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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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.

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

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From spinning out Takeda’s China assets to acquiring South Korea’s Hugel, CBC is building a global M&A engine with execution ...

BEIJING, March 25, 2025 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its ...

Today, Apple announced a new investment of 720 million Chinese yuan (around $99.2 million USD) to fund an expansion of clean ...