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Chinese Yuan news

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Articles published

Yuan Takes Chinese Corporate Profits Down With It
Several Chinese companies reported hits to their first-half financial results from foreign-currency exchange rates, after borrowing billions of dollars from the U.S.
PRESS DIGEST - Hong Kong - Sept 4  MSN Money
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Ontario, B.C. teaming up to rally support for Chinese yuan trading hub in Canada
A push to create a yuan trading hub in Canada is gaining momentum as countries around the world race to boost their share of trading in Chinese currency, which has grown dramatically along with China's economy. The Toronto Financial Services Alliance, ...
Canada seeks to become yuan trading centre
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CNH Tracker-British bond plan boosts global role of China's yuan
However, compared with the progress on yuan use for trade and investment, getting countries to include the Chinese currency in their forex reserves is still at a very early stage, especially for developed countries. Prior to Britain's announcement ...
Chinese yuan weakens to 6.149 against USD  GlobalPost
Clearing facility to improve trade with ASEAN  ecns
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Australian Dollar (AUD) Struggles Versus US Dollar (USD) and Chinese Yuan ...
Furthermore, the Australian Dollar has seen gains against the Chinese Yuan (AUD/CNY) on Thursday, with highs of 5.5134 recorded thus far.
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Bank of China Appointed to Clear Yuan in Paris
BEIJING�China's central bank appointed Bank of China Ltd. as the clearing bank for the yuan in Paris, in its latest move to boost use of the Chinese currency overseas. The move came after the Chinese and French central banks signed a memorandum in ...
Paris, Beijing work to boost French yuan investments  Reuters
Chinese Banks in Korea Becoming Monetary �Black Holes� through Yuan Deposits  BusinessKorea
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The Weakened Yuan Is Making Chinese Companies Groan. Here's Why
The culprit is the Chinese yuan, which weakened against the U.S. dollar in the first half and still hasn't gained back all the ground.
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Bitcoin: Chinese Yuan Overtakes US Dollar in Trading Volume
More than 70% of bitcoin transactions done over the last 30 days came from trades denominated in the Chinese yuan. Chinese bitcoin exchange BTC China said in a tweet that about 71% of bitcoin trades last month came from the Chinese market.
Yuan Trades Now Make Up Over 70% of Bitcoin Volume  CoinDesk
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European centres vie for trade in Chinese currency
The renminbi, also referred to as the yuan, has leapt into the ranks of the top ten traded currencies. Nearly a fifth of China's total trade with the world is now settled in renminbi, compared to less than one percent at the start of 2009, with most of ...
China yuan weakens to 6.1663 against USD Tuesday  ecns
European Corporates Lead on Renminbi Adoption  Wall Street Journal (blog)
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Chinese yuan strengthens to 6.1455 against USD
BEIJING, Sept. 19 (Xinhua) -- The value of the Chinese currency renminbi, or the yuan, strengthened by 35 basis points to 6.1455 against the U.S.
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Britain to become first Western state to issue Chinese yuan bond: Finance Minister
LONDON (Reuters) - Britain will become the first Western government to issue an offshore bond in Chinese yuan, Finance Minister George Osborne said on Friday.
U.K. to Sell First Yuan-Denominated Bonds for Currency Reserves  Bloomberg
China, Britain vow to boost economic, financial cooperation  Xinhua
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