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

Investing.com - UBS has issued a new forecast for the USD/CNY exchange rate, projecting the Chinese yuan will strengthen approximately 3% against the U.S. dollar over the next 12 months.

On Thursday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1063 as ...

The Chinese renminbi (CNY) has gained around 0.3% against the US Dollar (USD) since Jerome Powell's speech, Commerzbank's FX ...

China’s currency, the renminbi—widely known as the yuan—saw a significant boost on Thursday, with its central parity rate ...

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 ...

BEIJING, Aug. 29 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 33 pips to 7.1030 against the U.S. dollar Friday, according to the China Foreign ...

Although Goldman Sachs notes the possibility of limited counter-trend dollar gains, it still expects long-term dollar losses ...

Danske Bank forecasts that US dollar vulnerability will help drive AUD/USD to 0.69 on a 12-month view. The latest monthly Australian inflation data was stronger than expected with a spike in the ...

Indian rupee sinks to all-time lows against both the US dollar and offshore Chinese yuan, pressured by steep US tariffs.

The risk of foreign exchange exposure will remain high because Kenya largely transacts with the international community in US ...