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CNY news

USD/CNY: yuan falls as China industrial profits point to a slow recovery
27th May
  • The USD/CNY rose to highest level since October last year after China released industrial profit data.
  • The data showed that industrial profits declined by 4.30% in April and by 27.9% from January to April.
  • The decline was slightly better than the 34.90% decline in March.

Latest CNY news

1st February
China reports expansion in manufacturing and services sectors in January amidst the Coronavirus emergency
17th January
China’s GDP drops to the worst in almost three decades
14th January
U.S lifts the label of “currency manipulator” from China sending Yuan higher in the forex market
12th January
U.S and China to reboot biannual talks to resolve economic disputes
10th January
Analysts say USD/CNY is likely to trade around 7.0 against the greenback in 2020
2nd January
Private survey shows manufacturing activity in China to have expanded in December
1st January
President Trump says he will sign the phase 1 trade deal with China on January 15th
29th December 2019
U.S – China trade optimism sends the USD/CNY below 7.0000 mark
15th December 2019
China cancels its plans of imposing additional tariffs on U.S products on December 15th
13th December 2019
U.S – China phase 1 trade deal is awaiting President Trump’s signature
25th February 2015
CNY devaluation would hit other Asian currencies hard
19th June 2014
GBP/CNY: London to become offshore clearing hub for Chinese currency
14th November 2012
Forex Outlook: CNY Appreciates as Ruling Party Meeting Ends
12th October 2012
The Renminbi (CNY) Jumps to 19-Year High against the Greenback (USD)

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