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The yuan-dollar exchange rate, not the complicated basket of currencies version, is the most visible indicator of how the world's No 2 economy is doing in comparison to the world's No 1 economy.

The dollar index was lower on Monday after U.S. President Donald Trump paused new tariffs on Mexico for one month, after the ...

from 1.5 to 1.75 – a move previously taken to prevent the yuan-dollar exchange rate from worsening. Cross-border financing involves providing funding for business activities that occur outside a ...

The central parity rate of the yuan, strengthened 6 pips to 7.1885 against the US dollar Monday, according to the China Foreign Exchange Trade System. "The current fluctuations in the yuan ...

Currency traders looking for their next big idea could do worse than talk to Wong, who runs a news stand in Hong Kong’s ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

At the end of last week, USD/CNY broke above 7.30, which previously had been successfully defended in the last days of 2024. Yesterday, the exchange rate even rose to almost 7.33 before falling ...

The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Monday by the ...

Replacing the Hong Kong dollar with the yuan would not only benefit Hong ... The Hong Kong dollar is based on the Linked Exchange Rate System, which plays a significant role in keeping the ...

but with recent intervention risks in the yuan placing bigger chances of a short squeeze, Taiwan dollar becomes much more attractive,” said Stephen Chiu, chief Asia foreign-exchange and rates ...