×

Currencies Chinese Yuan

  • The euro jumped to a fresh three-week high against the dollar on Friday.

  • LONDON, March 10- Finance ministers and central bankers from the G20 group of leading industrialized nations meet in Germany next week for the first time since Donald Trump was elected president of the United States. Washington has accused Germany, Japan and China of exploiting exchange rate weakness for competitive advantage over the United States.

  • LONDON, March 10- Finance ministers and central bankers from the G20 group of leading industrialized nations meet in Germany next week for the first time since Donald Trump was elected president of the United States. Washington has accused Germany, Japan and China of exploiting exchange rate weakness for competitive advantage over the United States.

  • LONDON, March 10- Finance ministers and central bankers from the G20 group of leading industrialised nations meet in Germany next week for the first time since Donald Trump was elected president of the United States. Washington has accused Germany, Japan and China of exploiting exchange rate weakness for competitive advantage over the United States.

  • LONDON, March 10- Finance ministers and central bankers from the G20 group of leading industrialised nations meet in Germany next week for the first time since Donald Trump was elected president of the United States. Washington has accused Germany, Japan and China of exploiting exchange rate weakness for competitive advantage over the United States.

  • BEIJING, March 10- Falls in China's foreign exchange reserves are normal and not unfavorable, the country's central bank governor said on Friday. China's foreign currency reserves, the world's largest, had declined for seven straight months through January, before a small increase in February, as the central bank intervened to support a weakening yuan.

  • BEIJING, March 10- China's central bank chief said on Friday he expects the yuan exchange rate to be stable this year. People's Bank of China Governor Zhou Xiaochuan added that exchange rate fluctuations are normal. Zhou made the comments at a news conference on the sidelines of China's annual parliament session in Beijing.

  • BEIJING, March 10- China will not devalue its currency to stimulate exports, a deputy governor of the People's Bank of China said. "China will definitely not devalue the yuan to stimulate exports, it will definitely not engage in a currency war. This is because China is a responsible major economy, " Yi Gang told China's Economic Daily newspaper on Friday.

  • The euro gained after ECB head Mario Draghi suggested it was less necessary to prop up the market through ultra-loose monetary policy.

  • Don't bet against China: Pro

    Peter Alexander, Z-Ben Advisors shares his bullish outlook on the Chinese yuan and China's economy.

  • The dollar rose to its highest level in five days, just below a two-month peak after a better-than-expected ADP report.

  • BEIJING, March 8- China will maintain stability in its yuan currency while allowing more two-way fluctuation to reflect changes in supply and demand, the operator of its foreign exchange trading platform said on Wednesday. But, deputy central bank governor Yi Gang has since said that China will stick to its managed floating exchange rate framework to keep the...

  • BEIJING, March 8- China will keep maintaining its yuan currency basically stable at a reasonable and balanced level, the operator of its foreign exchange trading platform said on Wednesday.

  • The dollar steadied against a basket of currencies in early European trade, still stuck below highs hit in December and January.

  • BEIJING, March 7- China's foreign exchange reserves unexpectedly rose for the first time in eight months in February, rebounding above $3 trillion as a regulatory crackdown and a steadying yuan helped staunch capital outflows. The rebound in reserves could ease fears in global markets that China will engineer another sharp one-off devaluation of the yuan,...

  • LONDON, March 7- The dollar steadied against a basket of currencies in early European trade on Tuesday, still stuck below highs hit in December and January after two weeks in which expectations for a rise in U.S. interest rates this month have soared. The biggest movers among the G10 group of major currencies were sterling and the Australian dollar, which gained...

  • BEIJING, March 7- China's foreign exchange reserves unexpectedly rose for the first time in eight months in February, rebounding above $3 trillion as a regulatory crackdown and a steadying yuan helped staunch capital outflows. The rebound in reserves could ease fears in global markets that China will engineer another sharp one-off devaluation of the yuan,...

  • China's forex reserves unexpectedly rose for the first time in eight months in February, rebounding above $3 trillion as a regulatory crackdown and weakness in the dollar helped staunch capital outflows.

  • BEIJING, March 7- China's foreign exchange reserves unexpectedly rose for the first time in eight months in February, rebounding above $3 trillion as a regulatory crackdown and weakness in the dollar helped staunch capital outflows. Reserves rose $6.92 billion during February to total $3.005 trillion, their first increase since June 2016, compared with a...

  • 100 dollar bills

    The dollar rose against the euro after a former French prime minister ruled out standing in the country's presidential elections.