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Central parity of RMB exchange rate in the interbank foreign exchange market on July 12, 2023

USD/RMB was at 7.1765, down 121 points (RMB appreciation); EUR/RMB was at 7.9198, down 183 points; HKD/RMB reported at 0.91665, down 13.8 points; GBP/RMB reported...

Daily Global Foreign Exchange Market News Express (July 11)

1. Fed-Bostic reiterated: I don’t think it is necessary to raise interest rates to see inflation return to 2%. Mester: Could have hiked in...

Central parity of RMB exchange rate in the interbank foreign exchange market on July 11

USD/RMB reported at 7.1886, down 40 points (RMB appreciation); EUR/RMB reported at 7.9381, up 347 points; HKD/RMB reported at 0.91803, down 5.4 points; GBP/RMB reported...

Central parity of RMB exchange rate in the interbank foreign exchange market on July 10, 2023

USD/RMB was at 7.1926, down 128 points (RMB appreciation); EUR/RMB was at 7.9034, up 165 points; HKD/RMB reported at 0.91857, down 23.8 points; GBP/RMB reported...

1 Euro Equals How Many Swiss Francs?

Currency exchange rates are an essential aspect of international trade, travel, and financial transactions. For individuals and businesses dealing with different currencies, understanding the...

Central parity of RMB exchange rate in the interbank foreign exchange market on July 7, 2023

USD/RMB was at 7.2054, down 44 points (RMB appreciation); EUR/RMB was at 7.8869, up 228 points; HKD/RMB reported at 0.92095, down 11.3 points; GBP/RMB reported...

How Many Swiss Francs to the Euro: A Comprehensive Guide

The exchange rate between two currencies serves as a crucial indicator of their relative value in international markets. For businesses, investors, tourists, and individuals...

Mastering the Forex Market: Finding the Best Time to Trade

The Forex market, with its global nature and 24-hour trading cycle, offers ample opportunities for traders. However, not all trading hours are created equal....

Dollar Has ‘further Upside’

Goldman Sachs analysts Michael Cahill and Lexi Kanter said that credit conditions in the United States have not tightened as initially feared, and economic...

Dollar/Yen Flat in Early Trade as Debt Ceiling News Roils Markets

The dollar opened mixed in Sydney against a basket of currencies amid jitters over the U.S. debt ceiling. EUR/USD held steady after rising to 1.0815...

Zero Spread Accounts: The Ultimate Guide for Traders

As a trader, you're always looking to maximize your profits and minimize your costs. One way to do this is by using a zero...

The Top 5 Currencies with the Highest Value in INR

Currencies around the world have different values and exchange rates compared to the Indian Rupee (INR). Some currencies have a higher value than the...

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