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Chinese Yuan news

  
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Another Chinese Yuan Devaluation Is Coming
The recent trend of Chinese stockpiling of commodities such as oil and metals, many of which are settled in US dollars, suggests the Chinese may be preparing for a devaluation. China's growing debt problems (the majority of which are yuan based) ...
China's Yuan Traders Reminded They Can't Count on Benign Dollar
The Chinese currency has been moving in virtual lockstep with the weakening dollar versus major currencies this year, providing policy makers with a veneer of stability and exporters with depreciation against peers.
Chinese Yuan Falls To 8-day Low Against U.S. Dollar  RTT News
Chinese yuan weakens against US dollar
In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2% from the central parity rate each trading day, Xinhua news agency reported.
FxWirePro Chinese Yuan remains supported just below 6.5510, a break above ...
FxWirePro: Chinese Yuan remains supported just below 6.5510, a break above targets 6.57. Monday, May 23, 2016 6:50 AM UTC. USD/CNY is currently trading around 6.5482 marks.
The Chinese Yuan Falls And Trump Becomes President - Self Fulfilling Prophecy
Trump's declared policy is to impose onerous import tariffs on Chinese products, a policy which will scare the Chinese authorities away from significant intervention to defend the yuan. The probability of Trump becoming the next US president in itself ...
Dubai builder eyes imports as Chinese yuan dips
The founder and chairman of Dubai's Danube Group, Rizwan Sajan, said he believes the devaluation of the Chinese yuan could boost UAE imports.
CLS Asia's Rachael Hoey: integrating Chinese yuan with global FX settlement ...
In her first interview since becoming head of FX settlement system CLS's Asia office in 2013, Rachael Hoey described talks with Chinese authorities as “constructive” and “positive” and said that the business CLS does in the region had grown ...
China's yuan firms as state banks offer more dollars
The latest China Foreign Exchange Trade System (CFETS) data showed that the index for the yuan's value based on the market's trade-weighted basket stood at 97.12 last week, the lowest on record.
Yuan Gains After PBOC Sets Strongest Fixing Rate Since December  Bloomberg
Why China Won't Devalue the Yuan
China's central-bank governor, Zhou Xiaochuan, consistently denies that the country can devalue its way to faster growth, arguing that a falling yuan would harm the economy. From a purely economic point of view, Mr. Zhou is right. But that hasn't ...
Hong Kong''s Stock Exchange Aims to Launch First Yuan Benchmark Index
Hong Kong's stock exchange wants to create a benchmark index for the yuan to try to spur offshore trading of the Chinese currency, which has suffered setbacks as China slowly liberalizes the flow of money in and out of the mainland. Hong Kong Exchanges ...
Dim Sum Debt Revival Hinges on Yuan Stability Amid Default Risks  Bloomberg
Hong Kong bourse to roll out yuan futures  Nikkei Asian Review