Market optimism for the Chinese currency continues to rise, with analysts projecting the yuan to appreciate further against ...

China’s renewed push for yuan internationalization is aimed at multipolarity, rather than replacing the dollar as the preeminent global currency, said Teneo.

The yuan fell to a record low against the dollar offshore, while its onshore rate was around levels not seen since the 2008 financial crisis. China’s yuan, also called renminbi, ...

Countries are lining up backup currencies — such as the Chinese yuan — for trade and transactions. Sanctions against Russia sound a cautionary tale over the power Washington and the USD wields ...

The USD/CNY exchange rate is currently trading at about 7.16, which is just shy of the highest levels observed in this exchange rate during the last 15 years. Dilok Klaisataporn.

Yuan to Us Dollar Forecasts for 2025–2026 (9 months, 12 months, 3 months) We forecast the Yuan-to-US Dollar exchange rate to reach 0.1360 by September 2025, 0.1359 by December 2025 and 0.1362 by ...

BEIJING: The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 74 pips to 6.8764 against the US dollar Monday, according to the China Foreign Exchange Trade System.