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  • China's Vice Finance Minister Zhu Guangyao tells CNBC that there's no reason to devalue the country's currency as economic fundamentals remain solid.

  • SHANGHAI, July 22- The yuan edged up against the dollar for a fourth straight day on Friday, heading for its biggest weekly gain since April, as traders said state-owned banks were suspected of supporting the currency in the morning. Friday is the last trading day before the Group of 20 finance ministers and central bankers meet in Chengdu, China this weekend.

  • China Markets

    The softness in Asian markets is because of profit taking after a strong bull run in the past week, says Ample Capital's ALex Wong.

  • 100 dollar bills

    The dollar fell after a six-week high against the yen, while the Euro showed little change after ECB keeps policy unchanged.

  • BEIJING, July 21- China's commercial banks sold a net $12.8 billion worth of foreign exchange in June, up slightly from $12.5 billion in May, but capital outflows are easing despite a weaker yuan, the country's exchange regulator said on Thursday. The People's Bank of China last week reported its June forex sales were the highest in three months as the central bank...

  • Currencies

    Speculation of more aggressive fiscal and monetary policy easing has weakened the yen and supported the Asian stock rally, says Commonwealth Bank's Elias Haddad.

  • BEIJING, July 21- China's commercial banks sold a net $12.8 billion worth of foreign exchange in June, versus net sales of $12.5 billion in May, the foreign exchange regulator said on Thursday. Net forex sales totaled $173.8 billion in the first half of the year, the State Administration of Foreign Exchange said at a news conference. The People's Bank of China last...

  • BEIJING, July 21- China's commercial banks sold a net $12.8 billion worth of foreign exchange in June, versus net sales of $12.5 billion in May, the foreign exchange regulator said on Thursday. Net forex sales totaled $173.8 billion in the first half of the year, the State Administration of Foreign Exchange said at a news conference. The People's Bank of China last...

  • Positive China Outlook

    HSBC's Steven Sun explains that his bullishness on H-shares is in part due to increased inflows from the poorly performing China markets.

  • Asia Muddling

    Asian markets will likely take a breather because Asia's economies are not showing a strong recovery, says Mirae Asset Global Investments' Rahul Chadha.

  • The dollar hit a four-month high against a basket of currencies, bolstered by strong U.S. data and expectations of Fed rate rises.

  • WASHINGTON, July 19- Foreign exchange markets are not "disorderly" in the wake of Britain's vote to leave the European Union and there is no need for the Group of 20 major economies to broadly agree to tame them, the International Monetary Fund's chief economist said on Tuesday. A number of currencies have fallen sharply against the dollar since the June 23 EU...

  • The dollar rose against a basket of major currencies after U.S. housing starts rose by more than expected in June.

  • The dollar has risen against a number of currencies buffeted by Britain's shock vote to leave the European Union, including the pound, the euro and China's yuan, which earlier on Monday fell below the psychologically important level of 6.7 to the dollar for the first time in nearly six years.. Asked if China's yuan looked undervalued, the official said there has...

  • An camera store employee counts Japanese yen notes in Tokyo, Japan.

    The Yen slips broadly as Turkey quells an attempted military coup, while calm in UK prompts sterling bump.

  • Commuters heading into the City of London walk in the rain across London Bridge, in front of the Shard skyscraper, in central London on June 27, 2016.

    The British pound could be showing signs of a false dawn, according to currency analysts, who suggest that a recent rally could soon give way to more bouts of heavy selling.

  • Japanese yen banknotes of various denominations

    The dollar spiked against the Turkish lira after gunfire was heard in the capital of Ankara on Friday.

  • ST. LOUIS, July 15- Minneapolis Federal Reserve President Neel Kashkari said on Friday "it's possible" the dollar could lose its status as the world's sole reserve currency during his lifetime. If the euro or China's yuan did become the world's reserve currency, said the 42- year-old Kashkari, it could be a positive development for the United States, whose currency...

  • ST. LOUIS, July 15- Minneapolis Federal Reserve President Neel Kashkari said on Friday "it's possible" the dollar could lose its status as the world's sole reserve currency during his lifetime. If the euro or China's yuan did become the world's reserve currency, said the 42- year-old Kashkari, it could be a positive development for the United States, whose currency...

  • China GDP up 6.7 percent in Q2

    CNBC's Eunice Yoon breaks down the data on China's economy which beat expectations but saw private sector investment growth touch a record low.