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Chinese Yuan news

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Russia adds yuan as currency reserve
The Central Bank of Russia has included the Chinese yuan in its reserve currency basket, TASS reports. The move is expected to boost the yuan's presence in the Russian financial market.
Yuan Can Take Up to 20% of Russian International Currency Reserves  Sputnik International
Russia's Central Bank adds yuan to reserve currency basket — sources  TASS
Exclusive: China's yuan may enter IMF basket with lower share - sources
China's yuan may enter the International Monetary Fund's benchmark currency basket at a lower weighting than previously estimated as the IMF considers rejigging the basket to better reflect financial flows, people briefed on the Fund's discussions told ...
Westerners Should "Be Very Afraid" of Friday's Chinese Yuan ...  Money Morning
BAML: Get ready for the biggest Chinese devaluation in more than 20 years
There was a frenzy of speculation about Chinese currency devaluation earlier this year after a series of surprise moves that weakened the yuan (also called the renminbi) against the dollar. With hindsight, most analysts interpreted discussion of ...
Is Short Chinese Yuan The New Short Yen?  ValueWalk
Real Effective Exchange Rates Vs. Market Rates: The RMB (Chinese Yuan)  Seeking Alpha
South Korea welcomes Chinese yuan
Chinese banks now rank second in asset weight of foreign banks in South Korea, after the United States. CCTV reporter U-Jean Jung went to the Bank of China's Seoul office to find out why. Yang Geum-ja is withdrawing yuan notes for her son to spend in ...
Coming of Age: China's Yuan To Join SDR Basket As IMF Reserve Currency  Gold Seek
IMF to Invite Yuan Into SDR Currency Basket
Why isn't the yuan rising despite IMF support?
"The inclusion doesn't in the near term materially change the currency fundamentals or fundamental demand conditions for the renminbi given capital account constraints and the fact that the existence of CNH [China's offshore yuan] for many years ...
China's yuan takes leap toward joining IMF currency basket  Reuters
UPDATE 2-IMF currency basket review of Chinese yuan set for November
The Chinese government has set its sights on securing a place for the yuan in the Special Drawing Rights basket alongside the U.S.
This could be a historic month for China's currency  Business Insider
CORRECTED-UPDATE 1-Chinese yuan's diplomatic charge covers commercial retreat
SHANGHAI, Nov 4 Even as the International Monetary Fund prepares to accept China's yuan in its basket of reserve currencies, a major diplomatic victory for Beijing's campaign to internationalise the currency, foreign companies are growing more sceptical.
Chinese yuan's diplomatic charge covers commercial retreat  The Fiscal Times
Forex: Chinese yuan drops after shift by central bank  Channel News Asia
DGCX to launch Chinese yuan futures next month
The Dubai Gold and Commodities Exchange (DGCX) is scheduled to launch Chinese Yuan Futures on December 18, subject to regulatory approvals, as part of the exchange's efforts to make the yuan accessible to regional and global participants as China ...
DGCX to launch Chinese Yuan Futures in December 2015  CPI Financial
UPDATE 2-Chinese yuan makes biggest one-day gain vs dollar since 2005
HSBC currency strategist Dominic Bunning in London, the biggest hub for yuan trading outside Asia, said the steps China was taking to liberalise the yuan, also called the renminbi, meant moves of this scale would become more common. "We're going to ...
China's Onshore Yuan Posts Biggest Daily Gain Since 2014  Wall Street Journal
Biggest gain in decade for China's yuan  RT
China's Yuan Dreams Pit Germans Against Rest of Exchange World
For years, if not decades, just about every financial center in the world has tried to set up a yuan trading hub outside China. Countless memorandums of understanding and letters of cooperation have been signed, numerous official state visits made.
Frankfurt yuan trading starts on new China platform  GlobalPost