BEIJING, March 13 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Thursday by the China Foreign Exchange ...

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 32 pips to 7.1728 against the U.S.

Purchasing power parity (PPP) is an economic concept that compares the relative value of currencies by examining the cost of ...

Policy changes could impact the historically cooperative relationship between the Federal Reserve and the European Central ...

The first Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) in 2025 provided critical insights ...

Lagos State has solidified its status as one of Africa’s leading economic hubs, with its Gross Domestic Product (GDP) ...

Lagos State has cemented its position as one of Africa's economic powerhouses, with its Gross Domestic Product (GDP) hitting $259 billion based on purchasing power parity (PPP).

President Trump’s radical shifts in economic policies will leave America isolated and ignite the kind of inflation that ...

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Olu, governor of Lagos, says the state's gross domestic product (GDP) based on purchasing power parity  (PP) hit $259.75 billion in 2023 -- the second highest in Africa.