchange rate has plunged to a low of 7.2335, its ...
USD/CNY hit two week high on Monday as investor concerns grew over U.S.-China trade disputes, with Trumps reciprocal tariffs ...
BEIJING, March 28 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 11 pips to 7.1752 against the U.S. dollar Friday, according to the China Foreign ...
USD/CNY edged higher on Wednesday as investors looked ahead to the Federal Reserves policy decision due later in the session ...
China’s yuan fell to a two-week low against the US dollar on Tuesday, as the central bank’s support efforts were overshadowed by the dollar’s strength and tariff concerns ahead of President Donald ...
BEIJING, March 20 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 57 pips to 7.1754 against the U.S. dollar Thursday, according to the China Foreign ...
“We expect USD/CNY to stay largely range-bound over the next three months, with the key swing factor leaning towards the broad USD and fresh tariff news,” Goldman Sachs said in a report.
SHANGHAI: China’s yuan fell to a 10-month low against a buoyant US dollar before paring some losses yesterday, as state banks stepped in to offer support to prevent the local currency from ...
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