China fixed the renminbi at its lowest level since September 2023 as a stronger US dollar, investor disappointment over the ...
The central parity rate of the Chinese currency renminbi or the yuan weakened 4 pips to 71911 against the US dollar Tuesday according to the Chi ...
In support of renminbi internationalization, Beijing announced plans to develop Shanghai as a global financial center and established offshore yuan trading hubs in Hong Kong, Singapore and London.
The renminbi is still on track for overall stability with two-way fluctuations against the US dollar in the months ahead, and with limited risks of one-sided and substantial appreciation ...
"Focus on Trump trade proxies, bitcoin and the renminbi to gauge how the election is preceding," he advised clients in a Tuesday note. Trump is seen as bullish for bitcoin, as he has made wide-ranging ...
A recent Oliver Wyman survey found that Chinese travelers are not only spending less on luxury goods, but also turning to ...
JD.com (JD) reported better-than-expected third-quarter results on Thursday buoyed by revenue gains in its retail and logistics operations amid improving consumer sentiment. The Chinese e-commerce ...
Campanella, Edoardo, and Meg Rithmire. "What Future for the Renminbi in the Global Monetary System?" Chap. 7 in U.S.-China Relations for the 2030s: Toward a Realistic Scenario for Coexistence, edited ...
Chinese media had claimed that the American brand had seen significant order cancellations as shoppers targeted it in order ...
Market Vectors Chinese Renminbi/USD ETN (NYSEARCA:CNY – Get Free Report) crossed above its fifty day moving average during trading on Thursday .The stock has a fifty day moving average of $44.25 ...
Live news: China fixes renminbi at weakest level in more than a year on facebook (opens in a new window) Live news: China fixes renminbi at weakest level in more than a year on linkedin (opens in ...