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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.
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By Fion Li, Bloomberg |
October 8, 2012
The yuan touched its highest level since 1993, nearing the strong end of the trading range allowed by the central bank, on speculation policy makers will take more steps to counter a slowdown in the U.S., the world’s largest economy.
