Latest News for: Chinese renminbi

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Chinese currency moves closer to fuller usage, internationalization

ECNS 29 May 2024
The report, released by the International Monetary Institute at Renmin University of China on Monday, surveyed 1,657 Chinese and foreign companies and found that more than 70 percent of polled respondents have used the renminbi in trade settlements.
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Chinese yuan weakens to 7.1106 against USD Wednesday

China.dot.org 29 May 2024
BEIJING, May 29 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 5 ...
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Market exchange rates in China -- May 29

Bahrain News 29 May 2024
BEIJING, May 29 (Xinhua) -- The following are the central parity rates of the ...
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Int'l status of RMB continuously enhanced: Report

China.dot.org 29 May 2024
File photo shows a worker counts Chinese currency renminbi at a bank in Lianyungang, east China's Jiangsu Province. [Photo/Xinhua] ... "Five Chinese banks are listed among the 29 global systemically important banks.
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Milestone of CCB shows growing role of RMB

China Daily 29 May 2024
The wide gaps in interest rates between China and the United States can facilitate the development of the offshore renminbi market, which, in turn, could help further internationalize the Chinese currency, said experts.
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Chinese yuan weakens to 7.1101 against USD Tuesday

Xinhua 28 May 2024
BEIJING, May 28 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 10 pips to ...
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Market exchange rates in China -- May 28

Bahrain News 28 May 2024
BEIJING, May 28 (Xinhua) -- The following are the central parity rates of the ...
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Chinese Yuan weakens against US dollar on Tuesday

MENA FN 28 May 2024
(MENAFN) On Tuesday, the central parity rate of the Chinese currency renminbi, commonly known as the yuan, exhibited a slight weakening, declining by 10 pips to 7.1101 against the U.S. dollar, as ... .
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Chinese yuan strengthens to 7.1091 against USD Monday

Xinhua 27 May 2024
BEIJING, May 27 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 11 pips to ...
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Market exchange rates in China -- May 27

Bahrain News 27 May 2024
BEIJING, May 27 (Xinhua) -- The following are the central parity rates of the ...
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China’s yuan shows slight strengthening against US dollar on Monday

MENA FN 27 May 2024
(MENAFN) On Monday, the central parity rate of the Chinese currency, the renminbi (RMB), also known as the yuan, showed a slight strengthening, increasing by 11 pips to reach 7.1091 against the U.S ... .
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The Start Of De-Dollarization: China's Move Away From The USD

Oil Price 26 May 2024
... the Chinese renminbi (RMB) is growing in popularity in payments both domestically and globally.
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Putin, Xi and future world order

The Monroe News 26 May 2024
Large Chinese purchases of Russian crude oil is a source of Russian funding for the Ukraine war and a way of avoiding U.S ... 1 trading partner, using the Russian ruble and the Chinese renminbi.
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Chinese yuan weakens to 7.1102 against USD Friday

Xinhua 24 May 2024
BEIJING, May 24 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 4 pips to ...
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Market exchange rates in China -- May 24

Bahrain News 24 May 2024
BEIJING, May 24 (Xinhua) -- The following are the central parity rates of the ...

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