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By Ye Xie and Belinda Cao, Bloomberg |
June 18, 2013
Currency strategists from Barclays Plc to Deutsche Bank AG are telling investors to sell the yuan, this year’s best-performing emerging-market currency, as growth slows in the world’s second-largest economy and inflows wane.
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By Bloomberg News |
May 9, 2013
China’s overnight money-market rate rose for a second day on speculation the central bank will curb the cash supply.
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By Fion Li, Bloomberg |
May 6, 2013
The yuan fell in Hong Kong’s offshore market by the most in 15 months and the onshore spot rate retreated from a 19-year high as China stepped up scrutiny of cash transfers from abroad.
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By Justin Pugsley |
April 22, 2013
Quantitative easing does not equal competitive currency devaluations – at least that's the message the Group of 20 tried to convey at its April 18-19 gathering.
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By Fion Li and Andrea Wong, Bloomberg |
March 29, 2013
China’s yuan rose to a 19-year high after the central bank raised its daily reference rate to the strongest level in more than 10 months.
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By Matthew Leising |
March 13, 2013
The top executive at a major Hong Kong exchange says China will open its markets and allow its currency to float within five years.
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By Justin Pugsley |
March 13, 2013
U.S. and Japanese central bank quantitative easing programs are placing China between a rock and a hard place in which a revaluation of the Chinese yuan vs. the U.S. dollar may turn out to be the least bad solution.
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By Fion Li and Ye Xie, Bloomberg |
February 27, 2013
For the first time, China’s yuan has overtaken the Russian ruble for transactions in the global payment system, according to Society for Worldwide Interbank Financial Telecommunication, a financial messaging platform.
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By Kasia Klimasinska and Ian Katz, Bloomberg |
November 27, 2012
The Obama administration declined to brand China a currency manipulator, while saying the yuan “remains significantly undervalued.”
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By Fion Li, Bloomberg |
October 30, 2012
China’s yuan gained, approaching a 19-year high, after the Bank of Japan announced fresh stimulus and on speculation its trading band may be widened.
