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RMB exchange rate
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RMB Exchange Rate Fluctuations are Controllable and there is no Basis for Continued Depreciation
Cai Tongjuan, a researcher at Renmin University of China, pointed out that the current round of RMB exchange rate fluctuations...
Read moreCentral Parity of RMB Exchange Rate in the Interbank Foreign Exchange Market (June 29, 2023)
USD/RMB reported at 7.2208, up 107 points (RMB depreciation); EUR/RMB reported at 7.9167, up 168 points; HKD/RMB was at 0.92183, up...
Read moreThe yuan rebounded strongly against the dollar
On Friday (December 2) in the Asian session, the USD/RMB rose slightly and was currently trading around 7.0578. As of...
Read moreVice President of China Foreign Exchange Investment Research Institute: The strong dollar has basically come to an end
On December 2, Zhao Qingming, vice president of the China Foreign Exchange Investment Research Institute, said that under the expectation...
Read moreThe central parity rate of RMB exchange rate in the inter-bank foreign exchange market on November 16, 2022
USD/RMB was at 7.0363, down 58 points (RMB appreciation); EUR/CNY was at 7.2793, up 84 points; HKD/RMB reported 0.89921, up...
Read moreThe central parity rate of RMB in the inter-bank foreign exchange market on November 14, 2022
The central parity rate of RMB in the inter-bank foreign exchange market on November 14, 2022 USD/RMB was reported at...
Read moreThe central parity rate of RMB in the inter-bank foreign exchange market on November 9, 2022
USD/CNY reported 7.2189, up 39 points (RMB depreciation); EUR/CNY reported 7.2628, up 311 points; HKD/RMB was at 0.91969, up 5.6...
Read moreThe central parity rate of RMB exchange rate in the inter-bank foreign exchange market on October 27, 2022
USD/RMB was at 7.1570, down 68 points (RMB appreciation); EUR/CNY was at 7.2157, up 543 points; HKD/RMB was at 0.91176,...
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