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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. Template:Most traded currencies - Wikipedia

    en.wikipedia.org/wiki/Template:Most_traded...

    Currency distribution of global foreign exchange market turnover [1. Currency ... U.S. dollar: USD $, US$

  4. Renminbi currency value - Wikipedia

    en.wikipedia.org/wiki/Renminbi_currency_value

    For most of its early history, the renminbi was pegged to the U.S. dollar at ¥2.46 per USD. During the 1970s it was revalued, until it reached ¥1.50 per USD in 1980. Its value gradually declined as China embarked on a new economic course during Deng Xiaoping's leadership and transformed into a more market-based capitalistic economy. [6] [7]

  5. List of countries by foreign-exchange reserves - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    Before the end of the gold standard, gold was the preferred reserve currency. Foreign-exchange reserves is generally used to intervene in the foreign exchange market to stabilize or influence the value of a country's currency. Central banks can buy or sell foreign currency to influence exchange rates directly. For example, if a currency is ...

  6. Currency pair - Wikipedia

    en.wikipedia.org/wiki/Currency_pair

    A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market.The currency that is used as the reference is called the counter currency, quote currency, or currency [1] and the currency that is quoted in relation is called the base currency or transaction currency.

  7. ‘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 ...

  8. CORRECTED-China's yuan hits 28-month low despite fresh ... - AOL

    www.aol.com/news/chinas-yuan-hits-28-month...

    The People's Bank of China (PBOC) said it would raise the foreign exchange risk reserves for financial institutions when purchasing FX through currency forwards to 20% from the current zero ...

  9. List of countries by exchange rate regime - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    This is a list of countries by their exchange rate regime. [ 1 ] De facto exchange-rate arrangements in 2022 as classified by the International Monetary Fund .