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Chinese Yuan news

  
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China's yuan dips on corporate dollar demand, could end the week flat
SHANGHAI, Oct 24 (Reuters) - China's yuan inched lower against the dollar on Friday, pushed down by corporate dollar demand and a slightly lower central bank midpoint, traders said.
Chinese Yuan Falls To 2-day Low Against US Dollar  London South East
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China's Yuan Hits New Half-Year High, This Time Due to Alibaba
Despite possible yuan appreciation pressure Alibaba's dollar sales could bring, some traders say it may also help the yuan to continue its mild rise, ignoring the dollar's recent broad gains.
Tech billionaires top China's rich list  CCTV-America
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Chinese Yuan and US dollar compete in African markets
A number of African central banks are applying to the Chinese Central Bank for currency swaps, with Zimbabwe and Ghana already using the RMB as part of their reserve currency.
U.K. Hires Banks for World's Debut Non-Chinese Bond in Yuan  Bloomberg
Why Canada needs a renminbi trading hub now  Financial Post
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Chinese currency stocks grow despite economic slowdown
The exchange rates of the yuan are stable at the moment, while a rebound of China's purchasing manager index indicates that the Chinese economy is back on the right track, making the yuan the most valuable currency after the dollar, Chuang noted.
Yuan dips  Business Recorder
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Reserves Make Winners of Chinese Yuan, Taiwan Dollar
While all emerging-Asia exchange rates will weaken through mid-2015, China's yuan and Taiwan's dollar will post the smallest declines of about 1 percent each, according to ABN Amro Bank NV.
Europe Eyes Chinese Yuan as Future Reserve Currency  EconomyWatch.com
China's yuan hits highest level since March on c.bank guidance  Daily Mail
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China's Yuan Rises to 33-Week High as Manufacturing PMI Jumps to 3-Month ...
The Chinese yuan has rallied to a 33-week high with data showing manufacturing activity continuing to expand albeit at a slower rate in the world's second largest economy.
China Allows Direct Trading of Yuan, Euro in Interbank Market
"Direct trading brings together the [yuan] with the world's second-most actively traded currency, and is a significant step in [the yuan's] globalization," said Ryan Song, head of markets for China at HSBC Holdings. HSBA.LN -0.36% HSBC Holdings PLC (UK ...
Yuan to Start Direct Trading With Euro as China Pushes Usage  Bloomberg
China's yuan rebounds, offshore investors wary of Hong Kong unrest  Daily Mail
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China's yuan edges higher after long holiday break, gains limited
By Saikat Chatterjee HONG KONG, Oct 8 (Reuters) - China's yuan edged higher on Wednesday after a week-long holiday break, as the central bank fixed the yuan's daily midpoint broadly in line with market expectations.
HSBC Calls for More Panda Bonds on Onshore Yuan Demand  Businessweek
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CNH Tracker- China's overseas investment schemes set to freshen offshore ...
HONG KONG Oct 24 (Reuters) - China is studying pilot schemes that will allow domestic investors to make overseas investments using the Chinese currency, a move that could pump fresh oxygen into the stagnant offshore yuan pool. "The central bank is ...
Why The Chinese Yuan May Depreciate vs The Dollar
chinese yuan bankers hand On January 15, 2014, the Chinese Yuan (CNY) pivoted and started to weaken against the US Dollar (USD).
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