The US Treasury characterized the yuan as “substantially undervalued,” and called on China to allow its exchange rate to ...

US Treasury calls for yuan strengthening, citing "substantially undervalued" status, large surpluses. Report urges China to ...

Guan Tao, global chief economist at BOC International, said: "The cut has reinforced the policy signal of stabilizing the ...

When the RMB exchange rate hovered around 7.2–7.3 in previous years, foreigners felt that prices in Shanghai were reasonable, ...

Over the past year, the People’s Bank of China, which manages the renminbi’s exchange rate, has allowed a gradual appreciation of the currency against the dollar. At the end of 2025 it crossed the ...

The CFETS RMB Exchange Rate Index serves as a crucial indicator of the yuan's performance against a basket of currencies. A decrease in this index suggests a weakening of the yuan, which can have ...

The CFETS RMB Exchange Rate Index is a key indicator that measures the value of the Chinese yuan against a basket of currencies from its major trading partners. A decrease in this index suggests a ...

The RMB exchange rate is perennially caught in the international spotlight. Some say it's too low, others that it should be lower. The PBOC (People's Bank of China), which sets a daily reference rate ...

: the previous day’s closing price and the ‘theoretical renminbi exchange rate against the US dollar that will keep the index of a currency basket unchanged over the past 24 hours’. So what is this ...