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  2. 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 .

  3. Renminbi - Wikipedia

    en.wikipedia.org/wiki/Renminbi

    However, in written Chinese contexts, the Chinese character for yuan (Chinese: 元; lit. 'constituent', 'part') or, in formal contexts Chinese: 圆; lit. 'round', usually follows the number in lieu of a currency symbol. Renminbi is the name of the currency while yuan is the name of the primary unit of the renminbi.

  4. Renminbi currency value - Wikipedia

    en.wikipedia.org/wiki/Renminbi_currency_value

    Since the Chinese economic reforms of 1978, China has become the world's biggest exporter, second largest economy and biggest manufacturer in the world. [4] [5] 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.

  5. ‘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 ...

  6. The Chinese yuan has passed the Australian, Canadian and ...

    www.aol.com/news/chinese-yuan-passed-australian...

    The US dollar remains the world's top currency, followed by the euro, yen and pound, according to the Bank for International Settlements.

  7. Morning Bid: Trump tariff threat jolts Canadian dollar, peso ...

    www.aol.com/morning-bid-trump-tariff-threat...

    And the greenback also rose to its highest since July 30 against China's yuan. Together, the peso, Canadian dollar and yuan account for more than 40% of the Federal Reserve's 'broad' dollar trade ...

  8. Reserve currency - Wikipedia

    en.wikipedia.org/wiki/Reserve_currency

    The Canadian dollar, from 2013 to 2017, was ranked fifth among foreign currency reserves in the world, overtaking Australian Dollar, but is then being overtaken by Chinese Yuan. [ 43 ] Swiss franc

  9. Stocks slip as investors cautiously await US inflation data - AOL

    www.aol.com/news/stocks-settle-nervous-wait-us...

    The yuan fell around 0.3% to 7.2803 per dollar, with the Korean won and the China-sensitive Australian and New Zealand dollars also dipping. CUTS AHEAD. The Canadian dollar touched a 4-1/2 year ...

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