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 ...

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 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 ...

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: 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 ...

BEIJING, Feb. 26 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 93 pips to 6.9228 against the U.S. dollar Thursday, according to the China Foreign ...

BEIJING, Feb. 27 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, stayed flat at 6.9228 against the U.S. dollar Friday, according to the China Foreign Exchange Trade ...

Learn how China's yuan peg stabilizes its currency, enhances export competitiveness, and fuels economic growth by managing exchange rates against a basket of currencies.