China, yuan and Beijing
The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar level since May 2023.
Dollar hits 14-month low against euro, yuan dips
The dollar hit a 14-month low against the euro on Wednesday as traders bet that the Federal Reserve will make another large rate cut at its November meeting on weakening labor optimism, while the yuan eased on growing doubts about the impact of a new round of Chinese stimulus.
China’s yuan continues upward climb after Beijing’s stimulus roll-out
The yuan reached its highest level in over a year on Wednesday following interest rate cuts and new measures from China’s central bank.
Chinese yuan hits strongest level against the dollar in over a year
China’s yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to shore up the slowing economy.
China's yuan surges to 16-month peak on new stimulus measures
China's yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world's second-largest economy revealed new stimulus measures, while the greenback extended declines against other major currencies after soft data on the consumer.
Dollar Weakens as the Yuan Rallies on Chinese Stimulus Measures
The dollar is under pressure today after China boosted stimulus measures, which fueled a rally in the yuan to a 16-month high against the dollar. The dollar extended its losses today after the Conference Board’s US Sep consumer confidence index unexpectedly declined.
Euro firms against dollar, yuan jumps on China's stimulus boost
The Australian and New Zealand dollars scaled multi-month peaks on Wednesday while sterling hit its highest in more than two ...
Business Times11h
China billionaire’s 6-billion yuan supermarket deal with Giant owner, JD.com causes swift wealth wipeout
China’s budget retail billionaire Ye Guofu had been on a roll, building his fortune as his stores proved a hit in the nation’s slowing economy. Read more at The Business Times.
中国日报网5h
China conducts 300-billion-yuan MLF at lower interest rate
BEIJING - China's central bank on Wednesday conducted a 300-billion-yuan ($42.73 billion) medium-term lending facility (MLF) ...
Exchange Rates1d
Today's Best British Pound / Yuan exchange rate
Note: You may need to refresh this page. Q: What is the Pound worth against the Yuan? A: One Pound is worth 9.3759 Yuan today Q: Is the Pound going up or down against the Yuan? A: Today's ...
Forbes12h
Convert Chinese Yuan To British Pound Sterling
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Yuan Strengthens Past 7 Per Dollar for First Time Since May 2023
The yuan rallied past the 7 per dollar milestone for the first time in 16 months as investors digested a raft of measures to ...
US sanctions on Russia double yuan and rouble trading in Kazakhstan
Russian banks and companies are increasingly choosing Kazakhstan for currency operations required to make payments to China ...
Forbes10h
Convert Chinese Yuan To Euro
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.