Yuan

yuan_market

China central bank tries to soothe global markets, says no basis for yuan to fall further

13/08/2015(0)
China’s central bank said on Thursday that there was no basis for further depreciation in the yuan given strong economic fundamentals, in a bid to reassure jittery global markets ... Read More
Asian Stocks

Asian stocks up despite lower yuan

13/08/2015(0)
Asian shares were up despite China sending the value of its currency, the yuan lower for the third consecutive day. Thursday’s yuan guidance rate was set 1% down, a ... Read More
bank-china

China devalues yuan for third straight day taking fix to 4-year low

13/08/2015(0)
China’s central bank continued to devalue the country’s currency for a third straight day, amid fears of a global currency war. On 13 August, the People’s Bank of China ... Read More
PBC China Central Bank 1

The PBC Spokesman Answered More Press Questions on the RMB Exchange Rate

12/08/2015(0)
1. Why does the central parity of RMB exchange rate against US dollar change nearly 1.6% on 12 August from that of 11 August? The central parity of RMB ... Read More
yuan_market

Yuan cut clobbers markets, rekindles fear of forex war

12/08/2015(0)
China’s 2 percent devaluation of the yuan hit global equities and U.S. oil prices on Tuesday with investors fearing a new currency war as well as declining Chinese economic ... Read More
Asian stocks

Asian markets down as yuan depreciates a further 1.6%

12/08/2015(0)
Chinese shares were lower on Wednesday as its central bank again devalued the yuan, following Tuesday’s record cut. The People’s Bank of China fixed the daily guiding rate for ... Read More
china

PBOC sharply cuts yuan against US dollar after weak data

11/08/2015(0)
The People’s Bank of China allowed the yuan to depreciate almost 2 percent against the U.S. dollar to levels last seen three years ago, sending a shock through currency ... Read More
chinese-flag

China About To Make History — Again

10/08/2015(0)
Any discussion of China has to open with the now-widely-understood fact that the numbers it reports are not to be trusted. Knowing this makes it easy to dismiss claims ... Read More
China-sanghai-stocks

China: Major Devaluation Coming

28/07/2015(0)
The whole “market economy” thing is turning out to be a little trickier than China’s dictators expected. To set up the story: After the 2008 crash the country borrowed ... Read More
yuan_market

China’s unravelling: Will it devalue the yuan next?

17/07/2015(0)
China is grasping at policy measures to shore up its economy CHINA could be gearing up to join the global currency wars by devaluing the renminbi. So far this ... Read More
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