| 31 Mar 2018 08:17 | Aljazeera.com |
In an attempt to reshape the global oil market, the Shanghai International Energy Exchange has launched the first crude futures contracts priced in Chinese renminbi, or yuan. China, the world's biggest oil importer buys around nine million barrels of ...
moreMarch 13 (Reuters) - The following table shows rates for Asian currencies against the dollar on Tuesday. CURRENCIES VS U.S. DOLLAR Change on day as of 0143 GMT Currency Latest bid Previous day Pct Move Japan yen 106.340 106.41 +0.07 Sing dlr 1.313 1 ...
moreThe SDR's valuation is based on a basket of major international currencies reviewed by the IMF every five years. China's yuan made it to the basket in October 2016 for the very first time. The move was welcomed by the PBC back then, which described it ...
moreBEIJING, Feb. 23 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 48 basis points to 6.3482 against the U.S.
more| 08 Jan 2018 18:00 | OilPrice.com |
“The increased threat of renewed U.S. banking/USD sanctions on Iran alone is likely to boost Iran's interest in the new Yuan oil contract,” said Bjarne Schieldrop of SEB.
more| 22 Dec 2017 09:00 | Center for Research on Globalization |
Pakistan is considering replacing the U.S. dollar with the Chinese yuan for bilateral trade between Pakistan and China, Pakistan's Minister for Planning and Development Ahsan Iqbal said according to Dawn Online and The Economic Times.
moreBEIJING, Dec. 22 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 26 basis points to 6.5821 against the U.S.
moreBEIJING, Dec. 21 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 271 basis points to 6.5795 against the U.S.
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