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A service for finance industry professionals · Thursday, April 3, 2025 · 799,649,202 Articles · 3+ Million Readers
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USD/CNY Exchange Rate News Monitoring

  • Published on Apr 2, 2025

    Dollar's record low FX reserves share not all bad news for Trump: McGeever

    (The opinions expressed here are those of the author, a columnist for Reuters.) ORLANDO, Florida  - In January, U.S. President Donald Trump warned the so-called BRICS nations against replacing, or backing any currency to take the place of, the "mighty …

    Source: Zawya - Uncategorized
  • Published on Apr 1, 2025

    Bank of Russia lowers dollar exchange rate for April 2 to 84.87 rubles

    MOSCOW, April 1. /TASS/. The Bank of Russia set the official dollar exchange rate for April 2, 2025 at 84.8707 rubles, which is 63 kopecks lower than the previous figure. The regulator lowered official euro exchange rate by 46 kopecks to 91.9643 …

    Source: TASS - Gov't Propaganda
  • Published on Mar 31, 2025

     Won-Dollar Exchange Rate Hits 15-year High Amid Resumed Short Selling

    On March 31, the first day of resumed short selling in the stock market, the won-dollar exchange rate in the Seoul foreign exchange market reached its highest level since the financial crisis, closing at 1,472.9 won. This marked an increase of 6.4 won from …

    Source: Business Korea - Neutral
  • Published on Apr 2, 2025

    Russian rouble weakens slightly amid geopolitical uncertainty

    The Russian rouble weakened slightly against the U.S. dollar on Wednesday as the market awaited further developments in talks between Russia and the U.S. on Ukraine, with President Vladimir Putin's special envoy expected to visit Washington this week. …

    Source: Zawya - Uncategorized
  • Published on Apr 2, 2025

    Global investors shift to Asia amid currency gains, earnings boost

    As global trade tensions and tariff uncertainties persist, foreign investors remain cautiously optimistic about Asian markets, drawn by multiple tailwinds that are attracting global capital. The rotation of investments from US markets to Asian equities may …

    Source: CGTN - Gov't Propaganda
  • Published on Apr 2, 2025

    Tariffs could lead to higher prices and supply chain disruptions

    (Stacker) - Since his reelection, President Trump has followed through on campaign promises to impose tariffs on America’s biggest trading partners—Canada, China, and Mexico—in an attempt to further his terms on trade, borders, and drug trafficking …

    Source: Northern News Now - Minnesota - Label Pending
  • Published on Apr 2, 2025

    Bitcoin price can hit $250K in 2025 if Fed shifts to QE: Arthur Hayes

    The Bitcoin price may still rise to over $250,000 before the end of the year, with expectations of an increasing fiat supply remaining the significant catalyst for the world’s first cryptocurrency. Bitcoin’s (BTC) 2025 price rally may be boosted by the US …

    Source: Coin Telegraph - Neutral
  • Published on Apr 2, 2025

    TRADING DAY-Nervous calm ahead of 'Liberation Day'

    The first trading day of the quarter on Tuesday was a nervy affair ahead of U.S. President Donald Trump's "Liberation Day" on Wednesday, with markets struggling for clear direction as Trump's new trade barriers loomed into view. Stocks …

    Source: The Economic Times - Label Pending
  • Published on Apr 2, 2025

    Percent of global FX reserves in dollars ticks up, amounts fall, IMF data shows

    NEW YORK (Reuters) - The amount in U.S. dollars held as reserve currency globally slipped in the last quarter of 2024 while the percentage of actual dollars held as reserve ticked up, IMF data showed on Monday. Dollar-equivalent amounts dropped also among …

    Source: Yahoo Finance - Label Pending
  • Published on Mar 29, 2025

    Dollar’s long reign set to continue

    As President Donald Trump launches his tariff war against both friends and foes of the United States, concerns are once again surfacing about the US dollar's future as the global reserve currency. China would dearly like to dethrone the mighty …

    Source: Daily Star - Neutral
  • Published on Apr 1, 2025

    Nervous calm ahead of 'Liberation Day'

    By Jamie McGeever ORLANDO, Florida (Reuters) - TRADING DAY Only 24 hours until Trump unveils new tariffs The first trading day of the quarter on Tuesday was a nervy affair ahead of U.S. President Donald Trump's "Liberation Day" on Wednesday, …

    Source: Yahoo Finance - Label Pending
  • Published on Mar 29, 2025

    End of dollar era? China’s digital yuan is reshaping global trade & causing financial power shift

    The digital yuan’s rise is not merely a financial evolution—it is a recalibration of global power structures. The global financial order is witnessing a seismic shift, and at its epicentre is China’s digital yuan. The recent launch of the digital RMB cross …

    Source: ETGovernment - Label Pending
  • Published on Mar 28, 2025

    Quantifying China’s substantial RMB undervaluation

    There is no universally accepted way to establish whether exchange rates are misaligned. Indeed, this question is especially thorny when misalignment persists for a long time because most currency valuation models tend to rationalize persistent …

    Source: The Brookings Institution - Neutral
  • Published on Mar 28, 2025

    China's int'l trade in goods, services hits 3.69 trln yuan in February

    BEIJING, March 28 (Xinhua) -- The value of China's international trade in goods and services reached 3.69 trillion yuan (514 billion U.S. dollars) in February, up 14 percent year on year, official data showed Friday. In U.S. dollar terms, the country…

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on Apr 1, 2025

    The Path of Tariff Pain

    A successful tariff wall is set to slow growth, but the downturn begins with a dollar liquidity crisis in China and ends with a crash in the US as funding pressures ricochet throughout the global banking system. Because they've historically run a large …

    Source: Zero Hedge - Label Pending
  • Published on Apr 1, 2025

    FX market turnover surges by 75.2% on increased trading

    The average turnover at the Nigerian Foreign Exchange Market (NFEM) increased by 75.17 per cent to US$296.16 million in the fourth quarter of 2024, compared with US$169.07 million in the third quarter (Q3) of 2024, reflecting increased trading activities …

    Source: Business Day - Neutral
  • Published on Apr 1, 2025

    CBN cultivates multiple FX sources to bolster inflows, lift economy

    The Central Bank of Nigeria (CBN) is cultivating major sources of FX to increase dollar inflows, boost access to manufacturers and retail end users. From moves to boost diaspora remittances through new product development, the granting licenses to new …

    Source: Daily Trust - Label Pending
  • Published on Apr 1, 2025

    India less vulnerable to external financial shocks, says Moody’s

    A day before the US announced measures related to reciprocal tariffs, Moody’s on Tuesday said that India is relatively less susceptible to external financial shocks and will be the fastest-growing advanced and emerging economy. “India has a low external …

    Source: The Hindu Business Line - Neutral
  • Published on Mar 31, 2025

    Nigeria owes IMF 306.81 SDR million in emergency loans

    120 By Daniel Adaji Nigeria currently owes 306.81 million Special Drawing Rights in emergency loans to the International Monetary Fund, according to the latest financial position report published by the global lender accessed by our reporter on Monday. The …

    Source: Point Blank News - Label Pending

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