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  2. Chinese customs gold unit - Wikipedia

    en.wikipedia.org/wiki/Chinese_customs_gold_unit

    The CGU's value, fixed against the US dollar, fluctuated against the Chinese yuan, based on the current yuandollar and yuan–sterling market exchange rates. After the UK abandoned gold in September 1931, only the yuandollar rate was used until 1933, when the sterling price of gold in the London market determined the value of the CGU.

  3. List of renminbi exchange rates - Wikipedia

    en.wikipedia.org/.../List_of_renminbi_exchange_rates

    The following is a list of CNY exchange rates based on PPP, estimated according to the International Monetary Fund's World Economic Outloo wek (WEO) database from 2006–present. The exchange rate shown is Intl$. 1 to Chinese yuan (CNY).

  4. Chinese gold yuan - Wikipedia

    en.wikipedia.org/wiki/Chinese_gold_yuan

    The legal exchange rate was 0.22217 grams of gold per gold yuan but it could not be honored. [1] The sharply depreciating Fabi currency was at the rate of one golden yuan of the yen to 3 million fabi yuan, and this rate was used for the compulsory collection of public gold, silver, and foreign currency. [1]

  5. Federal Reserve Economic Data - Wikipedia

    en.wikipedia.org/wiki/Federal_Reserve_Economic_Data

    The economic data published on FRED are widely reported in the media and play a key role in financial markets. In a 2012 Business Insider article titled "The Most Amazing Economics Website in the World", Joe Weisenthal quoted Paul Krugman as saying: "I think just about everyone doing short-order research — trying to make sense of economic issues in more or less real time — has become a ...

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

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

    For instance, investing in gold is a great alternative because unlike the U.S. dollar, which has lost 98% of its purchasing power since 1971, gold’s purchasing power remains more stable over time.

  7. Renminbi currency value - Wikipedia

    en.wikipedia.org/wiki/Renminbi_currency_value

    This is seen as a move to a more fully free-market floating of the Renminbi. 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 ...

  8. Exclusive-Chinese authorities are considering a weaker yuan ...

    www.aol.com/exclusive-chinese-authorities...

    A pledge to "maintain the basic stability of the RMB exchange rate at a reasonable and balanced level" was included in the CEWC summaries from 2020, 2022 and 2023. It was not included in those ...

  9. Gold as an investment - Wikipedia

    en.wikipedia.org/wiki/Gold_as_an_investment

    Conversely, share movements also amplify falls in the gold price. For example, a 10% fall in the gold price to $540 per troy ounce ($17/g) will decrease that margin to $240, which represents a 20% fall in the mine's profitability, and possibly a 20% decrease in the share price.