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China foreign exchange News

China foreign exchange

18 Mar 2016

Chinese yuan strengthens to three-month high

The onshore yuan climbed to 6.4625 to the dollar as of 9.40 a.m. in Shanghai, up 214 basis points from Thursday`s close, according to China Foreign Exchange Trade System prices.

06 Feb 2016

China not going back to "old road" of capital controls

China will continue to crack down on illegal foreign exchange activities but won`t revert back to the "old road" of capital controls, the country`s top foreign exchange regulator said.

Chinese currency

14 Dec 2015

Chinese yuan weakens to four-year low

The central parity rate of the Chinese currency renminbi (yuan) weakened on Monday for the sixth consecutive day to its lowest level against the USD since July 2011.

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