Latest News for: Chinese renminbi

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Chinese yuan strengthens to 7.1717 against USD Wednesday

Xinhua 27 Sep 2023
27 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 10 pips to 7.1717 against ...
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Market exchange rates in China -- Sept. 27

Xinhua 27 Sep 2023
BEIJING, Sept. 27 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Wednesday by the China Foreign Exchange Trade System.. Currency Unit Central parity rate in yuan. U.S. dollar 100 717.17. Euro 100 762.88. Japanese yen 100 4.8507. Hong Kong dollar 100 91.705 ... ■ ... .
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Chinese yuan flat at 7.1727 against USD Tuesday

Xinhua 26 Sep 2023
26 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, stayed flat at 7.1727 against the ...
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Market exchange rates in China -- Sept. 26

Xinhua 26 Sep 2023
BEIJING, Sept. 26 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Tuesday by the China Foreign Exchange Trade System.. Currency Unit Central parity rate in yuan. U.S. dollar 100 717.27. Euro 100 762.81. Japanese yen 100 4.856. Hong Kong dollar 100 91.767 ... ■ ... 26. .
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China storm to first ever Asian Games esports gold

Reuters 26 Sep 2023
HANGZHOU, China Sept 26 (Reuters) - China won the first gold esports medal in Asian Games history in the Eastern Chinese city of Hangzhou on Tuesday by beating Malaysia in the smartphone multiplayer battle game “Arena of Valor”, to delight fans in the world’s biggest esports market ... ($1 = 7.3084 Chinese yuan renminbi).
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China's Alibaba kicks off restructuring with plan to list logistics arm in Hong Kong

Reuters 26 Sep 2023
SHANGHAI/HONG KONG, Sept 26 (Reuters) - Alibaba Group (9988.HK) on Tuesday kicked off its restructuring with a plan to list its logistics arm Cainiao in Hong Kong that would make the unit the first to be separated since the Chinese e-commerce giant announced its break-up six months ago ... ($1 = 7.3085 Chinese yuan renminbi).
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Chinese yuan strengthens to 7.1727 against USD Monday

Xinhua 25 Sep 2023
25 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 2 pips to 7.1727 ...
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China state asset manager plans $14 billion emerging industry fund, China Business News reports

Reuters 25 Sep 2023
SHANGHAI, Sept 24 (Reuters) - China Reform Holdings Corp, a Chinese manager of state assets, plans to raise at least 100 billion yuan ($13.70 billion) for a fund that will invest in emerging industries, the China Business News reported on Sunday ... ($1 = 7.2980 Chinese yuan renminbi) ... Our Standards ... Read Next ... ....
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China Evergrande: unable to meet qualifications for issuance of new notes

Reuters 25 Sep 2023
The Evergrande unit was being probed by the Chinese securities regulator for suspected violation of information disclosure ... in which multiple Chinese developers have defaulted over the past year, forcing many to enter debt restructuring talks ... ($1 = 7.2980 Chinese yuan renminbi).
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Market exchange rates in China -- Sept. 25

China.dot.org 25 Sep 2023
BEIJING, Sept. 25 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Monday by the China Foreign Exchange Trade System.. Currency Unit Central parity rate in yuan. U.S. dollar 100 717.27. Euro 100 767.76. Japanese yen 100 4.8729. Hong Kong dollar 100 91.755.
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China state asset manager plans $14 bln emerging industry fund -report

Reuters 24 Sep 2023
SHANGHAI, Sept 24 (Reuters) - China Reform Holdings Corp, a Chinese manager of state assets, plans to raise at least 100 billion yuan ($13.70 billion) for a fund that will invest in emerging industries, the China Business News reported on Sunday ... ($1 = 7.2980 Chinese yuan renminbi) ... Our Standards ... Acquire Licensing Rights ... ....
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Experts: China prudent about rate cuts

China.dot.org 22 Sep 2023
A worker counts Chinese currency renminbi at a bank in Linyi, east China's Shandong province ... The onshore renminbi weakened to 7.3097 against the dollar on Thursday, the lowest level since Sept 11, according to market tracker Wind Info ... economy while stabilizing the renminbi.
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Chinese yuan strengthens to 7.1729 against USD Friday

China.dot.org 22 Sep 2023
22 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 1 pips to ...
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Market exchange rates in China -- Sept. 22

China.dot.org 22 Sep 2023
BEIJING, Sept. 22 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trade System.. Currency Unit Central parity rate in yuan. U.S. dollar 100 717.29. Euro 100 768.81. Japanese yen 100 4.8935. Hong Kong dollar 100 91.753.
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Currency diversification

China Daily 21 Sep 2023
In the economic domain, the strategy of dual circulation should be continuously executed to advance the internationalization of the renminbi ... At the same time, China needs to consolidate its role as a key importer and competitive exporter in international trade to increase the share of trade settled in the renminbi.

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