The central parity rate of the Chinese currency renminbi or the yuan strengthened 339 pips to 70644 against the US dollar Friday according to th ...
Chinese major nation-owned banks bought USD in the onshore market to stop RMB from appreciating too fast. USD/ CNY once rose ...
With lithium prices dropping and competition growing, automakers are adjusting to slower growth in the electric vehicle ...
This post has everything you need to know about converting CNY or RMB to USD, including where to secure the best exchange rates and how to avoid paying high fees on your conversion. Calculating ...
“The Fed’s rate cut cycle may trigger a global wave of interest rate cuts by central banks, leading to a decline in the US ...
extends its upside on the weaker US Dollar (USD) on Friday. The INR trades near the two-month highs, bolstered by likely portfolio inflows and an appreciation in the Chinese Yuan after the US Federal ...
Chinese exporters receive U.S. dollars (USD) for their goods sold to the U.S., but they need renminbi (RMB or yuan) to pay their workers and store money locally. They sell the dollars they ...
The relationship between China and Africa is set to deepen. At a summit in Beijing in early September, China’s president, Xi ...
The quotes of the USD/JPY currency pair continue to move within the development of the correction and the descending channel.
The rupee stayed on the upward track for the record seventh straight session and settled 13 paise higher at 83.52 against the US dollar on Friday, as robust domestic equity markets and retreating ...
THE US dollar strengthened against the yen on Friday (Sep 20) after the Bank of Japan left interest rates unchanged and ...
Asian equities were largely higher on high volumes driven by FTSE Russell and S&P index rebalances and triple witching in the ...