The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 11 pips to 7.1752 against the U.S.

The central parity rate of the RMB in the interbank foreign exchange market on March 28 was 7.1752 yuan per US dollar. The People's Bank of China authorized the China Foreign Exchange Trade System to ...

On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1752 as compared to the previous day's fix of 7.1763 and 7.2591 Reuters estimate.

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The dollar was under pressure Thursday due to President Trump’s announcement Wednesday evening of 25% tariffs on US auto imports, which may undercut US economic growth.  The dollar also fell on ...

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USD/CNY edged lower on Thursday as investors were cautiously awaiting Trumps reciprocal tariffs deadline on April 2 to assess ...

With a “grand bargain” with the U.S. unlikely, Barclays sees fundamental reasons for the yuan to depreciate, and maintained its long USD/CNH trade.