The RMB is unlikely to be a major player in Forex reserves anytime soon—and that's by design.
The State Bank of Vietnam announced a reference exchange rate of 25,066 VND/USD today, reflecting a decrease of 1 dong compared to the previous morning. The trading band allowed for this currency pair ...
A revived speech and a shifting global backdrop. Beijing is signalling new urgency in its push to elevate the yuan - but the ...
USD/CNY fell to a 33-month low Tuesday as Yuan was supported by strong corporate demand ahead of Chinas major festival. Exporters and other firms usually need yuan before the Lunar New Year to pay ...
The yuan's central parity rate strengthened 67 pips to 6.9523 against the US dollar on Monday, according to the China Foreign ...