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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.
China, US to discuss yuan, monetary policy this week  Reuters
China, US say both committed to managing differences  GMA News
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US Companies Step Up Business Conducted in Yuan
American companies are conducting a record amount of business in Chinese yuan, looking to benefit from cost advantages over dollar transactions.
Canada lags in transactions using Chinese currency  The Globe and Mail
Canadian companies are losing out by not using Chinese currency when trading ...  Business in Vancouver
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China's yuan breaks three-day rising streak, guided by weaker midpoint
HONG KONG: China's yuan snapped a three-day firming streak on Friday, after the central bank set a weaker midpoint for the third consecutive day in line with global strength in the dollar.
Chinese bank ICBC plans up to $12.9 bln preference share issue  Reuters
Chinese money rates up on IPO demand, pressure set to drop  The Malay Mail Online
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Swiss National Bank, China Agree on a Currency-Swap Deal
The Swiss and Chinese central banks said Monday that the three-year agreement will allow them to buy and sell their currencies up to a limit of 150 billion yuan, also known as renminbi, or 21 billion Swiss francs ($23.4 billion). Such swap lines allow ...
Swiss/China swap deal opens yuan  Resource Investor
China, Switzerland sign currency swap agreement  Shanghai Daily (subscription)
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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 ...
US decries weak Chinese currency  Press TV
Financial institutions of Korea, China push for direct won-yuan trading  Arirang News
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Chinese Yuan Headed for Third Straight Monthly Gains Driven by Stronger Data
The Chinese yuan is set to end the third straight month stronger in July, reversing almost a quarter of the central bank intervention-aided decline in the past three months, helped by stronger trade and growth numbers over June and July and increased ...
Yuan, Aussie Dollar Rise as HSBC Reports Strong Chinese PMI Figures
The Chinese Yuan and the Australian Dollar rose after HSBC released its primary manufacturing PMI data for China for the month of July.
China Manufacturing Gauge Rises to 18-Month High on Stimulus  Bloomberg
China's Manufacturing Data Lifts Investor Sentiment  Action Forex
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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 ...
Chinese Yuan Hits 2-week High Against U.S. Dollar After PMI Data  RTT News
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China's RMB to be next world currency - four challenges to be faced
The Chinese renminbi (RMB) will become the world's third largest currency after the U.S. dollar and Euro within five years as the country accelerates the promotion of its currency unit. A report by the International Monetary Institute of Renmin ...
The buck does stop here: Chinese currency set to close the gap between it ...  Catholic Online
Renminbi Internationalisation Embraced by the Reserve Bank of Australia  Forex Magnates
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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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