The Indian rupee and other Asian currencies extended their recent rallies on Monday, as abrupt shifts in U.S. trade policy ...

The dollar’s extended slide has prompted China’s central bank to change tack in managing its currency, as it pivots from ...

Asian economies are exploring de-dollarisation, amid geopolitical risks, signalling a monetary shift towards a multipolar ...

Yuan internationalisation, global expansion plans of Chinese firms drive a resurgence in the city’s importance, a senior ...

On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1848 as compared ...

The USD is poised to depreciate The key determinants of currency valuations point to the weakening of the USD in the near ...

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US Dollar (USD) is likely to trade between 7.1750 and 7.1950 against Chinese Yuan (CNH). In the longer run, downward momentum is slowing; a breach of 7.2070 would mean that the downward bias has faded ...

China told its biggest banks to increase the use of the yuan in trade with foreign partners, raising the required ratio to 40 ...

As of 4:47 pm, USD/CNY in the night session dropped 85 bps. USD/CNH faded 147 bps to 7.1904, 45 bps above USD/CNY. Related ...

VCG. The Chinese yuan has continued to strengthen against the US dollar, with the exchange rate of both the onshore and ...

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.