Tag: renminbi
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RMB becomes more frequently used in Latin America
A tango show in Argentina, a caipirinha in Brazil, a delicious ceviche in Peru, or a weekend beach break in Mexico. All these pleasures...
Renminbi gains strength against the US dollar
YI GANG, vice-governor of the People's Bank of China
The central parity rate of the yuan against the US dollar strengthened on Monday after...
Naira and renminbi currency swap forces USD rate down
Aminu Gwadabe, President of the Association disclosed this to reporters in Abuja, saying since the announcement, the Naira had appreciated by 10 naira against...
Renminbi cash exchange solution to bolster trade in Namibia
Chinese Ambassador to Namibia Xin Shunkang and Amit Mohan officially announced last week that Standard Bank Namibia is set to facilitate the interchange between...
Despite Depreciation Pressures, Chinese RMB Unlikely To See Sharp Drop
Though the Chinese currency, the renminbi or yuan, weakened for the third consecutive day on Tuesday, analysts have said that a sharp drop is...
