Monday, 26 September 2016
|FOREX : CADCNY|
26 Sep 16 00:00
BEIJING, Aug. 29 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 368 basis points to 6.6856 against the U.S. more»
12:22 | 29/8/16
The thinking is this period of calm will last at least until the Chinese yuan is added to the IMF's SDR and through the G20 meetings in China but later, the inevitability of slowing and the necessity of reforms may lead to trouble. more»
15:11 | 24/8/16
The Indian Express
China's yuan bounced back to be the fifth most-active currency for global payments in July, thanks to a big fall in payments in other currencies, global transaction service provider SWIFT said on Wednesday. more»
While declines in emerging market currencies have eased, China's yuan currency has fallen further since the Brexit vote to levels seen when China made it flexible in June 2010, Aso said. more»
Remember when China devalued the yuan back in August of last year? The world went into a frenzied panic. Was China going to do a massive one-off devaluation? That was the fear that quickly triggered selling across global stock markets and bids in ... more»
There are currently no comments on this topic.
Be the first person to Add a Comment...
You must be a registered user to post a comment: REGISTER NOW
If you are already registered, please LOGIN NOW