Latest News for: Chinese renminbi

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PBOC seeks views on WMP pilot

China Daily 08 May 2021
The connect program, if implemented, will mark a further step toward convertibility of the renminbi, the Chinese currency, under the capital account ... Cross-boundary remittances will be renminbi-denominated, with currency conversion conducted in offshore markets.
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US dollar share of global foreign exchange reserves drops

Beijing News 08 May 2021
Washington DC , May 8 (ANI) ... Meanwhile, the share of the euro has fluctuated around 20 per cent while the share of other currencies including Australian dollar, Canadian dollar and Chinese renminbi climbed to 9 per cent in the fourth quarter ... A few countries like Russia have already announced their intention to do so ... (ANI) ....
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The charts that matter: Amazon hits a bump in the road

Moneyweek 08 May 2021
Welcome back. This week’s magazine focuses on Big Tech ... Listen to what she has to say here ... Watch that here ... Big Tech on steroids ... (Gold. three months) ... The Chinese yuan (or renminbi) seemed to be treading water against the US dollar (when the red line is rising, the dollar is strengthening while the yuan is weakening). (Chinese yuan to the US dollar.
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US dollar share of global foreign exchange reserves drops to 25-year low: IMF

Live Mint 08 May 2021
MORE FROM THIS SECTIONSee All. Premium Premium Covid 2.0 restrictions to impact energy demand growth recovery. Ind-Ra. 1 min read ... Meanwhile, the share of the euro has fluctuated around 20 per cent while the share of other currencies including Australian dollar, Canadian dollar and Chinese renminbi climbed to 9 per cent in the fourth quarter ... Minister.
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TechnologyTencent-backed Waterdrop says to prioritise user growth over profit in short term

Reuters 07 May 2021
Waterdrop, which is backed by Chinese gaming giant Tencent (0700.HK) and will list in New York on Friday, has no plan to revive its once popular mutual aid service, founder and CEO Shen Peng said in an interview ... Last month, Chinese financial ... ($1 = 6.4596 Chinese yuan renminbi).
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Chinese yuan strengthens to 6.4678 against USD Friday

Sina 07 May 2021
BEIJING, May 7 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened ...
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Foreign exchange rate of Euro to other currencies

China.dot.org 07 May 2021
One euro to.. U.S. dollar 1.2059. Japanese yen 131.76 ... Chinese yuan renminbi 7.7809 ... Enditem .
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Market exchange rates in China -- May 7

Sina 07 May 2021
BEIJING, May 7 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced Friday by the China Foreign Exchange Trade System.. Currency Unit Central parity rate in yuan. U.S. dollar 100 646.78. Euro 100 780.03. Japanese yen 100 5.9288. Hong Kong dollar 100 83.252 ... Enditem. .
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We may be turning the corner

China Daily 07 May 2021
It should enrich its green financial products, strengthen the city's role in the development of the national digital currency, and augment its offshore financial products denominated in the renminbi to boost investment and trade with countries using the Chinese currency for trade settlement.
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U.S. dollar share of global central bank reserves drops to 25-year low: IMF

People Daily 06 May 2021
The share of U.S ... Meanwhile, the share of other currencies including the Australian dollar, Canadian dollar and Chinese renminbi climbed to 9 percent in the same period ... The share of U.S ... Meanwhile, the share of other currencies including the Australian dollar, Canadian dollar and Chinese renminbi climbed to 9 percent in the fourth quarter of 2020 ... .
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Chinese yuan weakens to 6.4895 against USD Thursday

China.dot.org 06 May 2021
BEIJING, May 6 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened ...
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Market exchange rates in China -- May 6

China.dot.org 06 May 2021
BEIJING, May 6 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced Thursday by the China Foreign Exchange Trade System.. Currency Unit Central parity rate in yuan. U.S. dollar 100 648.95. Euro 100 779.05. Japanese yen 100 5.9414. Hong Kong dollar 100 83.525 ... Enditem .
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US dollar’s share of global central bank currency reserves drops to 25-year low

The National 06 May 2021
The share of other currencies, including the Australian dollar, Canadian dollar and Chinese renminbi, climbed to 9 per cent in the fourth quarter, IMF economists Serkan Arslanalp and Chima Simpson-Bell said in a blog post on Wednesday ... IMF blog post ... Central banks also use gold reserves as a store of value in times of volatility ... Read More ... .
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Quaker Houghton Announces First Quarter 2021 Results

Courier Express 06 May 2021
CONSHOHOCKEN, Pa., May 6, 2021 /PRNewswire/ -- Quaker Houghton ("the Company") (NYSE. KWR), a global leader in industrial process fluids, today announced its first quarter of 2021 results ... 2021. 2020 ... 38.6 ... The positive net impact from foreign currency translation was primarily due to the strengthening of the euro and Chinese renminbi against the U.S ... —.
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EU should aim for multi-polar currency system as China rises: bailout fund’s Regling

Metro USA 05 May 2021
BRUSSELS (Reuters) – The European Union should seek a stronger international role for its euro to avoid being squeezed out of the top world currencies by the rising importance of the Chinese renminbi, the head of the euro zone bailout fund Klaus Regling said.
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