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Chinese Yuan news

  
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On Forex Front, Russia Diversifying Into Chinese Yuan
Russia is diversifying away from the dollar and euro and into what everyone expects to one day be a global currency that will rival the Japanese Yen.
Bank of China Takes New Leaps to Enhance China-Russia Co-operation  Forex Magnates
Russia Seals Deal With China on Currency Swap  Wall Street Journal (blog)
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China's Yuan Bucks Economic Slowdown, Climbs to 7-Month High
China's yuan hit a seven-month high Tuesday, despite gathering signs of a slowdown in the country, downward pressure on the currency and struggling global financial markets.
Reserves Make Winners of Chinese Yuan, Taiwan Dollar  Bloomberg
China's yuan hits highest level since March on c.bank guidance  Daily Mail
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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.
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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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China's yuan remains nearly flat as ruling party meeting opens
SHANGHAI, Oct 20 (Reuters) - China's yuan was little changed on Monday as the central committee of the ruling party began a four-day plenary session focusing on improving the country's legal system.
CPC convenes first plenum on "rule of law" in reform, anti-graft drive  CCTV
Chinese central bank to inject $32.8bn into banks  Gulf Times
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eToro Launching Chinese Yuan and Russian Ruble Trading as Volatility Rises
eToro becomes the latest broker to launch trading in the Chinese yuan. Going live on Monday, trading of the Chinese yuan is being added alongside that of the Russian ruble with the two being launched together. According to a representative of the firm ...
Could it be the next global reserve currency?
In March this year Zimbabwe joined a growing list of countries in Africa and the world using the Chinese currency, yuan, also known as remnibi (RMB), as one of its official currencies after its central bank added the RMB, the Japanese yen, the ...
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Chinese Yuan Rises To 7-month High Against U.S. Dollar
Data from the Chinese government showed that China's gross domestic product expanded 7.3 percent on year in the third quarter of 2014, topping expectations for an increase of 7.2 percent but slowing from 7.5 percent in the second quarter.
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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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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 +1.09% 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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