Geopolitical tensions and tariffs will likely push China to devalue its currency, making USD:CNY a profitable trade. Read ...

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A pilot scheme enabling insurers to purchase equities will be launched in the first half of 2025, with an initial scale of at least 100 billion Yuan ... Chinese Economy impact the Australian Dollar?

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

What is your sentiment on CNY/USD?

analysts suggested China should temporarily switch from anchoring the yuan to the U.S dollar to linking it instead to the value of a basket of non-dollar currencies, particularly the euro ...

Replacing the Hong Kong dollar with the yuan would not only benefit Hong Kong’s economic growth in the long run, but also help the city to better integrate with Greater China. It’s important ...

At midday on Tuesday, the offshore yuan was trading at around 7.269 per US dollar. On Tuesday, the People’s Bank of China set the midpoint rate – also known as the fixing rate – at 7.1703 ...

China's central bank set a stronger-than-expected fixing rate for the yuan against the US dollar on Wednesday, signalling that China does not plan to offset the impact of US tariffs by allowing ...

The US Dollar to Chinese Yuan (USD/CNH) exchange rate is edging towards its annual peak, a level close to 7. 28. Foreign exchange rate analysts at Danske Bank looks at three potential trades for ...

Currency traders are waiting with bated breath for China’s next daily reference rate for the yuan, with some expecting ...

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.