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Currency News

China's yuan eases as global trade war fears hurt sentiment

07 Mar 2018 23:15Nasdaq
Instead, they monitored the latest developments on U.S. tariffs and China's possible retaliation. Chinese Foreign Minister Wang Yi said on Thursday that China would make a necessary response in the event of a trade war with the United States but said ... more

Chinese currency now tradeable at Bank Windhoek

19 Feb 2018 08:48Namibia Economist
Bank Windhoek announced this week that all its branches countrywide will start buying and selling Chinese yuan (CNY) notes. more

Yuan's Surge Against Dollar Gives China a Headache -- UPDATE

26 Jan 2018 19:52Fox Business
Driven by an unexpectedly prolonged softening of the dollar, the Chinese currency has surged to around its strongest level against the greenback since its surprise devaluation in August 2015. more

Chinese yuan weakens to 6.4401 against USD Thursday

17 Jan 2018 19:52Xinhua
BEIJING, Jan. 18 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 66 basis points to 6.4401 against the U.S. more

UPDATE 1-Bundesbank looking to place some reserves into Chinese yuan

15 Jan 2018 06:33Reuters
The Bundesbank agreed to invest in yuan, also known as renminbi, last summer, when the European Central Bank converted 500 million euros worth of its U.S. more

China's yuan eases on weaker midpoint, dollar bounce

03 Jan 2018 22:41Nasdaq
SHANGHAI, Jan 4 (Reuters) - China's yuan eased against the U.S. dollar on Thursday, after the central bank lowered its official midpoint for the first time in five days as the greenback strengthened on solid U.S. more

Stronger midpoint level drives up China's yuan

25 Dec 2017 12:45Economic Times
SHANGHAI: China's yuan firmed against the US dollar in light trading on Monday after the central bank set its official midpoint at the strongest level in over three months. more

Chinese yuan strengthens to 6.5683 against USD Monday

24 Dec 2017 19:52Xinhua
BEIJING, Dec. 25 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 138 basis points to 6.5683 against the U.S. more
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