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BEIJING, Aug. 11 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 23 pips to 7.1405 against the U.S. dollar Monday, according to the China Foreign Exchange ...
The renminbi or RMB is the national currency of China, the arch rival of the U.S. in trade. As the Trump administration ...
First Mover Asia: The Renminbi Rises; Cryptos Suffer Another Lost Weekend The value of RMB payments gained over 10% compared to December amid an inauspicious test of the digital yuan at the Winter ...
SHANGHAI] Chinese companies sold a record amount of currency options in the first half of this year as domestic businesses, ...
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GlobalData on MSNFortescue secures $2bn syndicated term loan to advance decarbonisation plansFortescue has successfully syndicated a Renminbi (RMB)-denominated syndicated term loan facility of 14.2bn yuan ($2bn). This ...
Since 2009, internationalizing the renminbi has been an explicit goal of Chinese policy. Beijing therefore celebrated the renminbi’s addition to the SDR basket as evidence that it was making real ...
The renminbi has reached its strongest level in more than two years, signaling Chinese dominance in manufacturing and giving President-elect Joe Biden breathing room. By Alexandra Stevenson HONG ...
The U.K. will become the first Western government to issue renminbi-denominated sovereign debt, Chancellor George Osborne and Chinese Vice President Ma Kai jointly announced Friday. The bond will ...
The Debate Over Renminbi Policy Louis Gave January 21, 2016 One of the core tenets of Gavekal’s philosophy is that we embrace open debate. Rather than concealing the diversity of our analysis ...
Despite all the excitement about China's yuan announcement, MarketBeat is pondering a more pedestrian question: Exactly what do you call the Chinese currency?: Yuan or Renminbi?
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