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Chinese Yuan news

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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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Argentina sets swap tranche at about $800 mln in Chinese yuan -sources
The swap will permit Argentina to either pay for Chinese imports with the yuan currency or reinforce its hard currency reserves which have fallen more than a third this year to around $28.4 billion, or roughly 4.8 months of import cover. Argentina ...
​Argentina to get $1bn in currency swap with China before end of 2014  RT
China to Hand Argentina US$1 billion in Currency Swap  teleSUR English
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Bank of China Appointed to Clear Yuan in Paris
Opening clearing banks is a critical step in encouraging broader use of the yuan outside of mainland China. Clearing banks can directly tap China's currency markets to supply yuan if offshore supplies dry up. China tightly controls its currency, but it ...
Chinese Banks in Korea Becoming Monetary �Black Holes� through Yuan Deposits  BusinessKorea
Paris, Beijing work to boost French yuan investments  Reuters
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Moscow's 'Mr. Yuan' Builds China Link as Putin Tilts East
With trade-financing costs in yuan and dollars now �absolutely comparable,� Sportsmaster is able to cut its purchase costs on Chinese goods by as much as 4 percent, a considerable amount for a low-margin, high-volume business, said Sergey Agibalov, the ...
Moscow's 'Mr. Yuan' builds China bridge as Putin tilts east  Livemint
Yuan Gaining Momentum in Russia  RIA Novosti
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Malaysia Tigers Chase Singapore Lions in Yuan Race: Asean Credit
China is South Korea's biggest export partner and with only 0.3 percent of trade payments settled in the Chinese currency, the won-yuan market has the potential to grow rapidly, Goldman Sachs Group Inc. said in a report later that month. In Europe too ...
Malaysia tigers chase Singapore lions in yuan race  The Malay Mail Online
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Protests in Hong Kong drag down the HKD and Chinese yuan
The unexpected pro-democracy protests in Hong Kong over the weekend have impacted the financial markets, with the Hang Seng stock index declining by around 2.5% and the Hong Kong Dollar (HKD) falling to a six-month low against the Greenback.
The Economist explains  The Economist (blog)
With China set to open stock trading, investors lay groundwork  Dallas Morning News
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Bitcoin: Chinese Yuan Overtakes US Dollar in Trading Volume
The website, which cautions its data is "unfinished" and "may change its form completely", says the Chinese yuan claimed a 71.35% share of total bitcoin transactions over the last month, followed by 23.16% of the US dollar. Transactions in the Chinese ...
Yuan Trades Now Make Up Over 70% of Bitcoin Volume  CoinDesk
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China yuan weakens to 6.1539 against USD
BEIJING, Sept. 29 (Xinhua) -- The value of the Chinese currency renminbi, or the yuan, weakened by 31 basis points to 6.1539 against the U.S.
Chinese yuan rises to 6.147 against USD
Chinese yuan rises to 6.147 against USD. Sep 23,2014. BEIJING, Sept. 23 (Xinhua) -- The value of the Chinese currency renminbi, or the yuan, strengthened by 15 basis points to 6.147 against the U.S. dollar in its central parity rate on Tuesday ...
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China's yuan strengthens to 6-month high after strong PBOC fixing
SHANGHAI, Sept 9 (Reuters) - China's yuan strengthened to a six-month high against the dollar on Tuesday after the central bank set a sharply stronger midpoint even amid worries that the economy is slowing.
Chinese yuan's value hits six-month peak  Asia First Financial Intelligence Limited
RPT-China Aug new loans 702.5 bln yuan, in line with forecast  Reuters
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