Chinese banks extended 5.13 trillion yuan ($706.40 billion) in new yuan loans in January, up sharply from December, outpacing ...
To meet growing demand for use of the Chinese currency in trade finance and strengthen Hong Kong’s position as the world’s ...
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 13 pips to 7.1706 against the U.S.
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 9 pips to 7.1719 against the U.S. dollar ...
BEIJING, Feb. 11 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 9 pips to 7.1716 against the U.S. dollar Tuesday, according to the China Foreign Exchange ...
China’s offshore yuan has solidified its position as a widely tapped currency in institutional and corporate financing on the ...
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Outstanding renminbi loans in the Hong Kong market reached 724 billion yuan ($99.32 billion) by the end of 2024, marking a 64 ...
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