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yuan

Yuan price hits 4-month low

Expectations that China will loosen policy and weaken Asian currencies cause the yuan to depreciate compared to...

CNY banks stabilize prices, black market sales decrease by 10 VND/CNY

Refer to the favorite places to exchange foreign currency - buy and sell Chinese Yuan in Hanoi: 1. Gold shop...

Yuan at banks and black markets simultaneously increased in price

Renminbi exchange rate today Renminbi exchange rate (CNY) today March 12, 3, Joint Stock Commercial Bank...

CNY at Vietcombank and BIDV increased selling prices

Refer to the favorite places to exchange foreign currency - buy and sell Chinese Yuan in Hanoi: 1. Gold shop...

RMB price at banks went sideways

Refer to the favorite places to exchange foreign currency - buy and sell Chinese Yuan in Hanoi: 1. Gold shop...

CNY selling price at banks increased; stable black market

Refer to the favorite addresses for foreign exchange - buying and selling Chinese Yuan in Hanoi: 1. Shop...

Asian currencies benefit when the Fed lowers interest rates

Yuan, yen and won are under pressure while the Indian rupee is strengthening, a prospect for major currencies...

How China prevents yuan depreciation

Compared to the yuan recession in 2015, China has cleverly stabilized its currency and suddenly...

The Yuan surpasses the Yen in international transactions

Information taken from the latest transaction data compiled by global financial messaging service SWIFT, RT...

China's economy has bottomed out and is starting to recover

In November, the exchange rate of the Chinese Yuan (NDT) against the USD tended to recover strongly. This is expected to have a positive impact on the Chinese economy and restore market confidence.

The Fed's interest rate hike is more worrying than China's economic decline

According to analysts, China's economic troubles are not as worrying as the consequences of the Fed raising...

A series of Chinese banks "poured" capital into Russia, the position of the renminbi in Moscow is now different

China's four largest banks have provided billions of dollars to Russian banks as the West withdrew from the country in the first year of the conflict in Ukraine.

Barriers on the way to RMB internationalization

RMB is increasingly popular globally but it is difficult to break through and threaten the USD while still relying on...

The reason behind China's decision to restrict Russian banks

Bank of China's decision to restrict transactions of Russian bank customers...

Trade with Russia promotes the internationalization of the renminbi

Zhou Liqun, president of the China Business Association in Russia, said the ratio of local currency payments between Russia and China would increase, which would serve the interests of both countries.

Because Russia and the US make many countries "turn their car" with the USD, China has seen a possible opportunity

Economists call the USD the global reserve currency - a title that confers some pretty important perks on the US economy. But can the USD be knocked out of the top spot?

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