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2. 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]

3. List of renminbi exchange rates - Wikipedia

   en.wikipedia.org/wiki/List_of_renminbi_exchange...

   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 .

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

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

   The yuan has also enjoyed a growing share of global customer-initiated and institutional Swift payments over the past few years. But the U.S dollar has also seen growth over the same period ...

5. Renminbi - Wikipedia

   en.wikipedia.org/wiki/Renminbi

   On 10 April 2008, it traded at ¥6.9920 per US dollar, which was the first time in more than a decade that a dollar had bought less than ¥7, [63] and at ¥11.03630 per euro. Beginning in January 2010, Chinese and non-Chinese citizens have an annual exchange limit of a maximum of US$50,000.

6. Chinese Yuan at Record High vs. Greenback - AOL

   www.aol.com/2012/09/28/chinese-yuan-at-record...

   The Chinese yuan rose to its highest level against the dollar since the modern currency began trading in 1994. At its high point today, one U.S. dollar could buy 6.2838 yuan. A year ago a dollar ...

7. With the US dollar's dominance in question, here's how China ...

   www.aol.com/news/us-dollars-dominance-heres...

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8. Internationalization of the renminbi - Wikipedia

   en.wikipedia.org/wiki/Internationalization_of...

   In October, the Asian Development Bank (ADB) raised a ¥1.2bn 10-year bond, and became the first supranational agency which issued dim sum bonds and also the first issuer listed in the HKSE. The dim sum bond market grew 2.3 times from 2010 (¥35.8bn) to 2013 (¥116.6bn), with an outstanding amount at the end of 2013 of RMF 310bn. [2]

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