The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 85 pips to 7.1907 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System. In China's ...
The U.S. dollar is likely to strengthen more against Asian currencies in 2025, Goldman Sachs said, noting USD/CNY could rise toward 7.4000-7.5000. USD/CNY was last 0.1% higher at 7.2367.
E-commerce giant Alibaba ( NYSE: BABA) to offer U.S. dollar-denominated senior unsecured notes and RMB-denominated senior ...
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