China National Bank's exposure to China fell below one trillion yuan; ratio of its net worth fell to new low of 22.7 per cent

Feb 01, 2024

The Financial Supervisory Commission announced today that in 2023 At the end of December, the total exposure of domestic banks to China fell below...

Chinese yuan weakens against USD

Jun 20, 2022

Beijing [China], June 20 : The central parity rate of the Chinese currency renminbi, or the yuan, weakened 197 pips to 6.7120 against the...

China's forex market turnover down in May

Jun 24, 2022

Beijing[China], June 24 (ANI/Xinhua): China's foreign exchange market saw a turnover of 15.95 trillion yuan (about 2.38 trillion U.S. dollars) in May, down from...

China's falling yuan worries Xi Jinping ahead of 20th National Congress

Oct 02, 2022

Beijing [China], October 2 : Ahead of the 20th National Congress later this month, the fall of the yuan, also known as the Renminbi,...

Chinese yuan weakens to 6.7518 against dollar

Jun 15, 2022

Beijing [China], June 15 : The central parity rate of the Chinese currency renminbi, or the yuan, weakened 36 pips to 6.7518 against the...

Chinese yuan weakens to 6.7482 against USD

Jun 14, 2022

Beijing [China], June 14 : The central parity rate of the Chinese currency renminbi, or the yuan, weakened 300 pips to 6.7482 against the...