Latest News for: Chinese renminbi

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Chinese yuan strengthens to 6.9606 against USD Thursday

Xinhua 08 Dec 2022
8 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 369 pips to 6.9606 ...
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Market exchange rates in China -- Dec. 8

China.dot.org 08 Dec 2022
BEIJING, Dec. 8 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Thursday by the China Foreign Exchange Trade System.. Currency Unit Central parity rate in yuan. U.S. dollar 100 696.06. Euro 100 731.66. Japanese yen 100 5.1036. Hong Kong dollar 100 89.353.
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Chinese yuan weakens to 6.9975 against USD Wednesday

Xinhua 07 Dec 2022
7 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 229 pips to 6.9975 against ...
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Wider QFII access expected by investors

China Daily 07 Dec 2022
Launched by the Chinese government in 2002, the QFII program enables qualified foreign institutional investors to gain direct access to trade Chinese A shares, denominated in renminbi, on Chinese stock exchanges ... "It is anticipated that the Chinese government may take the QFII ...
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UK-based INEOS agrees to buy 50% of Sinopec's Tianjin petchem plant

Reuters 07 Dec 2022
The Tianjin Nangang Ethylene Project is currently building a 1.2 million tonne per year (tpy) ethane cracker which is expected to come onstream at the end of 2023, according to company statements ... ($1 = 6.9770 Chinese yuan renminbi)Reporting by Chen Aizhu; editing by Jason Neely. Our Standards ... ....
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UK-based INEOS agrees to buy 50% of Sinopec’s Tianjin petchem plant

FX Empire 07 Dec 2022
SINGAPORE (Reuters) – UK-based chemical and energy group INEOS has agreed to acquire a 50% stake in a petrochemical project in north China owned by China’s Sinopec Corp, the two companies said on Wednesday ... They did not give an investment value ... ($1 = 6.9770 Chinese yuan renminbi) ... Advertisement ... Sign Up ... Latest Articles ... ....
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Market exchange rates in China -- Dec. 7

China.dot.org 07 Dec 2022
BEIJING, Dec. 7 (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 100 699.75. Euro 100 732.46. Japanese yen 100 5.1115. Hong Kong dollar 100 89.934.
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Digital yuan to spread its wings

ECNS 06 Dec 2022
In October, 23 regions on the Chinese mainland adopted the e-CNY, covering nearly one-fifth of the population ... In September, PBOC signed a memorandum of understanding with Laos' central bank to set up renminbi clearing arrangements to promote investment and cross-border trade using the Chinese currency.
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Chinese yuan strengthens to 6.9746 against USD Tuesday

Xinhua 06 Dec 2022
6 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 638 pips to 6.9746 ...
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RMB seen stabilizing on policy moves

China.dot.org 06 Dec 2022
A worker counts Chinese currency renminbi at a bank in Linyi, east China's Shandong province ... A report from the BOC Research Institute said the Chinese currency has the foundation to stabilize gradually in 2023 ... the further stabilization of the Chinese economy, the report said.
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Market exchange rates in China -- Dec. 6

Xinhua 06 Dec 2022
BEIJING, Dec. 6 (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 100 697.46. Euro 100 732.51. Japanese yen 100 5.1067. Hong Kong dollar 100 89.775 ... ■ ... 6. .
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Latest RRR reduction aims to ease pressure

China.dot.org 06 Dec 2022
File photo shows a worker counts Chinese currency renminbi at a bank in Lianyungang, east China's Jiangsu province. [Photo/Xinhua] ... The RRR refers to the proportion of money that lenders must hold as reserves ... A weak global economy and a high comparison base this year mean that factory-gate prices may continue to fall early next year ... .
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China revises rules for provision of online ride-hailing services

Reuters 05 Dec 2022
($1 = 6.9515 Chinese yuan renminbi)Reporting by Brenda Goh and Beijing newsroom; Editing by Alison Williams. Our Standards. The Thomson Reuters Trust Principles. Read Next / Editor's Picks ... ....
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Market exchange rates in China -- Dec. 5

Beijing News 05 Dec 2022
BEIJING, Dec. 5 (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 100 703.84. Euro 100 741.91. Japanese yen 100 5.232. Hong Kong dollar 100 90.453 ... ....
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Chinese yuan strengthens to 7.0542 against USD Friday

Xinhua 02 Dec 2022
2 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 683 pips to 7.0542 ...

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