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CICC predicts China to expand RMB floating range soon to 2-3 percent
China's State Council recently said the exchange rate formation mechanism of China's currency RMB, should be further marketized.
Chinese yuan weakens to 6.1172 against USD Thursday
The central parity rate of the Chinese currency renminbi, or the yuan, weakened by 4 basis points to 6.1172 against the U.S. dollar on Thursday.
Market exchange rates in China -- July 23
The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 11 major currencies announced on Thursday.
Market exchange rates in China -- July 22
The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 11 major currencies announced on Wednesday.
Chinese yuan rises to 6.1168 against USD Wednesday
The central parity rate of the Chinese currency renminbi, or the yuan, rose by 31 basis points to 6.1168 against the U.S. dollar on Wednesday.
Foreign exchange rates in India
The following are foreign exchange rates of the Indian rupee with major international currencies as was released by the RBI Monday.
Chinese yuan weakens to 6.1197 against USD Monday
The central parity rate of the Chinese currency renminbi, or the yuan, weakened by 5 basis points to 6.1197 against the U.S. dollar on Monday.
Market exchange rates in China -- July 20
The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 11 major currencies announced on Monday.
Chinese yuan weakens to 6.1192 against USD Friday
The central parity rate of the Chinese currency renminbi, or the yuan, weakened by 19 basis points to 6.1192 against the U.S. dollar on Friday.
China pledges to stabilize RMB exchange rate
The State Council, China's cabinet, pledged on Wednesday to stabilize the exchange rate of the yuan at a reasonable and balanced level.
Chinese yuan strengthens to 6.1133 against USD Monday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened by 20 basis points to 6.1133 against the U.S. dollar on Monday.
China's onshore money market transactions up 89.2 pct on year in May
China's onshore money market transactions totaled 42.6 trillion yuan in May, up 89.2 percent on a yearly basis.
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