The People’s Bank of China said while it will maintain the exchange rate’s flexibility, it will strengthen efforts to guide ...
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China sets yuan fix at ¥7.0358 per dollar, well below market estimate to slow appreciation
On Friday, the People’s Bank of China announced that it has set the yuan’s daily fix at ¥7.0358 per dollar, which is 301 pips ...
The AUD/USD pair has set a fresh yearly high today, trading above the 0.6710 level. Since the start of December, the pair has gained roughly 2.45%.
BEIJING, Dec. 26 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 34 pips to 7.0358 against the U.S. dollar Friday, according to the China Foreign ...
China set the yuan’s daily reference rate at a level that was below market estimates by a record margin, in the latest sign ...
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