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Chinese Yuan news

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Taiwan's Chinese yuan deposit remittances hit high in October
18 (CNA) Chinese yuan-dominated remittances through the local banking system in Taiwan in October hit a new high since the local central bank lifted a ban to allow local banks to conduct yuan transactions in February 2013.
Short of dollars, Argentina appeals to China's Yuan to boost reserves
The Argentine Central Bank received this week the second part of a multi-billion dollar currency swap with China's Central Bank, worth the equivalent of 508 million dollars. The swap allowed Argentina to bolster its foreign reserves, which rose 506 ...
UPDATE 1-Argentina receives second currency swap from China  Reuters
Argentina bolsters reserves with new currency swap with China  La prensa
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Qatar to become first Middle East clearing hub for China's yuan
BEIJING/DUBAI, Nov 4 (Reuters) - Qatar will become the Middle East's first hub for clearing transactions in the Chinese yuan, in a step that could over the long run help Gulf oil exporting countries reduce their dependence on the U.S. dollar ...
'Dangerous Scenario': Strong Dollar To Take Down Weak China  Forbes
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Chinese Yuan Rises To 6-day High Against US Dollar
If the yuan extends its uptrend, it is likely to find resistance around the 6.10 area. The People Bank of China set today's central parity rate for yuan at 6.1397 per dollar, compared to Tuesday's reference rate of 6.1430. The central bank sets the ...
Chinese yuan strengthens  SME Times
Net FDI into Chinese financial organs hit 11.68 bln yuan  GlobalPost
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John Ivison: Stephen Harper to announce Toronto-based yuan trading hub ...
Stephen Harper is set to announce that Canada has landed a Chinese currency trading hub that should boost exports to Asia, when he visits Beijing this Saturday.
Ottawa, Beijing strike deal on yuan trading hub
Stephen Harper kicks off China trip with focus on economic issues  Toronto Star
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Chinese yuan weakens to 6.1409 against USD
BEIJING, Nov. 17 (Xinhua) -- The value of the Chinese currency renminbi, or the yuan, weakened by 10 basis points to 6.1409 against the U.S.
Yuan settlements with Russia could boost Chinese currency's regional role ...
Russian President Vladimir Putin and Chinese leader Xi Jinping have discussed prospects of introducing Yuan settlements in various sectors, said Kremlin spokesman Dmitry Peskov.
Putin says China, Russia to settle more trade in yuan  Reuters
Putin Says Russia and China Will Expand Trade in Yuan  The Moscow Times
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Why The Chinese Yuan Is Rising
The Chinese yuan is moving higher as policymakers move towards opening up capital markets, as well as enacting stimulus measures to speed economic growth.
Korea Promotes Offshore Yuan Center  Wall Street Journal (blog)
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What does an RMB trading hub mean for Canada?
�What this is, hopefully, is a wakeup call to Canadian business to do more trade with China,� said Jason Henderson, head of global banking for HSBC Canada.
Yuan trading-hub status a major win for Canada  The Globe and Mail
Yuan trading hub deal sets Canadian banks racing for the advantage  Financial Post
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Yuan Bears Say Record Dollar Debt to Fuel Decline: China Credit
Yuan bears have added Chinese companies' record dollar borrowings to the list of reasons why the currency may weaken. Chinese firms raised $196 billion from loans and bonds this year, 11 times more than the $17.7 billion of 2008, data compiled by ...
China yuan weakens to 6.1602 against USD  ecns
Yuan business to expand in the Americas with a clearing bank in Canada  THE BUSINESS TIMES
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