oil region of al Hilal

Chinese Yuan Strengthens to 6.8806 against USD Tuesday

Beijing - QNA

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 92 basis points to 6.8806 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System. All eyes are fixed on the new U.S. president who drove the greenback to its strongest gain since mid-December last week, promising a "phenomenal" tax reform for U.S.Read more

Chinese Yuan Strengthens to 6.8331 against USD Tuesday

Beijing - QNA

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 241 basis points to 6.8331 against the US dollar Tuesday, according to the China Foreign Exchange Trade System. In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2% from the central parity rate each trading day, Chinese news agency (Xinhua) reported. Read more

Chinese Yuan Weakens to 6.9462 Against USD Tuesday

Beijing - QNA

The Chinese currency yuan, weakened 3 basis points to 6.9462 against the US dollar Tuesday, according to the China Foreign Exchange Trade System. In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day, according to Xinhua. The central parity rate of the yuan against theRead more

Chinese Yuan Weakens to 6.9497 Against USD Thursday

Beijing - QNA

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 2 basis points to 6.9497 against the US dollar Thursday, according to the China Foreign Exchange Trade System. In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2% from the central parity rate each trading day, China's News Agency (Xinhua) reported. Read more

Chinese Yuan Strengthens to 6.8934 Against USD Tuesday

Beijing - QNA

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 152 basis points to 6.8934 against the US dollar Tuesday, according to the China Foreign Exchange Trading System. In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2% from the central parity rate each trading day, according to China's NewsRead more

China's Yuan Weakens to 6.8904 against US Dollar Wednesday

Beijing - QNA

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 125 basis points to 6.8904 against the U.S. dollar Wednesday, (Xinhua) news agency reported citing the China Foreign Exchange Trading System. In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2% from the central parity rate each trading day. Read more

China's Yuan Strengthens to 6.8779 against US Dollar Tuesday

Beijing - QNA

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 206 basis points to 6.8779 against the US dollar Tuesday, (Xinhua) news agency reported citing the China Foreign Exchange Trading System. In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2% from the central parity rate each trading day. Read more

Chinese Yuan Strengthens to 6.7311 against US Dollar Thursday

Beijing - QNA

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 15 basis points to 6.7311 against the US dollar Thursday, (Xinhua) news agency reported citing the China Foreign Exchange Trading System. In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2% from the central parity rate each trading day. Read more

Chinese Yuan Strengthens to 6.7303 against USD Tuesday

Beijing - QNA

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 76 basis points to 6.7303 against the US dollar Tuesday, according to the China Foreign Exchange Trading System. In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2% from the central parity rate each trading day, according to China's (Xinhua)Read more

Currency volatility wanes, boding well for risk-taking

London - Arab Today

A flood of central bank cash and the prospect of more to come has crushed volatility in the foreign exchange market, prompting investors to seek higher returns in riskier currencies. The drop in market measures of how sharp exchange rate swings will be has emboldened investors and encouraged appetite for emerging country currencies and, in developed markets, the Australian andRead more