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Chinese Yuan news

  
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China cuts interest rates as Yuan targets IMF
In this edition of Business Middle East we analyse the latest move of the Chinese central bank, and we take a look at the yuan's long and winding road to the IMF. A rough week for China's stock market and heavy losses in the Shanghai Composite Index ...
Euro gains on Chinese yuan and dollar after Greece defaults on IMF loan  South China Morning Post (subscription)
China's yuan falls on strong corporate dollar demand, 3-week low ...  Economic Times
Behind China's Dwindling Forex Reserves, a Plan to Boost the Yuan
If changes in China's foreign-exchange reserves are any indication, the country's central bank continued its intervention in the currency market last quarter. The goal: to bolster the yuan's exchange rate. The People's Bank of China on Tuesday reported ...
Exclusive - China's payments system scaled back; trade deals only: sources  Reuters UK
China's yuan falls flat, shrugs off better-than-expected economic data  Economic Times
Chinese yuan strengthens
Beijing, July 24: The central parity rate of the Chinese currency renminbi, or the yuan, strengthened by 3 basis points to 6.1169 against the US dollar on Friday, authorities said.
Chinese yuan strengthens to 6.1169 against USD Friday  Shanghai Daily (subscription)
China vows to keep yuan stable and widen trading band to boost sluggish ...  South China Morning Post (subscription)
China's biggest banks lend 1.3tn yuan in attempt to halt stock market meltdown
China's biggest banks have lent 1.3tn yuan (�134bn) in an attempt to halt a meltdown in Chinese shares, local media have said.
China's yuan almost unchanged  Business Recorder (press release) (blog)
China banks lend $209 bln to margin lender to lift stock prices -media  Reuters
Offshore Yuan Declines as Chinese Official Flags Outflow Risks
The offshore yuan traded freely in Hong Kong fell the most in a week with a Chinese official saying cross-border flows are becoming more volatile as the nation opens up its capital account.
OANDA to stop offering onshore Chinese yuan
The move will affect all of the subsidiaries of the company, which will see trading with USD/CNY (US dollar vs onshore Chinese yuan) unavailable from July 17th. The company reiterates, however, that in the face of USD/CNY leaving the list of trading ...
China's yuan almost unchanged on central bank guidance
SHANGHAI: China's yuan barely moved against the dollar on Friday and is set to end this week almost unchanged as the central bank fixed its guidance rate little changed for the day and for the week.
Chinese yuan weakens to 6.1192 against USD Friday  Shanghai Daily (subscription)
Yuan in Hong Kong Declines Most in a Week on Fed's Rate Stance  Bloomberg
Bank Hosts China's Yuan Clearing Centre to Spur Trade
Kenyan bank has opened a new branch that will host a clearing house for Chinese renminbi (RMB) that would allow the settlement of trade deals to help boost economic growth.
Euro and China's yuan tumble as flight to US dollar safety grips markets after ...
The US dollar strengthened against Asian currencies Monday as traders sought safety in the greenback over worries Greece will be forced out of the European single currency bloc after voters rejected the bailout package of its international creditors.
Chinese yuan weakens to 6.1176 against USD Monday | Shanghai Daily
Chinese yuan weakens to 6.1176 against USD Monday. Jul 27,2015. BEIJING, July 27 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened by 7 basis points to 6.1176 against the U.S. dollar on Monday, according to the ...