Category: Chinese Yuan

China’s yuan set for worst week since March on rising corporate dollar demand – Economic Times – Chinese Yuan

Economic Times China’s yuan set for worst week since March on rising corporate dollar demandEconomic TimesIn late May, the Chinese authorities let the yuan appreciate by more than 1 per cent, a sizable leap for a currency that normally trades within a wafer-thin range and shed 6.5 per cent to the dollar last year. However,…

1 EUR buys 7.6323 Chinese yuan renminbi (CNY) – The reference exchange rates are published both by electronic market information providers and on the ECB’s website shortly after the concertation procedure has been completed. Reference rates are published according to the same calendar as the TARGET system. Source link

Yuan bears throw in the towel – Khmer Times – Chinese Yuan

Khmer Times Yuan bears throw in the towelKhmer TimesSINGAPORE (Reuters) – A slew of Western investors and traders who placed bets in the past two years that China’s yuan currency would drop because of a weaker Chinese economy, the threat of a debt crisis and capital outflows have abandoned those …China’s Global Financial Integration: How Far,…

1 EUR buys 7.6159 Chinese yuan renminbi (CNY) – The reference exchange rates are published both by electronic market information providers and on the ECB’s website shortly after the concertation procedure has been completed. Reference rates are published according to the same calendar as the TARGET system. Source link

7 Reasons to be Bearish on the Chinese Yuan – Barron’s – Chinese Yuan

Reuters 7 Reasons to be Bearish on the Chinese YuanBarron’sExpectations for where the offshore Chinese yuan – or CNH – will be in a year’s time against the greenback have also been revised upwards to reflect a stronger yuan after Beijing introduced a counter-cyclical adjustment factor to its fixing mechanism …Chinese yuan weakens to 6.8096…

1 EUR buys 7.6342 Chinese yuan renminbi (CNY) – The reference exchange rates are published both by electronic market information providers and on the ECB’s website shortly after the concertation procedure has been completed. Reference rates are published according to the same calendar as the TARGET system. Source link

Chinese yuan deposits in Taiwan end 4-month losing streak in May – Focus Taiwan News Channel (press release) – Chinese Yuan

Chinese yuan deposits in Taiwan end 4-month losing streak in MayFocus Taiwan News Channel (press release)The gains in May were largely due to an increase in yuan deposits taken by banks’ offshore banking units (OBUs), the result, the central bank said, of Taiwanese businesses in China putting more of their funds in OBU accounts to…

1 EUR buys 7.6089 Chinese yuan renminbi (CNY) – The reference exchange rates are published both by electronic market information providers and on the ECB’s website shortly after the concertation procedure has been completed. Reference rates are published according to the same calendar as the TARGET system. Source link

1 EUR buys 7.5985 Chinese yuan renminbi (CNY) – The reference exchange rates are published both by electronic market information providers and on the ECB’s website shortly after the concertation procedure has been completed. Reference rates are published according to the same calendar as the TARGET system. Source link

1 EUR buys 7.6147 Chinese yuan renminbi (CNY) – The reference exchange rates are published both by electronic market information providers and on the ECB’s website shortly after the concertation procedure has been completed. Reference rates are published according to the same calendar as the TARGET system. Source link