The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 7 pips to 7.1775 against the U.S.

In a recent global survey of 1,660 enterprises, many respondents said their trading partners were unwilling to use the Chinese yuan.

But among the currencies of the six largest economies in the world, China’s renminbi is the only one that is not traded easily and accepted worldwide—that is, it is not a hard currency. China’s ...

A foreigner can bring cash and change it at the Bank of China for RMB. Foreign money can be exchanged in China through traveler's cheques, currency conversion at banks and hotels. Credit cards can ...

China’s yuan (RMB) is the first new currency to join the list since the euro was launched, and represents a significant moment in the development of China as a global economic power. The US dollar, ...

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 30 pips to 7.1782 against the U.S.

Campanella, Edoardo, and Meg Rithmire. "What Future for the Renminbi in the Global Monetary System?" Chap. 7 in U.S.-China Relations for the 2030s: Toward a Realistic Scenario for Coexistence, edited ...

BEIJING, March 27 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 9 pips to 7.1763 against the U.S. dollar Thursday, according to the China Foreign Exchange ...