The central parity rate of the Chinese currency renminbi or the yuan weakened 5 pips to 71891 against the US dollar Friday according to the Chin ...
The issuance is set to be the biggest issuance of its kind on record since the PBoC started bill auctions in the city in 2018. The onshore renminbi fell to Rmb7.33 against the dollar on Wednesday, its ...
China's stock exchanges and central bank rushed to defend a tumbling yuan and falling stock markets on Monday, trying to ...
On Friday, China's central bank took steps to support the yuan, which has been losing ground, with its depreciation being ...
SHANGHAI -- The People's Bank of China on Thursday said it will issue renminbi-denominated central bank bills worth a record ...
The People's Bank of China will issue central bank bills worth 60 billion yuan ($8.18 billion) in Hong Kong on Jan 15, which ...
Therefore, the recent decline in the RMB exchange rate is a result of global currencies coming under pressure from the dollar ...
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