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  2. List of renminbi exchange rates - Wikipedia

    en.wikipedia.org/.../List_of_renminbi_exchange_rates

    The renminbi (RMB, also known as Chinese yuan; ISO code: CNY) is the official currency of the People's Republic of China. [1] Although it is not a freely convertible currency, and has an official exchange rate, the CNY plays an important role in the world economy and international trade.

  3. Renminbi - Wikipedia

    en.wikipedia.org/wiki/Renminbi

    During the 1970s, it was revalued until it reached ¥1.50 per dollar in 1980. When China's economy gradually opened in the 1980s, the renminbi was devalued in order to improve the competitiveness of Chinese exports. Thus, the official exchange rate increased from ¥1.50 in 1980 to ¥8.62 by 1994 (the lowest rate on record).

  4. Renminbi currency value - Wikipedia

    en.wikipedia.org/wiki/Renminbi_currency_value

    The Renminbi has appreciated 22 percent since the mechanism reform in 2005 of the Yuan exchange rate. [9] However, during the onset of the 2007-2008 global financial crisis, the renminbi was unofficially repegged to the US dollar. It was again depegged from the dollar in June 2010.

  5. China's central bank unveils most aggressive stimulus since ...

    www.aol.com/news/china-central-bank-says-cut...

    The yuan currency jumped to a 16-month high against the dollar. ... by 0.2 percentage points to 1.5%, as well as other interest rates. ... ($1 = 7.0456 Chinese yuan renminbi)

  6. Exchange rate history of the Indian rupee - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate_history_of...

    Data from 1971 to 1991–92 are based on official exchange rates. Data from 1992 to 1993 onward are based on FEDAI (Foreign Exchange Dealers' Association of India) indicative rates. Data from 1971 to 1972–73 for the Deutsche Mark and the Japanese Yen are cross rates with the US Dollar. The Euro replaced the Deutsche Mark w.e.f. January 1, 1999.

  7. Yuan (currency) - Wikipedia

    en.wikipedia.org/wiki/Yuan_(currency)

    A new yuan was introduced in 1955 at a rate of 10,000 old yuan = 1 new yuan, known as the renminbi yuan. It is the currency of the People's Republic of China to this day. The term yuan is also used in Taiwan. In 1946, a new currency was introduced for circulation there, replacing the Japanese issued Taiwan yen, the Old Taiwan dollar. It was not ...

  8. ‘De-dollarization is happening’: Are countries ditching the ...

    www.aol.com/finance/dollarization-happening...

    Meanwhile, the Chinese yuan — which many think is the biggest threat to the dollar — accounted for just 2.37% of reserves in the same period, with a high proportion of that being held by ...

  9. File:1 RMB to US dollar.svg - Wikipedia

    en.wikipedia.org/wiki/File:1_RMB_to_US_dollar.svg

    English: Renminbi exchange rates, 1 RMB to US dollar by year since 1981. Data from en.wikipedia.