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Chinese Yuan news

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China's yuan has fully recovered from 2016 and analysts say there's still room ...
China's yuan has been on a tear all year and has now recouped last year's losses - and analysts say there's still room to run.
Chinese yuan's newfound position as haven has yet to be properly tested ...  The Straits Times
Chinese yuan strengthens to new high against US dollar  China Daily
China is performing a high-wire balancing act on the yuan
China's yuan weakened against the U.S. dollar on Monday after the government scrapped measures meant to prop up the currency.
China takes steps to rein in thriving yuan  MarketWatch
China just reversed 2 policies designed to keep the yuan from sliding  Markets Insider
China's yuan inches up as post-Fed dollar rally fades
However, the Chinese currency remains on course for its second weekly loss. It has lost more than 1,500 pips from a 21-month peak hit on Aug. 8 as a rallying yuan forced authorities to put a brake on its rise and relax some restrictions on capital ...
Economic Watch: US balance sheet reduction unlikely to weigh on yuan  Xinhua
How will Fed's balance sheet reduction affect China?  EJ Insight
3 Experts: After China Yuan Makes A Move, What's Next?
A rapid ascent in the Chinese yuan (CNY) has resulted in the highest Sharpe Ratio, a measure of returns relative to the risk-free rate, among emerging market currencies, note Claudio Piron and Ronald Man at Bank of America Merrill Lynch.
Venture fundraising in yuan soars as investors target Chinese tech firms
HONG KONG (Reuters) - China-focused venture capital funds are increasing their bets on local technology companies and a further opening of Chinese domestic capital markets, raising money in the yuan at the fastest pace in five years. Fund managers have ...
What Next for the Chinese Yuan?
In order to keep the currency from overshooting due to herd instinct and keep overall macro stability in the Chinese system, the PBoC has acted to curb the RMB's appreciation pressure. It announced on 8 September to remove the 20% reserve requirement ...
Venezuela publishes oil prices in Chinese currency to shun US dollar
CARACAS (Reuters) - Venezuela published the price of its oil and fuel in Chinese currency on Friday in what it called an effort to free the socialist-run country from the “tyranny of the dollar,” echoing a plan recently announced by President Nicolas ...
Venezuela Reports Oil Prices in Chinese Currency, Shunning the 'Tyranny ...  teleSUR English
Dropping the dollar: Venezuela lists oil price in Chinese yuan  RT
China's yuan inches up after last week's biggest slide since November
On a trade-weighted basis, the yuan weakened only 0.32 per cent against a basket of currencies of trading partners last week, according to official data from the China Foreign Exchange Trade System (CFETS). The index, published on a weekly basis, stood ...
China banks' net forex sales hit 26-month low as outflows ease  Nasdaq
What the Surging Yuan Means for China's Economy
The exchange rate's 5.7 percent advance this year has crushed depreciation pressures, allowing policy makers the freedom to loosen capital outflow controls that may impact the currency. The People's Bank of China took a step in that direction on Sept.
Central bank official says China keen to promote use of yuan in commodity pricing
The contract, which would be the first to be priced in the Chinese currency, would give China a greater say in the pricing of crude traded in Asia and be a step forward for Beijing in its bid to unseat the US dollar as the de facto commodity trading ...
Chinese yuan weakens to 6.553 against USD Tuesday  Xinhua
China's yuan slips as corporates snap up dollars, gives back Sept gains  Kitco News