China's yuan still not ready to challenge US dollar hegemony

Jul 21, 2022

Beijing [China], July 21 : The global political turmoil has affected emerging economies all across the world, but it is extremely unlikely that the...

Chinese yuan weakens to 6.7290 against dollar

May 11, 2022

Beijing [China], May 11 : The central parity rate of the Chinese currency renminbi, or the yuan, weakened 156 pips to 6.7290 against the...

Chinese yuan weakens to 6.7071 against dollar

Jul 04, 2022

Beijing [China], July 4 : The central parity rate of the Chinese currency weakened 208 pips to 6.7071 against the US dollar Monday, media...

Chinese yuan weakens to 6.7109 against dollar

Jun 22, 2022

Beijing [China], June 22 : The central parity rate of the Chinese currency renminbi, or the yuan, weakened 258 pips to 6.7109 against the...

Chinese yuan weakens to 6.7518 against dollar

Jun 15, 2022

Beijing [China], June 15 : The central parity rate of the Chinese currency renminbi, or the yuan, weakened 36 pips to 6.7518 against the...

US dollar gains strength as Chinese Yuan depreciates amid its shrinking economy

Jan 26, 2023

Notably, in the wake of the Covid-19 pandemic, people see the dollar as the safe place to put their money in, avoiding risks; not...