archiveUS Dollar/Chinese Renminbi FX Spot Rate

Data on Monday showed U.S. services sector growth picked up in January as new orders increased and employment rebounded, indicating...

The data added to Friday's blockbuster U.S. jobs report that far exceeded expectations and forced the market to readjust its...

Since the Fed launched its aggressive rate-hike cycle in early 2022, expectations of how far U.S. rates would have to...

"Largely I think we're still basing currency movements on interest rates," and the Fed's "very determined attempt to keep interest...

Oil trades have sometimes been settled in the Chinese yuan, Russian ruble or Indian rupee, but the idea of "de-dollarization"...

The People's Bank of China is under pressure to lower interest rates and reserve rate ratios for banks as growth...