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  • 04:49
    Nov, 21
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Currency News

Chinese yuan strengthens to new high against USD

31 Jan 2018 21:00Xinhua
BEIJING, Feb. 1 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, advanced to new high against the U.S. more

Pakistan Examines Chinese Proposal to Replace Dollar with Yuan

19 Dec 2017 09:21Voice of America
Officials in Pakistan say a Chinese proposal to replace the U.S. dollar with yuan for bilateral trade is under consideration. more

Chinese yuan strengthens to 6.6066 against USD Wednesday

19 Dec 2017 07:07Xinhua
BEIJING, Dec. 20 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 32 basis points to 6.6066 against the U.S. more

Pakistan considers dumping dollar for yuan in trade with China

19 Dec 2017 03:56RT
The government of Pakistan is considering a proposal to start using the Chinese yuan in trade with China, according to the Interior Minister Ahsan Iqbal, as quoted by Pakistan's English-language daily Dawn. more

Oil futures priced in Chinese yuan could arrive before Christmas

18 Dec 2017 20:03Business Insider
After years of setbacks and delays, China may be days away from launching a yuan-priced crude oil futures contract to make its currency more international and challenge the dominance of the petrodollar. Many Chinese investors eagerly anticipate the ... more

Chinese yuan strengthens to 6.6098 against USD Tuesday

18 Dec 2017 13:18Xinhua
BEIJING, Dec. 19 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 64 basis points to 6.6098 against the U.S. more

Toronto's Yuan Clearing Hub Sees Slow Trading Start

17 Dec 2017 23:15Bloomberg
Yuan flows between China and Canada are up 67 percent since the hub was established, and the currency now accounts for 15 percent of all flows between the two countries, compared with a 70 percent share for the Canadian dollar, the Society for ... more

Yuan-Priced Crude Futures Could Arrive Before Christmas

17 Dec 2017 15:56OilPrice.com
After years of setbacks and delays, China may be days away from launching a yuan-priced crude oil futures contract to make its currency more international and challenge the dominance of the petrodollar. Many Chinese investors eagerly anticipate the ... more
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