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China Financial Times: A Rational View of Exchange Rate Fluctuations The Stability of the RMB Exchange Rate is Backed by Solid Fundamentals
According to an article in the China Financial Times in charge of the central bank, industry experts believe that factors...
Read moreZhang Yi: This year’s “Bond Connect” has an Average Daily Transaction of 38.9 Billion Yuan, and More Than 800 Overseas Institutions
Zhang Yi, President of China Foreign Exchange Trade System and Chairman of Bond Connect Co., Ltd., said at the "Bond...
Read moreCentral Bank of Argentina Approves the Opening of RMB Bank Accounts in China
On June 29, local time, the Central Bank of Argentina issued an announcement stating that the renminbi will be included...
Read moreSWIFT: In May, CNY remained the fifth most active currency in the world
According to data released by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) on June 25, in May 2023, in...
Read moreNext Monday, PBOC will issue tenders for the sixth batch of central bank bills
The People's Bank of China: On June 26, 2023 (Monday), the People's Bank of China will invite tenders for the...
Read moreChina’s central bank cuts SLF rate
After the 7-day reverse repurchase rate was cut by 10 basis points, the People's Bank of China lowered the SLF...
Read moreChina’s central bank cuts short-term policy rate by 10 basis points
For the first time in nearly 10 months, China's central bank cut its short-term policy rate by 10 basis points.
Read morePBOC: The fifth phase of CBS operation will be carried out
The People's Bank of China: In order to improve the market liquidity of bank perpetual bonds and support banks to...
Read morePBOC: 5 billion yuan 7-day reverse repurchase operation today
The People's Bank of China: Today, a 5 billion yuan 7-day reverse repurchase operation will be conducted, and the winning...
Read morePBOC: Governor met with Luxembourg Finance Minister on the 24th
Central Bank of China: On May 24, 2023, Yi Gang, Governor of the People's Bank of China, met with visiting...
Read moreSwift: The Chinese yuan remained the fifth most active currency in the world in April
The Society for Worldwide Interbank Financial Telecommunication (Swift) released its RMB monthly report and data statistics on May 18, showing...
Read moreIn July, the total turnover of China’s foreign exchange market was 21.39 trillion yuan
According to data released by the State Administration of Foreign Exchange of China on August 26, in July 2022, the...
Read moreThe yuan rebounded strongly against the dollar
On Friday (December 2) in the Asian session, the USD/RMB rose slightly and was currently trading around 7.0578. As of...
Read moreYi Gang, Governor of the People’s Bank of China: Prudent monetary policy has stepped up implementation in a timely manner
On December 2, Yi Gang, Governor of the People's Bank of China, delivered a speech at the "Central Bank under...
Read moreThe central parity rate of RMB in the inter-bank foreign exchange market on November 14, 2022
The central parity rate of RMB in the inter-bank foreign exchange market on November 14, 2022 USD/RMB was reported at...
Read moreRMB/AUD exchange rate query today (November 9, 2022)
Mydayfinance.com offers RMB to AUD exchange rate (November 9, 2022) RMB / AUD exchange rate (November 9, 2022) category Latest...
Read moreThe central parity rate of RMB exchange rate in the inter-bank foreign exchange market on October 27, 2022
USD/RMB was at 7.1570, down 68 points (RMB appreciation); EUR/CNY was at 7.2157, up 543 points; HKD/RMB was at 0.91176,...
Read moreOn October 21, the central parity rate of the RMB against the US dollar was raised by 2 basis points
The People's Bank of China authorized the China Foreign Exchange Trade System to announce that the central parity rate of...
Read moreRecent Posts
Current USD Exchange Rate: $110 USD in Australian Dollars
Foreign exchange (Forex) trading plays a critical role in the global financial market, impacting international trade, investment, and even tourism....
Current NZD Exchange Rate: $100 NZD in Australian Dollars
The foreign exchange (forex) market is one of the most dynamic and liquid financial markets in the world, with trillions...
Current USD Exchange Rate: $15 USD in AUD
Foreign exchange (forex) trading is an essential part of the global financial system, facilitating the conversion of currencies for international...
Current USD Exchange Rate: $22 USD in AUD
Foreign exchange (forex) trading is an essential part of the global financial system, influencing everything from international trade to travel...
Can the Indian Rupee Be Used in Sri Lanka?
The Indian Rupee (INR) has long been a significant currency in South Asia due to India’s economic influence in the...
Can the Indian Rupee Be Used in Nepal?
The economic and financial relationship between India and Nepal is unique, shaped by historical, cultural, and geopolitical factors. Given Nepal’s...
Can Indian Rupee Be Used in Dubai?
The Indian Rupee (INR) and the United Arab Emirates Dirham (AED) are two significant currencies in international trade and foreign...
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