United States Dollar - Chinese Renminbi (USD - CNY) Currency

6.8671 +0.0320 +0.47%

03:24:00 AM

News

Business Insider 51d

China's yuan is making headway a global reserve currency, with 85% of central banks keen on holding the asset

Central banks think China's currency will benefit from a shift to a "multipolar" world, boosting the appeal of the yuan.

Business Insider 118d

China's yuan will sink to a 2-year low in the months ahead as investors flock to the dollar, Bank of America says

China's slowing economy, the Fed's plans to rapidly hike rates, and rising commodities prices will all weigh on the yuan, Bank of America said.

Business Insider 124d

China's yuan is set for its worst weekly drop against the dollar since 2015, as investors rush back to the US

"Foreign money leaving the China equity and bond markets is in danger of becoming a flood," one market analyst said of the dangers to the yuan.

Business Insider 1,394d

The Chinese yuan hits its weakest level since the financial crisis as trade tensions ramp up

Business Insider 1,414d

Mnuchin warns China about devaluing its currency

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09:31 AM

08/24/22