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Yuan

Asian stocks

Shanghai drops 5%, Shenzhen down 6.5% in renewed sell-off

11/01/2016(0)
Chinese markets extended an already rough start to the year Monday, losing further ground and other Asian markets came along for the ride lower. The Shanghai composite was down as much ... Read More
China-Oil-Prices_Hays

Oil prices move up from 12 year lows as China shares rise

08/01/2016(0)
Oil prices rose modestly on Friday, still within reach of 11 and a half-year lows, boosted by a recovery in Chinese shares, but persistent global oversupply and a bleak ... Read More
china

China battles to shore up stocks, yuan after globe-shaking slide

05/01/2016(0)
China moved to shore up shaky sentiment on Tuesday a day after its stock indexes and yuan currency tumbled, rattling markets worldwide, but analysts warned investors to buckle up ... Read More
china

China suspends forex business for some foreign banks: sources

30/12/2015(0)
China’s central bank has suspended at least three foreign banks from conducting some foreign exchange business until the end of March, three sources who had seen the suspension notices ... Read More
china

China central bank says to keep reasonable credit growth, yuan stable

28/12/2015(0)
China’s central bank said on Monday that it would “flexibly” use various policy tools to maintain appropriate liquidity and reasonable growth in credit and social financing. The People’s Bank ... Read More
china-UAE

UAE, China agree to set up RMB clearing hub

28/12/2015(0)
The United Arab Emirates (UAE) has signed an agreement with China to set up a clearing hub for the Chinese currency Yuan or Renminbi (People’s money), local UAE media ... Read More
china-zimbabwe

Zimbabwe to make Chinese yuan legal currency after Beijing cancels debts

23/12/2015(0)
Yuan becomes the latest currency to be approved for public transactions in Zimbabwe, as the southern African nation seeks to increase trade with Beijing. Zimbabwe has announced that it ... Read More
yuan-ruble

China’s ICBC to open clearing bank in Russia to boost yuan-ruble trade

15/12/2015(0)
The world’s largest bank by assets and market cap, China’s ICBC, is planning to open a clearing bank in Russia for trade settlements in yuan and rubles. “ICBC, as ... Read More
yuan-currency

Yuan in Biggest Weekly Drop Since Devaluation as PBOC Eases Grip

11/12/2015(0)
Central bank may enter market again after Fed decision: OCBC Yuan weakness trend is inevitable, according to Commerzbank The yuan recorded its biggest weekly drop since an August devaluation ... Read More
PBC China Central Bank 1

China Forex Reserves Fall to Lowest Level in More Than Two Years

08/12/2015(0)
Numbers suggest Beijing is struggling to control capital outflows as a U.S. rate increase looms China’s foreign-exchange hoard fell in November to its lowest level in more than two ... Read More
Broker Cyprus TopFX