The USD/CNY exchange rate plunged to a low of 7.1300, its lowest level since November last year. What next for the yuan?

The investment bank highlighted that unlike previous episodes of yuan appreciation, the current strengthening occurred when the U.S. Dollar Index (DXY) was stable rather than rising, and when both ...

The CBI adopted the SANA system for currency exchange offices, where one euro costs 840,866 rials and $1 costs 719,618 rials. NIMA is a scheme for selling a percentage of the foreign money earned from ...