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Chinese Yuan news

  
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British pound weak against dollar before polls, Chinese yuan trades lower
The British pound weakened against the US dollar on Thursday in front of the general elections in that country and its soft tone was matched by the Chinese yuan even though the country's central bank remained steadfast in setting the mid-price for the ...
Schumer says IMF 'wrong' about Chinese currency valuation
Charles Schumer, a New York Democrat, says the IMF is 'wrong' about the value of China's currency. WASHINGTON (MarketWatch) - Sen. Charles Schumer said Thursday the International Monetary Fund is wrong about the value of the Chinese currency, ...
Is China Backing the Yuan with Gold?
chchinagold Over the last several years, there have been many stories about the rising Chinese economy and an increasing role for the Chinese currency on the world stage. Some have gone so far as to predict that the Chinese yuan will take over the U.S. ...
The Chinese Yuan Bond ETF (DSUM)
If you're looking to invest in bonds that aren't sensitive to U.S. interest rate fluctuations, then you might consider PowerShares Chinese Yuan Dim Sum Bond Portfolio (DSUM) exchange-traded fund (ETF). The purpose of this ETF is to track the ...
Bundesbank Sees IMF Decision as Key to Yuan as Reserve Currency
The International Monetary Fund holds the key to the Chinese yuan becoming an international reserve currency through a review of its Special Drawing Rights basket, according to Bundesbank board member Joachim Nagel.
Keep Congress out of currencies  Chicago Tribune
China and Middle East strengthen ties despite growth dip  euronews
SOFAZ to invest in Chinese Yuan in mid-year
Azerbaijan's state oil fund SOFAZ, an entity that accumulates and manages Azerbaijan's oil and gas revenues, plans to invest $500 million in bonds, denominated in Chinese Yuan in June of this year. The relevant agreement has already been signed with ...
BRIEF-China's Jiuzhitang to acquire Beijing pharma firm for 6.5 bln yuan
Says plans to acquire Beijing Youbo Pharmaceutical valued at 6.5 billion yuan ($1.05 billion) via share issue. Source text in Chinese: bit.
China's yuan back to being 5th biggest payment currency in the world
The Chinese yuan returned to its position as the fifth biggest payment currency in the world after sinking to the seventh in February, as more foreign companies shifted in settling trade or boosted their investment in China assets.
Chinese Yuan Regains Fifth Position in Global Currency Rankings  Payment Week
Chinese yuan strengthens to 6.1169 against USD Wednesday  Xinhua
Chinese Yuan Rises To 4-day High Against US Dollar
Against the greenback, the yuan rose to a 4-day high of 6.1955. At yesterday's close, the yuan was trading at 6.1963 against the greenback.
Chinese yuan strengthens to 6.1131 against USD Friday  GlobalPost
Yuan Records Weekly Advance on Recovery Signs, Fed Rate Delay  Bloomberg
BRIEF-China Fortune Land's unit to issue up to 2.8 bln yuan commercial paper
May 25 China Fortune Land Development Co Ltd. * Says unit plans to issue up to 2.8 billion yuan ($451.54 million) commercial paper.