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China's yuan weakens, but still set to end the week stronger - THE BUSINESS TIMES

[HONG KONG] China's yuan weakened against the US dollar on Friday as the global US dollar index rose overnight, but the Chinese currency is set to end stronger for the week. The People's Bank of China set the midpoint rate at 6.8845 per US dollar prior ...altro » Leggi

Is Devaluation of the Yuan Affecting China's Market Performance? - Market Realist

The Chinese yuan (CYB) (CNY) fell more than 6.0% in 2016 and is expected to continue its downward trend in 2017. The Fed's recent interest rate hike in the United States will most likely encourage the movement of capital from China to the United States ... Leggi

Chinese yuan strengthens to 6.8856 against USD Thursday - Xinhua

BEIJING, March 23 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 33 basis points to 6.8856 against the U.S. dollar Thursday, according to the China Foreign Exchange Trade System. In China's spot foreign ... Leggi

China's yuan slips on dollar demand, but heads for best week in two ... - Reuters

SHANGHAI China's yuan weakened against the dollar on Friday, due to corporate demand for the greenback, but the Chinese currency was on track for its best week in more than two months. The People's Bank of China set the midpoint rate at 6.8873 per ... Leggi

China's yuan firms, bolstered by hike in short-term rates - Reuters

The rise in the short-term rates was more of a market-driven adjustment, some forex traders said, adding that may "provide some support for the Chinese currency". Ken Cheung, Asian FX strategist at Mizuho Bank in Hong Kong said in a client note that ... Leggi

Yuan: China's yuan slips, but onshore rates seen lending support ... - Economic Times

HONG KONG: China's yuan fell against the U.S. dollar on Thursday, even as the central bank set a firmer midpoint, after the global dollar index rebounded from ...altro » Leggi

Kenyan banks urged to embrace Chinese Yuan - The Standard (press release)

Kenya's umbrella body of the banking industry is encouraging its members to embrace the Chinese Yuan due to the increasing importance of the Chinese economy globally, officials said on Monday. Kenya Bankers Association (KBA) CEO Habil Olaka told ... Leggi

Chinese yuan strengthens to 6.8889 against USD Wednesday - Xinhua

BEIJING, March 22 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 182 basis points to 6.8889 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System. In China's spot ...altro » Leggi

China's yuan weakens, awaits Fed rate decision | Reuters - Reuters

China's yuan traded in a tight range on Wednesday, weakening slightly against the dollar, ahead of a U.S. Federal Reserve meeting that could provide hints on ... Leggi

ANZ forecasts for the Chinese yuan - weaker on further USD strength - ForexLive

We have left our USD/CNY forecasts unchanged. We are still looking for a mild weakening of the yuan towards 7.10 against the USD by the end of 2017. Despite various administrative measures to reduce capital outflow pressures, the tendency remains ... Leggi