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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 .
SYDNEY (Reuters) -Chinese stocks raced toward their best week since 2008 and helped lift Asian shares to 2-1/2-year highs after Beijing rolled out a huge stimulus package to revive the economy ...
The US dollar rallied rather significantly during the course of the week, reaching towards the 50 week EMA shortly after the jobs number was announced. USD/JPY Weekly Price Forecast – US Dollar ...
The euro was last $1.0609, down 0.14% on the day at around its lowest in a year, and the Japanese yen was also weaker, at 155.04 per dollar, a level that could push Japanese authorities to step in ...
The yen and yuan sign (¥) is a currency sign used for the Japanese yen and the Chinese yuan currencies when writing in Latin scripts. This character resembles a capital letter Y with a single or double horizontal stroke. The symbol is usually placed before the value it represents, for example: ¥50, or JP¥50 and CN¥50 when disambiguation is ...
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For example, an interbank exchange rate of 141 Japanese yen to the United States dollar means that ¥141 will be exchanged for US$1 or that US$1 will be exchanged for ¥141. In this case it is said that the price of a dollar in relation to yen is ¥141, or equivalently that the price of a yen in relation to dollars is $1/141.
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related to: 1 cny to jpy forecast this weekweather.com has been visited by 100K+ users in the past month