Renminbi

Back to 1997? Why Chinese yuan and Hong Kong property prices ... - South China Morning Post

China is likely to “de-peg” the yuan from the US dollar in the second half of 2017, leading to a sharp depreciation of the currency and dealing a severe blow to Hong Kong's property market, brokerage and investment group CLSA said in a report on Friday.altro » Leggi

China's yuan eases on weaker fixing as US dollar strengthens ... - Economic Times

The trader expects the yuan to trade at around the 6.75 per dollar level if the dollar index hovers at 94, and the Chinese currency is likely to test a high of 6.7 if the dollar index weakens again to 92. Several traders said they had not seen major ... Leggi

Chinese yuan weakens to 6.7529 against USD Wednesday - Xinhua

BEIJING, July 26 (Xinhua) -- The central parity rate of the Chinese currency yuan weakened 44 basis points to 6.7529 against the U.S. dollar on Wednesday, according to the China Foreign Exchange Trade System. In China's spot foreign exchange market, ... Leggi

China's yuan firms on stronger fixing, but gains seen capped - Economic Times

The yuan gained around 0.1 per cent against the dollar last week, but on a trade-weighted basis against a basket of currencies of its trading partners, it edged down 0.5 per cent to 92.91 from 93.34 a week earlier, according to official data from the ... Leggi

China's yuan climbs against the dollar, boosted by Trump's troubles - CNBC

As a presidential candidate, Donald Trump turned China's currency into a campaign issue, but Republican political stumbles are now strengthening the yuan. Analysts said the newly resurgent Chinese currency, which has been slowly trending higher since ... Leggi

Chinese Yuan (CN¥) Further Gains Restricted - Live Trading News

Prior to market opening, the People's Bank of China set the yuan midpoint at 6.7410 per dollar, the highest since Oct. 20 2016, reflecting the dollar's broad weakness. Monday's official guidance was 5 pips firmer than Friday's fix at 6.7415 per dollar ...altro » Leggi

Banker says Chinese yuan internationalization may regain momentum - Xinhua

A worker counts Renminbi at a bank in Linyi, east China's Shandong province, Aug. 11, 2015.(Xinhua/Zhang Chunlei). KUALA LUMPUR, July 21 (Xinhua) -- The internationalization of Chinese renminbi (RMB), or the yuan, which seemed to have slowed down ...altro » Leggi

Is China manipulating its currency? The Big Mac and Mini Mac ... - PBS NewsHour

The argument is that China keeps its currency artificially cheap, so it can export cheaply to the rest of the world, thereby keeping Chinese workers employed making the exports. We're working on a NewsHour segment to explain all of this. It should air ... Leggi

China's yuan weakens as dollar demand offsets strongest fix in 9 ... - Economic Times

The yuan has been bid up since the second quarter of this year after Chinese authorities stepped up support for the currency in the face of entrenched bearish bets following its sharp decline in 2016. The yuan has risen 2.8 per cent against the dollar ...altro » Leggi

ViaBTC Begins Trading Bitcoin Cash (BCC) for Chinese Yuan (CNY ... - Bitcoinist

In anticipation of this split, ViaBTC has begun trading Chinese Yuan for their new Bitcoin Cash (BCC) coin. This token will support the new blockchain should the hard fork occur. BCC opened for trading on July 22, where it managed to reach a high of 5 ...altro » Leggi