The renminbi remained under pressure last week after the US imposed new tariffs on Chinese goods, risking a prolonged trade ...

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 8 pips to 7.1707 against the U.S. dollar ...

The renminbi traded at 7.3000 on Tuesday morning, its lowest level since November 2023. It has dropped in the last 13 consecutive weeks and is slowly approaching its lowest level on record.

Outstanding renminbi loans in the Hong Kong market reached 724 billion yuan ($99.32 billion) by the end of 2024, marking a 64 ...

But among the currencies of the six largest economies in the world, China’s renminbi is the only one that is not traded easily and accepted worldwide—that is, it is not a hard currency. China’s ...

The Renminbi, China’s legal currency, is issued and controlled solely by the People’s Bank of China. The exchange rates of the Renminbi are decided by the People’s Bank of China and issued ...

Chinese markets closed down on Wednesday after Donald Trump said he could impose a 10% tariff against China from next month © FT montage: Bloomberg China stocks and renminbi hit by Donald Trump’s 10% ...

Thomas Ruecker / Getty Images The term “Chinese yuan renminbi (CNY)” refers to the currency used in the People’s Republic of China. Although it may seem a little confusing because the names ...

China has kept the renminbi’s exchange rate with the dollar steady in its first official currency fix since US President Donald Trump hit the country with tariffs. The People’s Bank of China on ...

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 ...

Outstanding renminbi loans in the Hong Kong market reached 724 billion yuan ($99.32 billion) by the end of 2024, marking a 64 percent surge from 2023, the Hong Kong Monetary Authority said ...