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Chinese Yuan news

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Yuan Hits 3-Month High as US Officials Visit
SHANGHAI�The Chinese yuan hit a three-month high Wednesday, as U.S. Treasury Secretary Jacob Lew pressed his Chinese counterparts to let the currency rise and fall according to market forces.
Factbox: Development of China's yuan payment systems  Reuters
China Faces Yuan on Yuan as U.S. Decries Weak Currency  Bloomberg
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China Central Bank Guides Yuan Higher
SHANGHAI�The Chinese yuan hit a three-month high Wednesday, under guidance from the central bank, a day after U.S. Treasury Secretary Jacob Lew pressed his Chinese counterparts to let the currency rise and fall according to market forces.
China, US say committed to managing differences  Firstpost
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China's yuan global ambition faces payments hurdle
The China International Payments System (CIPS) that would replace a patchwork of networks and allow hassle-free yuan payments was meant to debut later this year, but bankers say it is unlikely to be ready before 2016. The slippage might be good news ...
Chinese Yuan Logs Biggest Gain In 2 1/2 Years Against Dollar
A clerk counts Chinese 100 yuan banknotes at a branch of China Construction Bank in Hai'an, Jiangsu province June 10, 2014.
China to Start Direct Foreign-Exchange Trades With UK  Wall Street Journal
Osborne hails 'momentous progress' in UK-China links  ITV News
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Canada lags in transactions using Chinese currency
In a survey that included U.S., British, French, German, Australian, Taiwanese and Hong Kong-based businesses, oOnly 5 per cent of Canadian companies reported that they had done cross-border business using the Chinese yuan, or renminbi.
US Companies Step Up Business Conducted in Yuan  Wall Street Journal
Canadian Companies Trail Peers in Using Yuan, HSBC Says  Bloomberg
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China to Set Yuan Clearing Banks in Luxembourg, Paris
In its continued push to make the yuan a global currency, China's central bank said Sunday it plans to designate clearing banks for its currency in Paris and Luxembourg, as the two financial centers battle with London to become the leading European ...
China yuan strengthens to 6.1523 against USD  Shanghai Daily (subscription)
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Chinese Yuan Sees Biggest Weekly Jump In Years
The Yuan climbed 0.64% against the dollar this week, the most since December 2011, writes Robert Savage at Track Research. The People's Bank of China lowered its USD/CNY fixing by 257 pips (price interest point, where one pip equals 0.0001) in the ...
Asian currencies advance as China allows yuan rise  Taipei Times
Yuan's best week in nearly three years  Sydney Morning Herald
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Lew to Press China on Yuan Appreciation
WASHINGTON�U.S. Treasury Secretary Jacob Lew said Tuesday he would press China in high-level talks next week for more currency appreciation amid U.S.
China's yuan undervalued: Lew  Business Spectator
Lew Calling for Fair Trade Says China Should Allow Yuan to Rise  Bloomberg
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China yuan rises to 6.1443 against USD Thursday
The value of the Chinese currency renminbi, or the yuan, gained sharply by 122 basis points to 6.1443 against the U.S. dollar in its central parity on Thursday, according to the China Foreign Exchange Trading System.
China Yuan Back to Rising Trend on Strong Fundamentals, Awaits The 8 July ...
China's yuan is headed to end the second consecutive month stronger against the dollar, further distancing from the 19-month low of 6.2673 touched on 30 April as most indicators released during June surprised on the higher side.