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Chinese Yuan news

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China's yuan currency emerging to reshape global trading patterns
The global head of yuan solutions at Deutsche Bank has perhaps the best vantage point on how trading patterns between the two largest economies in Asia and Europe are undergoing momentous change with Germany's embrace of the Chinese currency.
Yuan's slide gathers steam
The Chinese yuan's slide gathered steam on Friday, falling to its lowest level in more than five months and nearing the weak end of its trading band, as the market increasingly grows weary of a slowdown in the world's second-largest economy.
Chinese Yuan Falls To 1-week Low Against US Dollar
At yesterday's close, the yuan was trading at 6.1905 against the greenback. If the yuan extends its downtrend, it is likely to find support around the 6.207 area.
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Yuan slide accelerates as China joins emerging currency rout
"The yuan's latest bouts of falls have all been led by CNH," said a dealer at a Chinese state-owned bank in Beijing, although he added that the central bank might be less comfortable letting offshore markets take a leading role in valuing the domestic ...
Chinese Yuan Slips Against The U.S. Dollar To Levels Not Seen Since July
The U.S. Dollar has strengthened against the Chinese Yuan (USD/CNY) Thursday to highs not seen since July. Chinese policy makers typically adjust the Yuan to levels best suited for the Chinese economy and many policy makers in the United States have ...
New Zealand Central Bank to Add Chinese yuan as Reserve Currency
New Zealand's central bank has announced plans to introduce renminbi as one of the country's foreign currency reserves. New Zealand thus becomes only the second country after the UK to introduce the Chinese currency as a reserve currency. The RMB will ...
RBNZ adds yuan to NZ dollar index  CNBC
New Zealand Adds Yuan to Key Index Reducing USD Exposure. This is Why ...  Forex Magnates
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Chinese Yuan Global Payments Market Share Drops in November, Maintains ...
According to data released by Society for Worldwide Interbank Financial Telecommunication (SWIFT), the Chinese yuan's market share in global payments dropped throughout the past month as a mainland liquidity squeeze brought tight conditions to the ...
HKMA Says Yuan Trade Surge Shows Hong Kong's Role Intact  Bloomberg
Pound Sterling to Chinese Remnimbi (CNY) Forecast 2015  Pound Sterling Live
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Chinese Stock Turnover Exceeds 500 Billion Yuan
The value of shares traded on the Shanghai bourse jumped to 529.4 billion yuan ($86.1 billion), more than double the 30-day average, according to data compiled by Bloomberg stretching back to 2005.
CNH Tracker-Stock connector, dim sum issues draw on Hong Kong yuan deposits  Reuters
Hong Kong Yuan Interbank Rates Jump to 17-Month High on Link  Businessweek
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China rate cut knocks legs from under yuan rally, more volatility seen
These high yields, along with the prospect of forex appreciation, encouraged speculative "hot money" to flow into China, maintaining upward pressure on the exchange rate. Friday's rate cut now reduces the relative attractiveness of the yuan and makes ...
China rates cut not to plunge yuan  Chinadaily USA
Bad Loan Jump Targeted by Surprise PBOC Rate Cut: China Credit  Bloomberg
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Chinese yuan strengthens to 6.1153 against USD
In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.
Chinese yuan weakens to 6.1184 against USD  GlobalPost
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