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

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.

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

At what rate would the currency of one country have to be converted into that of another to buy the same goods and services in each country? How fast is the global economy growing? Is China ...

If you wanted to calculate the exchange rate that would be implied by the purchasing power parity theory, you would simply compare the cost of a basket of identical goods between two currencies.

The central parity rate of the Chinese currency Renminbi, or the Yuan, strengthened 45 pips to 7.1696 against the dollar on ...

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