Tag: yuan
China’s forex market turnover tops 19 trln yuan in September-Xinhua
BEIJING, Oct. 27 (Xinhua) -- China's foreign exchange market saw a turnover of 19.12 trillion yuan (about 2.66 trillion U.S. dollars) in September, [...]
Chinese digital yuan CBDC used for first time to settle cross-border oil deal
The digital yuan has been used for the first time to settle an oil transaction, the Shanghai Petroleum and Natural Gas Exchange (SHPGX) announced. Pet [...]
China’s Digital Yuan (e-CNY) Used in First International Crude Oil Trade by CBDC: Report
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China opens industrial park for digital yuan CBDC development in Shenzhen
China opened an industrial park dedicated to developing the digital yuan ecosystem on Oct. 11, according to Chinese press reports. This is the first s [...]
ForexLive Asia-Pacific FX news wrap: PBOC steps up yuan intervention
The
People’s Bank of China is continuing to hold the CNY (and therefore
the CNH also) from falling in value further. The Bank set the USD/CNY
referen [...]
Digital Yuan app adds prepaid Mastercard VISA top-ups for tourists
Tourists planning on visiting the People's Republic of China can now pre-charge Digital Yuan wallets using VISA and Mastercard payment options as the [...]
China’s forex market transacts 26.45 trln yuan in August-Xinhua
BEIJING, Sept. 22 (Xinhua) -- The Chinese foreign exchange market recorded transactions worth 26.45 trillion yuan (3.69 trillion U.S. dollars) in A [...]
Chinese property giants hit hard with nearly USD 3 billion in forex losses
ANI |
Updated: Sep 21, 2023 08:31 IST
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FOREX-Dollar slips off six-month high, yuan boosted by China data
By Elizabeth HowcroftLONDON, Sept 15 - The U.S. dollar was just below a six-month high in early European trading on Friday, having strengthened overni [...]
PBOC increases offshore yuan bills issuance to stabilize currency By Investing.com
The People's Bank of China (PBOC) plans to issue a larger batch of offshore yuan bills in an effort to stabilize the weakening yuan, accordin [...]
US Dollar takes a beating in Monday’s selloff with Yuan and Yen as biggest winners
The US Dollar is wounded on Monday as the Greenback sinks in every major pair.
No focal data points on Monday, which means no catalysts [...]
Rupee advances tracking yuan rally on comments from China forex regulator
A man counts Indian currency notes inside a shop in Mumbai, India, August 13, 2018. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing RightsMU [...]
Asia FX muted, Chinese yuan hits 2008 low as U.S. tensions weigh By Investing.com
© Reuters.
Investing.com-- Most Asian currencies moved little on Friday as weak data from Japan ramped up concerns over slowing global economi [...]
US dollar flat, but on track for eight straight weeks of gains; yuan sinks
U.S dollar's eight-week winning streak is longest since 2014But dollar index weekly gains getting smaller -analystChina's onshore yuan hits 2007 lowCa [...]
FOREX-US dollar flat, but on track for eight straight weeks of gains; yuan sinks
(Adds analyst comment, updates prices) * U.S dollar's eight-week winning streak is longest since 2014 * But dollar index weekly gains getting smaller [...]