List of renminbi exchange rates

After taking control of economic policy in 1978, Deng Xiaoping opened up China to foreign trade and investment, permitting a large influx of foreign capital and sparking rapid economic growth. In 2010, China's annual level of inward foreign direct investment (FDI) reached a record US$106 billion.{{cite web|author=P. Ambre |url=http://www.stockmarketdigital.com/sectors/shanghai-se-shenzhen-se-china/china-scores-number-one-fdi-penetration-16-rise-2010 |title=China scores number one on FDI penetration, 16% rise in 2010 |publisher=Stockmarketdigital.com |date=19 January 2011 |accessdate=1 November 2011 |archive-url=https://web.archive.org/web/20111206194606/http://www.stockmarketdigital.com/sectors/shanghai-se-shenzhen-se-china/china-scores-number-one-fdi-penetration-16-rise-2010 |archive-date=6 December 2011}} As of 2013, China is the world's second-largest economy, with an estimated nominal gross domestic product (GDP) of US$8.25 trillion and a total international trade value of US$3.64 trillion.[http://www.gtig.com/en/news-view-1731.aspx 2011 China trade data]. GTIG.com. 12 January 2012. Retrieved 22 April 2012.{{cite web|url=http://www.imf.org/external/pubs/ft/weo/2012/02/weodata/weorept.aspx?pr.x=67&pr.y=4&sy=2010&ey=2017&scsm=1&ssd=1&sort=country&ds=.&br=1&c=924&s=NGDPD%2CNGDPDPC%2CPPPGDP%2CPPPPC%2CNID_NGDP%2CLP&grp=0&a= |title=World Economic Outlook Database: China |publisher=International Monetary Fund|date=October 2012 |accessdate=2 January 2013}} Since the mid-1990s, the official CNY exchange rate has been adopted by numerous international financial and governmental organizations, such as the International Monetary Fund (IMF), the World Bank and the United Nations (UN). The perceived undervaluing of the CNY by the Chinese government has led to tensions between China and other major economies.{{cite web|url=https://www.reuters.com/article/us-usa-campaign-romney-china-idUSBRE88N12M20120924|title=Obama should call China a currency manipulator: Romney aide|agency=Reuters|date=24 September 2012|accessdate=6 October 2012}}{{cite web|url=https://www.bbc.co.uk/news/business-20518490|title=US says China not a currency manipulator|publisher=BBC|date=27 November 2012|accessdate=28 November 2012}} In August 2019, US President Donald Trump designated China a currency manipulator, a designation not supported by the IMF.[https://www.politico.com/story/2019/08/09/imf-report-trump-currency-manipulation-1653096 New IMF report doesn’t back Trump’s currency manipulation charge against China]

File:1 RMB to US dollar.svg

Purchasing power parity (PPP) figures vary based on inflation and the revision of census figures in different periods. The following is a list of CNY exchange rates based on PPP, estimated according to the International Monetary Fund's World Economic Outloo wek (WEO) database from 2006–present. The exchange rate shown is Intl$. 1 to Chinese yuan (CNY).

{{Reflist}}

• [https://web.archive.org/web/20120701160201/http://www.safe.gov.cn/model_safe_en/index.jsp?id=6 China State Administration of Foreign Exchange]

Renminbi

Renminbi

Category:People's Bank of China

Category:Foreign trade of China