Chinese Yuan News and Analysis from varies Financial media, we summarize all CNY news into a sitemap summary with link to related CNY News for the one who wanted to catch up Chinese Yuan price change in timely manner.
China financial regulators issued guidelines Friday to further open up financial services in the southern island province of Hainan, including increasing yuan convertibility and allowing market access to foreign investors…..
While he concedes that China has no intentions of making the yuan renminbi a reserve currency, Thiel still thinks the Asian country may have longed bitcoin because it weakens the dollar influence.. Reserve Currencies Speaking…
The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.. The previous close was 6.5516 Reuters estimate from their survey was 6.5415, Bloomberg 6.5423 ….. (A rate that’s significantly…
The People’s Bank of China set the onshore yuan reference rate for the trading session ahead.. The previous close was 6.5435 Reuters estimate from their survey was 6.5497, Bloomberg 6.5466 ….. (A rate that’s significantly…
In the past few months, we have extensively discussed the surge in shipping costs (here, here, here and here) as a result of the triple whammy of frayed supply chains, covid and the uneven global reopening, which has sent…
Promoting the development of both the onshore and offshore markets, and supporting the gradual transformation of the RMB into an international currency in a market-oriented manner, are necessary paths to implement General…
The People’s Bank of China set the onshore yuan reference rate for the trading session ahead.. The previous close was 6.5409 Reuters estimate from their survey was 6.5383, Bloomberg 6.5391 ….. (A rate that’s significantly…
The People’s Bank of China set the onshore yuan reference rate for the first trading session of the week.. The previous close was 6.5675 Reuters estimate from their survey was 6.5532, Bloomberg 6.5520 ….. (A rate that’s…
Last week, the The IMF released the latest Currency Composition of Official Foreign Exchange Reserves (COFER) report for Q4 2020.. It showed that the trend of global dedollarization has accelerated and while the Dollar share…
Last week, the The IMF released the latest Currency Composition of Official Foreign Exchange Reserves (COFER) report for Q4 2020.. It showed that the trend of global dedollarization has accelerated and while the Dollar share…
But the greenback dominance may well be more fragile than it appears, because expected future changes in China exchange-rate regime are likely to trigger a significant shift in the international monetary order.. Advertisement…
The People’s Bank of China set the onshore yuan reference rate for the trading session ahead.. The previous close was 6.5655 Reuters estimate from their survey was 6.5627, Bloomberg 6.5652 ….. (A rate that’s significantly…
The US dollar share of currency reserves plunged in the final quarter of 2020 to its lowest in 25 years, according to International Monetary Fund (IMF) data.. The greenback share of global FX reserves slipped to 59% in the…
China central bank has put its virtual yuan through a new set of paces by allowing select Hong Kong residents to use it to make payments across borders, state media reported Thursday.. Under a one-day pilot program sponsored…
According to statistics published today (Wednesday) by the Hong Kong Monetary Authority, excluding deposits created by the initial public offering (IPO)-related loans, total deposits and Hong Kong dollar deposits with authorized…
The People’s Bank of China set the onshore yuan reference rate for the trading session ahead.. The previous close was 6.5724 Reuters estimate from their survey was 6.5713, Bloomberg 6.5713 ….. (A rate that’s significantly…
Global index provider FTSE Russell has given final approval to include Chinese sovereign bonds in one of its flagship indexes, a move that is expected to draw billions of dollars of additional foreign capital into China government…
The People’s Bank of China set the onshore yuan reference rate for the trading session ahead.. The previous close was 6.5690 Reuters estimate from their survey was 6.5625, Bloomberg 6.5643 ….. (A rate that’s significantly…
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