The central parity rate of the Chinese currency renminbi, or the yuan, weakened 241 basis points to 6.8972 against the U.S. dollar Friday, according to the China Foreign Exchange Trading System. In China's spot foreign exchange market, ...
The Chinese currency renminbi, or the yuan, continued to weaken on Tuesday but analysts said more sharp depreciation is unlikely. The central parity rate of the yuan weakened 10 basis points to 6.6971 against the U.S. dollar, the weakest ...
China is unlikely to "purposely weaken" its currency, the yuan, or renminbi (RMB), as it would go against the authorities' commitment to economic rebalancing and structural reforms, HSBC said on Monday. Even dismissing the economic ...
Tags: weaken currency, RMB
The Renminbi exchange rate will remain stable in 2015, a macro economic report from China International Capital Corporation (CICC) predicted Monday. "Despite the weaker spot exchange rate of the Renminbi against the dollar, the ...
The value of the Chinese currency renminbi, or the yuan, strengthened by 34 basis points to 6.1213 against the U.S. dollar in its central parity rate on Thursday, according to the China Foreign Exchange Trading System. In China's spot ...
Tags: Chinese Yuan, U.S.dollar
The value of the Chinese currency renminbi, or the yuan, weakened by 21 basis points to 6.1430 against the U.S. dollar in its central parity rate on Tuesday, according to the China Foreign Exchange Trading System. In China's spot foreign ...
Tags: Chinese Yuan, USD
A bank in Yunnan province has started to provide direct currency exchanges between Chinese yuan and Thai baht, a move aimed at further opening up Southwest China to Southeast Asia. Tourism agencies say there is an increasing demand for ...
Spot natural gas prices in New England jumped more than$4 at some points Monday,sending prices above$12/MMBtu on IntercontinentalExchange. The Algonquin Gas Transmission city-gates averaged$12.52/MMBtu at 9:58 a.m.EST,an increase ...
Tags: natural gas, prices, New England, exchange trading
BEIJING - The Chinese currency Renminbi, or the yuan, rose to a new high against the dollar on Wednesday. It strengthened 42 basis points to stand at 6.2919 against the US dollar on Wednesday, according to the China Foreign Exchange Trading ...
Tags: Market View, exchange rate