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Chinese Yuan news

  
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Chinese Yuan Continues Its Drop Against the Dollar
The Chinese yuan continued to drop against the U.S. dollar Thursday, extending a reversal in fortune this month that shows how vulnerable the currency remains to policy changes from Beijing.
Chinese yuan weakens to 6.5883 against USD Tuesday
BEIJING, Oct. 17 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 44 basis points to 6.5883 against the U.S.
China Sept total social financing rises to 1.82 trln yuan
SHANGHAI, Oct 14 Reuters) - China's total social financing (TSF), a broad measure of credit and liquidity in the economy, rose to 1.82 trillion yuan ($276.66 billion) in September from 1.48 trillion yuan in August, data from the central bank showed on ...
China's yuan inches up slightly as investors eye leadership meeting  Nasdaq
China's yuan eases as corporate dollar demand offsets stronger fix
A possible widening of the yuan's trading band after the party congress has been widely discussed in the market this week, following central bank governor Zhou Xiaochuan's comment about continuing to reform the central bank's foreign exchange rate ...
Chinese yuan strengthens to 6.5841 against USD  Xinhua
China Sept new yuan loans rise to 1.27 trln yuan, above forecast
SHANGHAI, Oct 14 (Reuters) - Chinese banks extended 1.27 trillion yuan ($193.05 billion) in net new yuan loans in September, well above analysts' expectations.
Nathaniel Taplin  Wall Street Journal
China's Yuan Is Anything But Stable as Party Congress Approaches
The turning point for the currency came when the People's Bank of China eased a forwards trading rule that made betting against the currency more expensive -- a clear signal that the surge had gone far enough. A mild recovery in the greenback thanks to ...
Yuan extends losses to nearly 0.5 pct after breaching key level  Reuters
Chinese yuan weakens to 6.5945 against USD Monday  Xinhua
Dollar Blow: China Launches New 'Yuan-Ruble' Payment Mechanism
This week it was announced that China has established a 'payment versus payment' (PVP) system to clear Chinese yuan and Russian ruble transactions. The aim, we're told, is to to “reduce risks and improve the efficiency” of its foreign exchange system.
Chinese yuan set for its best quarter since 2011
China's yuan is heading for its biggest quarterly advance since 2011 but the noticeable sharp reversal in the currency this week highlights growing expectations in the US Federal Reserve raising US interest rates in December, which in turn is boosting ...
China's yuan eases to over 1-month low as dollar firms on Trump tax hopes  Economic Times
Chinese yuan weakens to 6.6285 against USD Thursday  Xinhua
Yuan Looks to China Q3 GDP, Party Congress for Further Strength
The offshore Chinese Yuan gained against the US Dollar this week, following four consecutive losses; the PBOC's guidance as well as the Dollar weakness have both contributed to the rally.
US Softens China FX Criticism, Cuts Taiwan From Watch List
The U.S. Treasury said no major trading partner is manipulating its currency to gain an advantage in trade, while lauding China for acting to avoid a “disorderly” depreciation and then allowing the yuan to rise against the dollar this year.
Trump administration again declines to name China currency manipulator  Reuters