The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 50 pips to 7.1688 against the U.S.

The renminbi traded at 7.3000 on Tuesday morning ... The manufacturing PMI dropped slightly from 50.3 in November to 50.1 in December, missing the estimated 50.3. The non-manufacturing PMI ...

The Renminbi, China’s legal currency, is issued and controlled solely by the People’s Bank of China. The exchange rates of the Renminbi are decided by the People’s Bank of China and issued ...

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 ...