On Thursday, the offshore renminbi strengthened past the 7.0 level against the dollar for the first time since September 2024 ...

The recent strengthening of the renminbi against the US dollar reflects the resilience of China's economic fundamentals and ...

The Chinese yuan, or renminbi (RMB), is on a strong run, with the onshore and offshore rates on Thursday breaking through 7.01 yuan and ...

China's stimulus package has boosted market sentiment and pushed the Chinese yuan to a 16-month high. The People's Bank of China cut interest rates and reduced bank reserve requirements. But a strong ...