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Which currency is the highest in the world: A Quick Guide

In the intricate web of global finance, currencies play a pivotal role. They serve as the lifeblood of international trade, investment, and economic stability....

Which currency is the most valuable?

In the realm of international finance and trade, currencies play a pivotal role as a medium of exchange. The relative value of currencies can...

Central parity of RMB exchange rate in the interbank foreign exchange market on July 19, 2023

USD/RMB reported at 7.1486, up 33 points (RMB depreciation); EUR/RMB reported at 8.0558, up 8 points; HKD/RMB reported at 0.9149, up 5.4 points; GBP/RMB reported...

Central parity of RMB exchange rate in the interbank foreign exchange market on July 17, 2023

USD/RMB reported at 7.1326, an increase (RMB depreciation) of 8 points; EUR/RMB reported at 8.0150, a decrease of 19 points; HKD/RMB was at 0.91273, up...

Central parity of RMB exchange rate in the interbank foreign exchange market on July 14

USD/RMB was at 7.1318, down 209 points (RMB appreciation); EUR/RMB was at 8.0169, up 430 points; HKD/RMB reported at 0.91191, down 20.7 points; GBP/RMB reported...

Central parity of RMB exchange rate in the interbank foreign exchange market on July 13

USD/RMB was at 7.1527, down 238 points (RMB appreciation); EUR/RMB was at 7.9739, up 541 points; HKD/RMB reported at 0.91398, down 26.7 points; GBP/RMB reported...

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...

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...

Guan Tao: It is necessary to prevent “linear unilateral thinking” in the foreign exchange market

On July 7th, Guan Tao, the global chief economist of Bank of China Securities, said that the RMB exchange rate is supported in 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...

On July 7, China’s first “digital renminbi + TIPS customs real-time tax deduction” business was launched

On July 7th, recently, relying on the real-time customs tax deduction function of the Treasury Information Processing System (TIPS), Huaxian Optoelectronics Technology (Huizhou) Co.,...

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