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Chinese Yuan news

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China's Yuan Bucks Economic Slowdown, Climbs to 7-Month High
China's yuan hit a seven-month high Tuesday, despite gathering signs of a slowdown in the country, downward pressure on the currency and struggling global financial markets.
Reserves Make Winners of Chinese Yuan, Taiwan Dollar  Bloomberg
China Claims Nations Are Dropping the Dollar for the Yuan  Town Hall
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On Forex Front, Russia Diversifying Into Chinese Yuan
Russia is diversifying away from the dollar and euro and into what everyone expects to one day be a global currency that will rival the Japanese Yen.
Bank of China Takes New Leaps to Enhance China-Russia Co-operation  Forex Magnates
Russia Seals Deal With China on Currency Swap  Wall Street Journal (blog)
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China's Yuan Plan Tested by Sole Gain Versus Dollar
Yi Gang, deputy governor of the People's Bank of China, said that Policy makers have reduced currency intervention to �almost zero,� and are getting �closer and closer� toward the goal of a market-set exchange rate.
Chinese Yuan Rises To 2-day High Against U.S. Dollar  RTT News
China's yuan rises on corporate dollar sales, set to rise 0.5 per cent ...  Economic Times
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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 yuan weakens to 6.1446 against USD  Shanghai Daily (subscription)
China launches direct currency trading with Singapore  ecns
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Chinese financial institutions expand beyond Hong Kong with yuan products
Chinese asset managers and banks have long been keen to go abroad, but their overseas business did not really pick up until the past few years when products denominated in yuan began to bestow them competitiveness against strong foreign players.
Yuan in Hong Kong Set for Biggest Monthly Advance in Three Years  Hellenic Shipping News Worldwide
Hong Kong Should Explore Dollar Peg's Future, HSBC Wong Says  Businessweek
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China's Zhou Says Some Countries Using Yuan in Reserves
Some countries are already using the Chinese yuan in their foreign-currency reserves without announcing it publicly, central bank governor Zhou Xiaochuan said.
Rising Global Use of Yuan a Slow But Natural Process, Says Fed's Williams  Wall Street Journal (blog)
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China's yuan rises on corporate dollar sales, set to rise 0.5 pct in Oct
SHANGHAI, Oct 31 (Reuters) - China's yuan edged higher against the dollar on Friday, buoyed by strong corporate dollar sales, traders said, and it is set to show a gain of 0.5 percent in October, the fifth straight month of mild appreciation.
Chinese Yuan and US dollar compete in African markets
A number of African central banks are applying to the Chinese Central Bank for currency swaps, with Zimbabwe and Ghana already using the RMB as part of their reserve currency.
U.K. Hires Banks for World's Debut Non-Chinese Bond in Yuan  Bloomberg
Why Canada needs a renminbi trading hub now  Financial Post
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Why The Chinese Yuan May Depreciate vs The Dollar
chinese yuan bankers hand On January 15, 2014, the Chinese Yuan (CNY) pivoted and started to weaken against the US Dollar (USD).
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Chinese Yuan use in global payments rises 13% from previous month to new ...
On Oct. 29, a new report came out which announced that China's use of the Yuan in global payments rose over 13% from the previous month to 1.72%, and is expected to rise much higher in light of a new agreement made earlier this week between ...
Next stop for yuan's global journey: Canada, Mideast  Gulf Times
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