The USD/CNY exchange rate rose to a high of 7.30 this week, its highest point since February as the trade war escalated. It ...

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The US and China could negotiate a deal to strengthen the yuan in exchange for an easing of tariffs, according to Ray Dalio, ...

Scope for US Dollar (USD) to weaken to 7.2430 before stabilisation can be expected vs Chinese Yuan (CNH); it is unclear if ...

BEIJING, April 3 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 96 pips to 7.1889 against the U.S. dollar Thursday, according to the China Foreign ...

China’s central bank set the fixing rate for the yuan against the US dollar at its lowest level since January on Thursday, as the Chinese currency came under pressure following US President ...

USD/CNY strengthened on Wednesday as Chinas Yuan continued weaken pressured by concerns over the economic impact of U.S.

USD/CNY strengthened on Tuesday as Chinese Yuan weakened on worries about the impact of U.S. reciprocal tariffs despite ...

The PBOC operates under a managed floating exchange rate system, which allows the yuan's value to fluctuate within a 2% band around a central reference rate, or midpoint. This method is designed to ...

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.