BEIJING, Dec. 1 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Monday by the China Foreign Exchange ...

BEIJING, Dec. 1 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 30 pips to 7.0759 against the U.S. dollar Monday, according to the China Foreign ...

China’s currency, the renminbi, is undervalued. Everyday evidence abounds: residents of Hong Kong, whose currency is tightly pegged to the US dollar, flock across the border to Shenzhen for weekends ...

THE renminbi is hugely undervalued. This is an impediment to tackling China’s enormous current account surplus and the ...

Photo/Xinhua] Momentum is building for China to elevate the renminbi's global standing in the years ahead, with greater capital account convertibility, a more coherent financial opening framework and ...

As China's share of regional trade has grown so too has the importance of its currency, the renminbi, in international transactions. Since 2002, China’s share in East Asia’s trade has leapt from 10 ...

HONG KONG, October 6, 2010 - China's growth trajectory will, at the very least, require fundamental changes to the international monetary system and financial architecture, according to a panel of ...

MOSCOW Russia and China are poised to take a small but symbolic step in their expanding economic relationship, a move that in the long term could make the dollar less relevant to business between the ...