BEIJING, April 10 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 43 basis points to 6.3071 against the U.S.
more| 09 Apr 2018 02:16 | Bloomberg |
The yuan weakened as much as 0.2 percent to 6.3186 per dollar in onshore trading on Monday, before trading little changed as of 5:49 p.m.
more| 07 Apr 2018 14:41 | teleSUR English |
China has recently overtaken the United States as the world's number one oil buyer, according to market data. However, Chinese stock is susceptible to attacks by the United States, in effect, undermining the potential of the Petro-Yuan, as well as ...
moreDon't be fooled by the Chinese yuan's drop on Trump's trade-war bluster. Forward markets show investors are actually betting on it to stabilize, boosting the outlook for South Korea's won and the Taiwan dollar along the way.
moreChina surpassed the U.S. as top oil importer last year, importing 8.4 million barrels per day versus U.S. imports of 7.9 barrels per day.
more| 04 Apr 2018 15:28 | MarketWatch |
To date, the Trump administration has not taken any direct action against the yuan. But if it views Chinese exports and investments as a threat, it may be only a matter of time before it targets the Chinese currency, too. Since the 2008 global ...
more| 02 Apr 2018 21:53 | The Quint |
Beijing, April 3 (IANS) The central parity rate of the Chinese currency renminbi, or the yuan, weakened 69 basis points to 6.2833 against the US dollar on Tuesday, according to the China Foreign Exchange Trade System.
more| 02 Apr 2018 16:03 | OilPrice.com |
Just days after Beijing officially launched Yuan-denominated crude oil futures (with a bang, as shown in the chart below, surpassing Brent trading volume) which are expected to quickly become the third global price benchmark along Brent and WTI, China ...
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