| 19 Mar 2018 00:03 | The Business Times |
[SHANGHAI] China's yuan inched lower against the US dollar in thin trade on Monday, reacting to some slight strength in the greenback, while the market took the appointment of China's new central bank governor in stride.
moreChairman Wang Xiaochu told a media briefing in Hong Kong on Thursday China Unicom will cooperate with its new shareholders in cloud services, e-commerce, video content, as well as developing new businesses such as connected vehicles.
moreSHANGHAI, March 16 (Reuters) - China's central bank lent 327 billion yuan ($51.67 billion) to financial institutions on Friday via its 1-year medium-term lending facility (MLF) with rates unchanged, it said in a statement.
more| 10 Mar 2018 22:52 | The Express Tribune |
BEIJING: As China plans to further open up its market and promote free global trade and investment, its currency yuan is expected to play a greater global role.
moreBEIJING, March 10 (Xinhua) -- As China plans to further open up its market and promote free global trade and investment, the yuan is expected to play a greater global role. China has done most of what it takes to pave the way for expanded usage of yuan ...
more“U.S. dollar issuance is virtually impossible under the large supply backdrop, plus offshore yuan got decent demand,” said Eva Lau, an investor relations manager at Shimao.
moreWindhoek-Yesterday, Bank Windhoek started buying and selling Chinese Yuan (CNY) notes at all its branches countrywide. Yuan notes will be traded in addition to the current range of foreign currency notes, which are exchanged at zero percent commission ...
more“The Chinese side raised that, from their experiences, when they did trade with other countries using U.S. dollars, exchanging back and forth, they lost a lot of money,” Seang Thay told Reuters.
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