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Chinese Yuan news

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IMF Official Says Chinese Yuan No Longer Undervalued
BEIJING—China's currency is no longer undervalued given recent appreciation, but the government should pick up the pace in loosening controls on the exchange rate, a senior International Monetary Fund official said Tuesday.
IMF Says Chinese Yuan No Longer Undervalued  MarketPulse (blog)
China's yuan currency 'no longer undervalued': IMF  Yahoo News
IMF Says China's Yuan No Longer Undervalued
China's currency is no longer undervalued given its recent appreciation, but the government should pick up the pace in loosening controls on the exchange rate, the International Monetary Fund said.
Chinese yuan weakens to 6.1198 against USD Wednesday  Xinhua
Chinese yuan no longer undervalued, says IMF  The Straits Times
US dollar hits over 12-year high against Japanese yen; Chinese yuan strengthens
The yuan, on the other hand, strengthened against the greenback after posting loses for four straight trading days, even after the People's Bank of China set the benchmark midpoint rate at a stronger level of 6.1202 against the dollar. The onshore yuan ...
Dollar soars to more than 12-year high against yen  DunyaNews Pakistan
How the Chinese Yuan Will Dethrone the US Dollar
Detractors have called China a currency manipulator. They say it has stifled wage growth and kept labor costs low to weaken the Chinese yuan and bolster its exports, all while exporting deflation to the rest of the world, but primarily the United States.
China's currency is about to get a huge global endorsement  Quartz
The Chinese Yuan Vs. The U.S. Dollar  Seeking Alpha
Chinese Yuan accounts for 2.07% of global payments in April 2015: SWIFT
The latest edition of RMB Tracker by SWIFT is out, showing once again the resilient demand for Chinese Yuan when it comes to international payments.
China shares tank, Shanghai sees record high 1.2 trln yuan turnover  Reuters
Flying too high  The Economist
China's yuan changes little against dollar as central bank keeps rates steady
SHANGHAI: China's yuan was little changed against the dollar on Thursday as the central bank kept its daily guidance rate largely steady, a sign that monetary authorities are keen to keep the currency stable for now, traders said.
Chinese Yuan Rises To 2-day High Against US Dollar  London South East
China's yuan extend losses as dollar continues to climb  South China Morning Post (subscription)
China's Yuan May Draw $1 Trillion on Getting IMF Reserve Status
At least $1 trillion of global reserves will switch into Chinese assets if the International Monetary Fund endorses the yuan as a reserve currency this year, according to Standard Chartered Plc and AXA Investment Managers. People's Bank of China ...
Here's Why Gold Is Crucial to Your Financial Well-Being
Bernanke Says Currency Mismatch a Risk for China Policy Makers
China needs to create deep and liquid markets to avoid currency risks as it makes the yuan a convertible currency, former Federal Reserve Chairman Ben S. Bernanke said in Shanghai. “China needs to avoid currency mismatch as it opens its capital account ...
Let them eat more credit  Livemint
Economies pushing more trade in RMB  ecns
Here Comes the Yuan
Investors and economists may follow every twist and turn of China's financial overhaul, but Beijing takes the long view.
Chinese yuan weakens as PBOC sets mid-price at a lower level, sterling climbs
The Chinese yuan weakened on Friday against the US dollar after release of poor Chinese trade figures, while the country's central bank also set the mid-price at a lower level.
China's yuan forward, further uptick seen limited  ecns