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The yuan declined by 0.4% to 7.3079 against the dollar, dropping as far as 7.3125 per dollar in offshore trading....
Read moreBeijing — The Chinese yuan faced a decline of 0.3%, pushing the USD/CNY exchange rate to 7.2550, as the yuan...
Read moreOn August 9, the spot exchange rate of the onshore RMB against the US dollar stopped the rapid decline in...
Read moreAccording to CITIC Fixed Income Analysis, since the beginning of this year, as the Fed’s interest rate hike has gradually...
Read moreUSD/CNY climbed 0.5% to 7.1482 after data showed that the country’s manufacturing sector shrank for a fourth straight month in...
Read moreChina's major state-owned banks were seen selling U.S. dollars to buy yuan in both onshore and offshore spot markets in...
Read moreChina's yuan strengthened after the country's top leaders pledged to step up policy support for the flailing economy, while the...
Read moreThe Chinese yuan fell 0.1%, taking little support from a strong midpoint fixing by the People’s Bank of China. Markets...
Read moreOn today (July 20) morning, the People's Bank of China issued an official message stating that in order to further...
Read moreThe dollar held mostly steady against the euro and the yen on Thursday, but dropped against the Australian dollar after...
Read moreThe Chinese yuan was among the worst-performing Asian currencies on Wednesday, down 0.4% and once again crossing the 7.2 mark...
Read moreLian Ping, Chief Economist and Director of the Research Institute of Zhixin Investment, said today that the exchange rate of...
Read moreIn recent days, the exchange rate of RMB has fluctuated greatly. The exchange rate of offshore RMB against the US...
Read moreThe central parity rate of the RMB exchange rate in the interbank foreign exchange market announced by the China Foreign...
Read moreAccording to a research report released by China Merchants Securities, the RMB exchange rate is already at the end of...
Read moreAccording to China's "Financial Times", industry experts believe that factors such as changes in interest rate differentials brought about by...
Read moreCai Tongjuan, a researcher at Renmin University of China, pointed out that the current round of RMB exchange rate fluctuations...
Read moreUSD/RMB reported at 7.2208, up 107 points (RMB depreciation); EUR/RMB reported at 7.9167, up 168 points; HKD/RMB was at 0.92183, up...
Read moreOn Friday (December 2) in the Asian session, the USD/RMB rose slightly and was currently trading around 7.0578. As of...
Read moreOn December 2, Zhao Qingming, vice president of the China Foreign Exchange Investment Research Institute, said that under the expectation...
Read moreIndia's currency landscape has witnessed significant transformations over the past decades, most notably through demonetization initiatives that have profoundly impacted...
Currency notes play a pivotal role in every economy, serving as a medium of exchange, a store of value, and...
Currency conversion is a common activity in foreign exchange (Forex) trading, especially when dealing with two widely traded currencies like...
In today’s globalized world, currency exchange plays an essential role in facilitating trade, investment, and travel. The exchange rate between...
India, with its vibrant economy and diverse population, is a major player in the global financial landscape. Whether you're visiting...
The Indian Rupee (INR) is the official currency of India, and it plays a significant role in the global financial...
Foreign exchange (Forex or FX) trading involves the buying and selling of different currencies in a highly liquid market that...
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