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Chinese Yuan news

  
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Spooked by Yuan Drop: China's Megarich
SHANGHAI�China's superrich are nervously watching as the Chinese currency weakens against the dollar. Because of the extreme concentration of money at the apex of Chinese society, national stability rests to an extraordinary extent in the hands of ...
Yuan usage rising in global trade  South China Morning Post (subscription)
Chinese yuan advances to 6.1379 against USD Thursday  Shanghai Daily (subscription)
China's Yuan Tumbles on Speculation Over Central Bank Move Soon
China's yuan fell sharply in value against the dollar in offshore trading on Friday, as investors speculated the Chinese central bank could widen the currency's daily trading band as early as this weekend, paving the way for it to depreciate further ...
Many in South Korea using the Chinese yuan
Many South Koreans are choosing Chinese banks to avoid low interest rates in the country. According to the Bank of Korea, yuan-denominated deposits by residents in South Korea has surged dramatically. The yuan-denominated deposits in 2011 was $80 ...
Samsung Electronics, China trade deal give boost to South Korea's yuan ...  Reuters
China's Yuan To Overtake British Pound By 2018?
�At the current pace of growth, the Chinese yuan will easily overtake the Japanese yen as the fourth most used payments currency next year and within three years challenge the pound for third place,� say Ashmore Group economists Jan Dehn and John ...
Pressure Builds to Weaken the Yuan
Investors see more pain ahead for the Chinese yuan, as pressure mounts for Beijing to address slowing growth by devaluing its tightly controlled currency.
Opinion: Watch out: Yuan plunge is possible, warn analysts  MarketWatch
Chinese Yuan Falls To Near 2-week Low Against US Dollar  London South East
China's Yuan Tests Lower Limits
China's yuan fell to within a whisker of the lower limit of its trading band Wednesday, extending a week-long streak of similar moves, as Beijing grapples with its monetary policy and attempts to spur economic growth.
Devaluation by China is the next great risk for a deflationary world  Telegraph.co.uk
CHINA MONEY-China puts yuan back on the leash as PBOC battles outflows  Reuters
China's exchange-rate policy
CHINESE officials tired of defending their exchange-rate policy can at least appreciate the irony in the latest charges levelled against them.
The perils of internationalising the Chinese yuan
However, given the political instability in the eurozone and a potential Greek divorce from the unhappy monetary union, the very future of the euro is in doubt.
Devaluing one of the world's top-performing currencies would do more ...  Business Insider
China calls the shots in Asia's currency war  THE BUSINESS TIMES
Mainstreaming China's Yuan
Mao Zedong, whose face adorns China's bank notes, may not get around as much as Benjamin Franklin, but he is giving Queen Elizabeth II a run for her money.
Hungary Central Bank: Mulls Holding Forex Reserves in Chinese Yuan
BUDAPEST--The Hungarian central bank will this year look into whether it should hold foreign currency reserves and offer a liquidity tool in the Chinese yuan to tackle market turmoil, it said on Thursday. The move is part of the Budapest Renminbi ...