News list for " RMB"

China Merchants Bank cuts RMB deposit rates

On May 20, China Merchants Bank cut the RMB deposit interest rate on May 20, of which the demand interest rate was reduced by 5 basis points to 0.05%; the regular deposit and withdrawal three-month, half-year, one-year and two-year periods were reduced by 15 basis points, respectively 0.65%, 0.85%, 0.95% and 1.05%; the regular deposit and withdrawal three-year and five-year periods were reduced by 25 basis points, to 1.25% and 1.3% respectively. The three terms of regular zero deposit and withdr...

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2025-05-19 21:31:51
ICBC cuts RMB deposit rate by up to 25 basis points

On May 20, the Industrial and Commercial Bank of China cut the RMB deposit interest rate on May 20, of which the demand interest rate was reduced by 5 basis points to 0.05%; the fixed deposit and take-up of three months, half-year, one-year and two-year periods were reduced by 15 basis points, respectively 0.65%, 0.85%, 0.95% and 1.05%; the three-year and five-year periods were reduced by 25 basis points, respectively to 1.25% and 1.3%. The three terms of regular zero deposit and take-up, whole ...

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2025-05-19 23:55:40
Bank of China cuts RMB deposit rates

On May 20, the Bank of China cut the RMB deposit interest rate on May 20, of which the demand interest rate was reduced by 5 basis points to 0.05%; the fixed deposit and take-up three-month, half-year, one-year and two-year periods were reduced by 15 basis points, respectively 0.65%, 0.85%, 0.95% and 1.05%; the three-year and five-year periods were reduced by 25 basis points, respectively to 1.25% and 1.3%. The three terms of regular zero deposit and take-up, whole deposit and take-up, and depos...

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2025-05-20 00:12:56
According to Sina quotation, the offshore RMB rose above the 7.23 mark against the US dollar, rising more than 200 points in the day, setting a new high since the end of November last year.

According to Sina quotation, the offshore RMB rose above the 7.23 mark against the US dollar, rising more than 200 points in the day, setting a new high since the end of November last year.

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2025-02-24 03:17:36
China's Swift yuan accounted for 3.79% of global payments in January, up from 3.75% previously.

China's Swift yuan accounted for 3.79% of global payments in January, up from 3.75% previously.

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2025-02-20 01:00:22
The central parity rate of the RMB exchange rate in the interbank foreign exchange market on February 20, 2025

USD/RMB at 7.1712, up 7 points (RMB depreciation); EUR/RMB at 7.5024, down 154 points; HKD/RMB at 0.9221, up 0.1 points; GBP/RMB at 9.0743, down 281 points; AUD/RMB at 4.5730, down 53 points; CAD/RMB at 5.0720, down 166 points; 100 yen/RMB at 4.7807, up 248 points; RMB/Russian ruble at 12.2972, down 2762 points; New Zealand dollar/RMB at 4.1187, up 2 points; RMB/Ringgit at 0.61628, down 3.7 points; Swiss franc/RMB at 7.9623, down 56 points; Singapore dollar/RMB at 5.3689, down Adjust 18 o'clock.

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2025-02-20 01:15:27
1. The central bank: At the end of the fourth quarter of 2024, the balance of RMB real estate development loans was 13.56 trillion yuan, an increase of 3.2% year-on-year. 2. The central bank...

1. Central Bank: At the end of the fourth quarter of 2024, the balance of RMB real estate development loans was 13.56 trillion yuan, an increase of 3.2% year-on-year. 2. Central Bank: At the end of the fourth quarter of 2024, the balance of medium and long term loans in the real estate industry increased by 7.1% year-on-year, and the growth rate was 2.8 percentage points higher than that at the end of the previous year. 3. Xiaoyangchun in Shenzhen's property market took off, and the number of se...

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2025-02-17 07:59:44
The onshore yuan rose 10 points against the dollar from Tuesday night's close

The onshore renminbi closed at 7.3050 yuan against the US dollar (CNY) at 03:00 Beijing time, up 10 points from Tuesday night's close. Volume 28.353 billion US dollars.

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2025-02-12 19:24:48
The offshore yuan rose 9 points against the dollar from late trading in New York on Monday

The offshore renminbi (CNH) was trading at 7.3100 yuan against the US dollar at 05:59 Beijing time, up 9 points from late trading in New York on Monday, and was trading in the 7.3154-7.3057 yuan range during the day.

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2025-02-11 22:43:14
The central parity rate of the RMB exchange rate in the interbank foreign exchange market on February 10, 2025

USD/RMB at 7.1707, up (RMB depreciation) by 8 points; EUR/RMB at 7.4325, down 490 points; HKD/RMB at 0.92054, down 3 points; GBP/RMB at 8.9366, down 230 points; AUD/RMB at 4.5258, down 86 points; CAD/RMB at 5.0476, up 26 points; 100 yen/RMB at 4.7761, up 52 points; RMB/Russian ruble at 13.3034, up 133 points; New Zealand dollar/RMB at 4.0991, down 60 points; RMB/Ringgit at 0.61641, up 16.3 points; Swiss franc/RMB at 7.9192, down 341 points; Singapore dollar/RMB at 5.3201, down Adjust 159 points.

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2025-02-10 01:15:32
The central parity rate of the RMB exchange rate in the interbank foreign exchange market on February 7, 2025

USD/RMB at 7.1699, up (RMB depreciation) by 8 points; EUR/RMB at 7.4815, down 28 points; HKD/RMB at 0.92084, up 3 points; GBP/RMB at 8.9596, down 372 points; AUD/RMB at 4.5344, up 51 points; CAD/RMB at 5.0450, up 114 points; 100 yen/RMB at 4.7709, up 472 points; RMB/Russian ruble at 13.2901, down 2096 points; New Zealand dollar/RMB at 4.1051, down 48 points; RMB/Ringgit at 0.61478, up 6 points; Swiss franc/RMB at 7.9533, down 198 points; Singapore dollar/RMB at 5.3360, down Adjust 32 points.

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2025-02-07 01:15:29
The dollar just broke through the 7.3000 yuan mark against the offshore yuan

The US dollar has just broken through the 7.3000 yuan mark against the offshore RMB, the latest reported at 7.3001 yuan, down 0.12% in the day; the US dollar against the onshore RMB recently reported 7.2446 yuan, down 0.08% in the day.

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2025-02-04 08:40:54
The central parity rate of the RMB exchange rate in the interbank foreign exchange market on January 27, 2025

USD/RMB at 7.1698, down 7 points; EUR/RMB at 7.5301, up 239 points; HKD/RMB at 0.92055, up 1.1 points; GBP/RMB at 8.9592, up 581 points; AUD/RMB at 4.5307, down 55 points; CAD/RMB at 5.0051, down 144 points; 100 yen/RMB at 4.6311, down 26 points; RMB/Russian ruble at 13.5336, down 1826 points; New Zealand dollar/RMB at 4.1071, up 8 points; RMB/Ringgit at 0.60897, down 71.9 points; Swiss franc/RMB at 7.9237, down 78 points; Singapore dollar/RMB at 5.3376, up Adjust 198 points.

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2025-01-27 01:15:26
Hong Kong's digital wallet "fast speed" appreciation is expected to launch related services around mid-2025

The HKMA and the People's Bank of China have announced the expansion of the scope of digital RMB in Hong Kong, allowing Hong Kong residents to open personal digital RMB wallets (digital wallets) on their mobile phones. It is expected to launch related services around the middle of this year.

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2025-01-25 07:26:56
Trump takes the initiative to fluctuate! Offshore bears continue to trample, and the RMB moves towards 7.2?

On January 24th, the RMB suddenly rose by nearly 400 points today. Recently, the trend of the RMB has been completely different from what was expected. After the official inauguration of US President Trump, the RMB is on the rise. As of 16:30 on January 24th, Beijing time, the US dollar/offshore RMB was at 7.2432, and the cumulative rise on that day was nearly 400 points. Compared with the weakest position near 7.37 in January, it has risen by nearly 1,300 points. "The previous market expectatio...

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2025-01-24 12:12:30