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Chinese Yuan news

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​Russia-China trading settlements in yuan increases 800%
Settlements in yuan between China and Russia have increased ninefold in annual terms between January and September 2014, says the Chinese Ministry of Economic Development. "The settlement in national currencies between China and Russia in ...
Currency deal to bring Russia and China Closer  Russia Beyond the Headlines
Russia and China expand economic cooperation  World Socialist Web Site
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​Frankfurt begins first European direct settlements in Chinese yuan
European companies now have the opportunity to settle trading accounts in Chinese yuan. The Bank of China in Frankfurt has become the first to operate European yuan clearing.
ASX, Bank of China ink yuan trading deal  The Australian
Bank of China official clearing bank for yuan in Sydney  CCTV
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Russia's biggest bank launches financing in Chinese yuan
Sberbank, Russia's largest lender, will be the first bank in the country to start issuing credit guarantees denominated in Chinese yuan. The new yuan-based letters of credit ensure payments between buyers and sellers, with the bank acting as a router ...
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Frankfurt Open for Yuan Clearing as Liquidity Rises
One in three German companies pays and receives yuan in its business dealings, according to a survey by Deutsche Bank AG with the trade magazine �DerTreasurer.
China grants Australia 50bn yuan RQFII quota  Business Spectator
Sydney Yuan Hub Seen Saving Importers 7% in Trading: Currencies  Businessweek
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Chinese, Canadian central banks agree to 200 bln yuan currency swap
BEIJING, Nov 8 (Reuters) - The central banks of China and Canada have agreed to a currency swap worth 200 billion yuan ($32.67 billion) or C$30 billion, according to a Canadian government statement issued at a meeting of Asia Pacific nations on ...
China, Canada to expand use of yuan in trade, investment  MarketWatch
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Qatar to become first Middle East clearing hub for China's yuan
BEIJING/DUBAI, Nov 4 (Reuters) - Qatar will become the Middle East's first hub for clearing transactions in the Chinese yuan, in a step that could over the long run help Gulf oil exporting countries reduce their dependence on the U.S. dollar ...
'Dangerous Scenario': Strong Dollar To Take Down Weak China  Forbes
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Sberbank Issues Russia's First Letters of Credit in Chinese Yuan
"We are seeing growth in Russian companies' interest in settlements using national currencies, in particular Chinese yuan and, of course, Russian rubles," said Andrei Ivanov, head of Sberbank CIB's trade finance and correspondence relations department.
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China's yuan set to show biggest advance in 6 weeks
HONG KONG: China's yuan is set to score its biggest weekly gain in six weeks but the dollar's pronounced strength is making investors increasingly wary about the outlook for the Chinese currency in the coming months. By late morning, spot yuan was at ...
Chinese yuan strengthens to 6.1387 against USD  Shanghai Daily (subscription)
Chinese yuan strengthens to 6.1387 against USD Friday  ecns
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John Ivison: Stephen Harper to announce Toronto-based yuan trading hub ...
Stephen Harper is set to announce that Canada has landed a Chinese currency trading hub that should boost exports to Asia, when he visits Beijing this Saturday.
Ottawa, Beijing strike deal on yuan trading hub
Stephen Harper kicks off China trip with focus on economic issues  Toronto Star
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China Picks Singapore Dollar as Ninth Currency to Directly Trade Against Yuan
The China Foreign Exchange Trade System (CFETS) has said that the People's Bank of China has approved direct trading of the Singapore dollar against the Chinese yuan on the interbank market. Analysts say that the move will help China to diversify its ...
China launches direct trade between yuan, Singapore dollar  CCTV
Bank of China to win approval for yuan clearing in Australia -sources  Reuters
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