The USD/CNY exchange rate continued rising, reaching its highest level since September 2023. It rose to a high of 7.3315 this week and is nearing its 2007 high of 7.5 as concerns about trade wars ...

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The central parity rate of the Chinese currency renminbi, or the yuan, weakened 42 pips to 7.2116 against the U.S.

Scope for US Dollar (USD) to weaken to 7.2430 vs Chinese Yuan (CNH) before stabilisation can be expected; it is unclear if 7.2150 will come into view. In the longer run, USD could continue to rise ...

CHINESE investors and trading companies boosted their use of the renminbi in international settlements to a record last month as the US dollar’s global allure dimmed and Sino-US trade tensions ...

BEIJING, April 21 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 14 pips to 7.2055 against the U.S. dollar Monday, according to the China Foreign ...

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