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The Latest Breaking News from Chinese Yuan

CNY TO USD and Other Currency Rates - 22 December 2023

Chinese Yuan TO USD buying exchange rate is USD 7.14 as per open market rate and CNY TO USD selling exchange rate for 1 Chinese Yuan is USD 7.14. Updated o...

CNY TO USD and Other Currency Rates - 21 December 2023

Chinese Yuan TO USD buying exchange rate is USD 7.14 as per open market rate and CNY TO USD selling exchange rate for 1 Chinese Yuan is USD 7.14. Updated o...

CNY TO USD and Other Currency Rates - 20 December 2023

Chinese Yuan TO USD buying exchange rate is USD 7.08 as per open market rate and CNY TO USD selling exchange rate for 1 Chinese Yuan is USD 7.08. Updated o...

CNY TO USD and Other Currency Rates - 19 December 2023

Chinese Yuan TO USD buying exchange rate is USD 7.13 as per open market rate and CNY TO USD selling exchange rate for 1 Chinese Yuan is USD 7.13. Updated o...

CNY TO USD and Other Currency Rates - 18 December 2023

Chinese Yuan TO USD buying exchange rate is USD 7.08 as per open market rate and CNY TO USD selling exchange rate for 1 Chinese Yuan is USD 7.08. Updated o...

CNY TO USD and Other Currency Rates - 17 December 2023

Chinese Yuan TO USD buying exchange rate is USD 7.08 as per open market rate and CNY TO USD selling exchange rate for 1 Chinese Yuan is USD 7.08. Updated o...

CNY TO USD and Other Currency Rates - 16 December 2023

Chinese Yuan TO USD buying exchange rate is USD 7.08 as per open market rate and CNY TO USD selling exchange rate for 1 Chinese Yuan is USD 7.08. Updated o...

CNY TO USD and Other Currency Rates - 15 December 2023

Chinese Yuan TO USD buying exchange rate is USD 7.08 as per open market rate and CNY TO USD selling exchange rate for 1 Chinese Yuan is USD 7.08. Updated o...

CNY TO USD and Other Currency Rates - 14 December 2023

Chinese Yuan TO USD buying exchange rate is USD 7.17 as per open market rate and CNY TO USD selling exchange rate for 1 Chinese Yuan is USD 7.17. Updated o...

Dollar Slides as T-Note Yields Decline

The dollar index (DXY00 ) Tuesday fell by -0.24% and posted a 2-month low on lower T-note yields. Also, strength in stocks on Tuesday reduced the liquidity demand for the dollar. The Chinese yuan strengthened against the dollar Tuesday after China signaled more economic support measures. Comments Tuesday from New...

Barchart · Jul 11, 2023

'Dollarization' of North Korean economy, once vital, now potential threat to Kim's rule

North Korea has tolerated the widespread use of more stable foreign currencies like U.S. dollars and the Chinese yuan since a bungled revaluation of the won in 2009 triggered runway inflation and public unrest

The Independent UK · Jun 9, 2023

War in Ukraine might give the Chinese yuan the boost it needs to become a major global currency -- and be a serious contender against the US dollar

The Chinese economy’s sheer size and rapid growth are impressive.

The Conversation · Jun 1, 2023

Bolivian leader open to using yuan for trade, touting 'trend'

Bolivia's president expressed openness to the use of the Chinese yuan for international trade during a press conference on Wednesday, citing similar moves by Argentina and Brazil to tap the Asian currency for transactions with China.

Reuters · May 11, 2023

Dollar Slips as T-Note Yields Fall

The dollar index (DXY00 ) on Tuesday fell by -0.36% as T-note yields declined. Also, strength in the Chinese yuan Tuesday undercut the dollar after China's Q1 GDP expanded more than forecast. Hawkish comments Tuesday from St. Louis Fed President Bullard and Atlanta Fed President Bostic provided underlying support for...

Barchart · Apr 18, 2023

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Asharq Al-Awsat · Mar 14, 2023

India Prefers Use of UAE Dirham in Foreign Trade Settlement

India has asked banks and traders to avoid using Chinese yuan to pay for Russian imports, three government officials involved in policy making and two banking sources said, because of long-running political differences with its neighbor. India, which has emerged as a top buyer of Russian oil as well as…

Bangkok Post · Oct 27, 2022

Yuan jumps to fifth most traded currency

The Chinese yuan has leaped over the Australian, Canadian and Swiss currencies to become the fifth most traded currency in the world, according to the Bank for International Settlements (BIS).

Benzinga · Sep 28, 2022

Asian Bloodbath Continues: Alibaba, XPeng Shed 2%, Yuan Hits Weakest Levels Since 2008

Hong Kong shares opened lower on Wednesday, with the benchmark Hang Seng slipping 2.5%, taking cues from the S&P 500 which fell deeper into the bear territory after hitting a near two-year low. The Chinese yuan hit its lowest level since 2008 and was trading at 7.2296 against the dollar…

Benzinga · May 31, 2022

Chinese yuan rebounds on Shanghai reopening hopes

The Chinese yuan rose to one-week highs on Monday, fueled by expectations that Shanghai, the country’s financial hub, will soon emerge from a two-month lockdown that has crippled economic activities in the city and weighed on the country’s overall economic recovery.

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