USD/CNY forecast: renminbi outlook as China deflation sticks
The Chinese renminbi has bounced back in the past few weeks as the market ignored the ongoing trade tensions between the US and China. The USD/CNY exchange rate has plunged to a low of 7.2335, its ...
China Internet Information Center15y
The Renminbi and Foreign Exchange Control
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 ...
International Monetary Fund11y
Will the Renminbi Rule?
Currently, the renminbi accounts for less than 1 percent of all turnover ... but three of its commodity futures exchanges are among the top 20 derivatives exchanges in the world as measured by the ...
Harvard Business School5mon
What Future for the Renminbi in the Global Monetary System?
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 ...
中国日报网1mon
Outstanding renminbi loans in HK surge 64% to $99b
Outstanding renminbi loans in the Hong Kong market reached 724 billion yuan ($99.32 billion) by the end of 2024, marking a 64 percent surge from 2023, the Hong Kong Monetary Authority said ...