Hong Kong CNN — A Chinese investment bank known for making some of the biggest deals in the country’s tech sector during its heyday has revealed it received a massive bill for 78 million yuan ...
Q: What is the Dollar worth against the Yuan? A: One Dollar is worth 7.0506 Yuan today Q: Is the Dollar going up or down against the Yuan? A: Today's exchange rate (7.0506) is higher compared to ...
“Renminbi” and “yuan,” which is the primary unit of renminbi, are often used interchangeably. The international symbol for the currency is CNY. This post has everything you need to know ...
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Further afield, the Swiss franc and British pound are viewed more positively. But there may be an even more compelling story: the yuan.
Trades involving borrowing yuan to buy higher-yielding assets are set to be more resilient as China’s central bank keeps its monetary policy dovish, Royal Bank of Canada says. The yuan carry ...
When China’s home-grown ARJ21 regional jet was delivered to Indonesian airline TransNusa in May, the leasing deal was carried out using the yuan, with the arrangement hailed as a milestone in ...
Jada Yuan is a writer for The Washington Post's Style section with a focus on culture and entertainment. For The Post, she's criss-crossed the country following national political campaigns ...
Alongside its Asian peers, the yuan has benefited from rising expectations the Federal Reserve will soon cut interest rates, which has prompted traders to sell the dollar and buy local currencies.
Meanwhile, the yuan is still traded on the exchange, and its price has remained relatively stable. Over the past month, the dollar has fluctuated between 84 and 93 rubles (a 10.7 percent range), while ...
The yuan carry trade differs from the yen one as it mainly involves exporters and multinationals instead of speculators, Macquarie Group Ltd. data shows. Carry trades, which involve seeking to ...