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Currency News

Chinese yuan weakens to 6.6162 against USD Tuesday

11 Dec 2017 20:15Xinhua
BEIJING, Dec. 12 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 10 basis points to 6.6162 against the U.S. more

RPT-UPDATE 2-China's banks dole out record credit in 2017 as Nov loans blow ...

11 Dec 2017 17:19Reuters
BEIJING, Dec 11 (Reuters) - Bank lending in China hit a fresh record after a much stronger-than-expected surge in credit in November, even as authorities step up efforts to reduce risks in the financial system from a rapid build-up in debt. more

Chinese yuan weakens to 6.6113 against USD Tuesday

04 Dec 2017 19:41Xinhua
BEIJING, Dec. 5 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 8 basis points to 6.6113 against the U.S. more

Chinese yuan slightly weaker in November: index

03 Dec 2017 07:30Xinhua
BEIJING, Dec. 3 (Xinhua) -- China's yuan has slightly weakened against a basket of currencies in November, according to an index released by the China Foreign Exchange Trade System (CFETS). more

China's yuan eases on dollar demand, set for losing week

30 Nov 2017 23:03Nasdaq
The yuan strengthened around 0.39 percent last week. Traders said corporate dollar demand dragged the yuan lower on Friday morning. more

Chinese yuan weakens to 6.6067 against USD Friday

30 Nov 2017 20:03Xinhua
BEIJING, Dec. 1 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 33 basis points to 6.6067 against the U.S. more

Chinese yuan likely to trade in range of 6.50-6.70 over remainder of 2017 ...

30 Nov 2017 08:37EconoTimes
The declining CFETS RMB Index suggests that the Chinese yuan has underperformed a basket of currencies month-to-date amidst a widely weakening U.S. more

Russia Plans First Sale of Yuan Bonds, Tapping Chinese Investors for Funds

30 Nov 2017 04:30Wall Street Journal
HONG KONG—Russia is planning to sell yuan-denominated sovereign bonds for the first time, as it looks to Chinese investors as a new source of funding during a period of strained relations with Western nations. more
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