USD/CNY dipped near a 3-month low on Friday, as Chinas yuan was supported by investor optimism that the U.S. and China might ...

China’s central bank has pledged to advance the cross-border use of the yuan and develop the offshore yuan market, as the ...

The Chinese yuan strengthened against the U.S. dollar in the Asian session, buoyed by potential foreign investment flows into Chinese equities, analysts said.

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BEIJING, Feb. 7 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 8 pips to 7.1699 against the U.S. dollar Friday, according to the China Foreign Exchange ...

During the early 1980s, the US dollar was very strong, and fiscal deficits were rising. The Plaza Accord in September 1985 ...

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HONG KONG — The Chinese artificial intelligence firm DeepSeek ... Last week, it created a 60 billion yuan ($8.2 billion) AI investment fund, days after the U.S. imposed fresh chip export ...

Chinese exporters receive U.S. dollars (USD) for their goods sold to the U.S., but they need renminbi (RMB or yuan) to pay their ... Chinese banking system must convert dollars with the central ...