China’s central bank has moved to slow the renminbi’s advance as its rapid appreciation tests Beijing’s tolerance for a stronger currency that could threaten its export-oriented economy.

The RMB exchange rate is perennially caught in the international spotlight. Some say it's too low, others that it should be lower. The PBOC (People's Bank of China), which sets a daily reference rate ...

: the previous day’s closing price and the ‘theoretical renminbi exchange rate against the US dollar that will keep the index of a currency basket unchanged over the past 24 hours’. So what is this ...

The recent strengthening of the renminbi against the US dollar reflects the resilience of China's economic fundamentals and the improving stability of its financial system, while a weaker dollar has ...

(Yicai) Feb. 24 -- China should develop a modern financial system with Chinese characteristics, with the yuan as its monetary foundation, to become a financial powerhouse. This requires the yuan ...

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