renminbi

The Latest

  • Onshore and Offshore Renminbi Break "7" Against US Dollar: Expert Says There's Little Room for Significant Depreciation
    CURRENCY NOTES
    Wang Youxin, senior researcher at the Bank of China Research Institute, believes that while risk aversion may temporarily strengthen the dollar, it currently shows signs of being overvalued.
  • Chinese Yuan Falls To 11-Year Lows Against Major Currencies Due To Sagging Economy
    CNY
    Lingering worries about a financial downturn and China's trade drama with the US have weighed heavily on the fragile yuan
  • Yuan Notches New Low Against USD In More Than 3 Weeks
    YUAN
    Chinese renminbi fares poorly amidst growing pressures from the US-China economic meeting.
  • Renminbi Slightly Strengthens After Four-Month Low
    China Economy
    The RMB saw a small rebound on Tuesday after disappointing heavily on Monday as Beijing released its new list of tariff hikes on U.S. goods.
  • "US report says yuan is not being manipulated by China
    US Dollar and Chinese Yuan
    The Treasury Department's report on the foreign currency movements of trade partners, which will contain information about whether the countries are manipulating their currencies will be released next week. China is part of this report because it is a major trading partner of the United States, more so because it has a massive trading surplus.