Shortly after the exchange launched, Reuters reported on March 29 that Chinese regulators had informally asked a handful of financial institutions to prepare for pricing China's crude imports in the yuan, according to three sources at some of the ...
more| 10 May 2018 02:57 | Bloomberg |
The yuan has fallen about 1.2 percent since the start of April thanks to the rebound in the greenback, after the biggest quarterly advance in a decade in the three months through March.
moreSHANGHAI, May 10 (Reuters) - China's yuan recovered on Thursday, buoyed by corporate dollar sales and despite a weaker central bank fixing, after plumbing a 3-1/2-month low against the U.S.
more“As the U.S. dollar heads higher, it is unlikely that the Chinese yuan will be immune to this move. But, we expect USD/CNY to continue to range trade in the near term amid U.S.
moreBy Vivek Mishra. BENGALURU, May 10 (Reuters) - China's yuan is forecast to move only a little in the coming months as authorities keep a tight leash on the currency until it becomes clear whether the trade spat with the United States will worsen, a ...
moreSHANGHAI, May 9 (Reuters) - China's yuan weakened to a 3-1/2 month low against the U.S. dollar on Wednesday as broad strength in the greenback continued to pressure emerging market currencies.
moreSHANGHAI, March 14 (Reuters) - China's yuan rose against the dollar on Wednesday after the sudden dismissal of U.S. Secretary of State Rex Tillerson sent the greenback lower and China's central bank lifted its official midpoint to a two-week high.
moreBEIJING, March 14 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 13 basis points to 6.3205 against the U.S.
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