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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. Renminbi currency value - Wikipedia

    en.wikipedia.org/wiki/Renminbi_currency_value

    Renminbi currency value is a debate affecting the Chinese currency unit, the renminbi (Chinese: 人民币 Code:CNY). The renminbi is classified as a fixed exchange rate currency "with reference to a basket of currencies ", [ 1 ] which has drawn attention from nations which have freely floated currencies and has become a source of trade friction ...

  4. Renminbi - Wikipedia

    en.wikipedia.org/wiki/Renminbi

    China's transition by the mid-1990s to a system in which the value of its currency was determined by supply and demand in a foreign exchange market was a gradual process spanning 15 years that involved changes in the official exchange rate, the use of a dual exchange rate system, and the introduction and gradual expansion of markets for foreign ...

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

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

    The central bank has in the past contained volatility and disorderly moves in the yuan through its daily guidance rate to markets and through state banks’ buying and selling of the currency. The ...

  6. Yuan (currency) - Wikipedia

    en.wikipedia.org/wiki/Yuan_(currency)

    A new yuan was introduced in 1955 at a rate of 10,000 old yuan = 1 new yuan, known as the renminbi yuan. It is the currency of the People's Republic of China to this day. The term yuan is also used in Taiwan.

  7. List of circulating fixed exchange rate currencies - Wikipedia

    en.wikipedia.org/wiki/List_of_circulating_fixed...

    Fixed currency Anchor currency Rate (anchor / fixed) Abkhazian apsar: Russian ruble: 0.1 Alderney pound (only coins) [1]: Pound sterling: 1 Aruban florin: U.S. dollar: 1.79

  8. Stocks struggle on unease about higher bond yields as focus ...

    www.aol.com/news/stocks-slide-unease-over-jump...

    The People's Bank of China pulled the yuan off a three-month low versus the dollar by setting a firmer-than-expected official guidance for the exchange rate, signalling growing discomfort over the ...

  9. Rouble rebounds past 100 vs US dollar after Putin's gas ...

    www.aol.com/rouble-rebounds-past-100-vs...

    It was also up by 2.4% at 13.57, rebounding past 14, against China's yuan in trade on the Moscow stock exchange. Rouble rebounds past 100 vs US dollar after Putin's gas payments decree Skip to ...

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