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Currency News

China extends 200 bln-yuan currency swap deal with Australia

30 Mar 2018 03:15Reuters
BEIJING, March 30 (Reuters) - China's central bank has extended a bilateral currency swap agreement worth 200 billion yuan ($31.88 billion) with the Reserve Bank of Australia for another three years. more

EM ASIA FX-Malaysian ringgit, Chinese yuan firm; Sing dollar slightly weaker

29 Mar 2018 21:18Reuters
March 30 (Reuters) - The following table shows rates for Asian currencies against the dollar at 0207 GMT. CURRENCIES VS U.S. DOLLAR CURRENCIES VS U.S. more

China's Central Bank Eyes Crypto as Possible Yuan Risk

29 Mar 2018 07:00Coindesk
China's central bank has said cryptocurrencies will be one of its top priorities this year, in an effort to protect the national currency. According to an announcement Thursday, People's Bank of China (PBoC) has outlined its agenda for the coming year ... more

China Takes First Step for Petro-Yuan to Break Global Dominance of Dollar

29 Mar 2018 06:03News18
US bank Goldman Sachs said in a note to clients this week that the success of Shanghai's crude futures was "indirectly promoting the use of the Chinese currency." Reuters. Updated:March 29, 2018, 5:07 PM IST. facebook Twitter google skype whatsapp ... more

The Chinese yuan hits a multi-year high against the dollar

27 Mar 2018 05:52Business Insider
The Chinese yuan is on the charge in Asia, hitting the strongest level against the greenback since August 2015. Having seen the US dollar fall heavily against all major currencies, except the Japanese yen, on Monday, the People's Bank of China (PBOC ... more

China's Yuan Jumps to Highest Since 2015 as Trade Tensions Ease

27 Mar 2018 03:31Bloomberg
China's currency touched its highest level in almost three years amid signs that a trade war may be averted, before erasing gains as the greenback rebounded. more

China's Central Bank Sends Yuan Surging

27 Mar 2018 00:02Wall Street Journal
China's central bank guided the yuan to its strongest level against the U.S. dollar since its surprise devaluation more than 2½ years ago on Tuesday, and market participants can't agree on why it has appreciated. more

China rolls out petro-yuan, shaking up oil futures market

26 Mar 2018 17:18The Santiago Times
BEIJING - China has launched the highly anticipated yuan-backed crude oil futures in Shanghai, eyeing on rival benchmarks Brent and WTI as well as the U.S. more
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