Chinese banks report net forex sales drop in July2017-08-17
Chinese commercial banks recorded a smaller net forex settlement deficit in July as cross-border capital flows stayed balanced and stable, the forex regulator said Wednesday.
Malaysia's currency expected to return to 4.1 against USD by year-end2017-08-16
Malaysia's currency ringgit, which has seen a good run this year, is likely to strengthen to 4.1 against the U.S. dollar by the end of this year, said a foreign exchange strategist on Tuesday.
China's new yuan loans drop in July2017-08-16
China's outstanding new yuan-denominated loans stood at 825.5 billion yuan (more than $120 billion) in July, the country's central bank said Tuesday.
Yuan rate 'has more room for maneuver'2017-08-15
China has further room to improve the controlled floating exchange rate regime, as it moves toward the ultimate goal to allowing the yuan to float freely,.
Economists see favorable outlook for RMB internationalization path2017-08-02
China's Renminbi (RMB) is expected to regain its momentum as U.S. dollar is likely to remain weak and the Belt and Road Initiative may drive the demand of RMB, economists said here Tuesday.
Chinese yuan internationalization may regain momentum: bank2017-07-24
The internationalization of Chinese renminbi (RMB), or the yuan, which seemed to have slowed down in the past year, may regain its shine in the region as China continues to enhance its financial infrastructure, according to the CEO of HSBC Malaysia.
China's forex supply, demand most balanced in 3 years: official2017-07-21
China's forex regulator said Thursday that the country was seeing its most balanced forex market supply and demand in three years due to improving economies at home and abroad as well as an intensified crackdown on irregularities.
Outbound cash flow slows in June2017-07-21
China faces less pressure from capital outflows, according to data released by its currency regulator on Thursday, and economists said the situation may continue to improve in the second half of this year.
China extends currency swap deal with Argentina2017-07-19
China's central bank Tuesday renewed a currency swap agreement with the Central Bank of Argentina.
Pressure easing on foreign exchange sales2017-07-18
China's central bank continued to see net foreign exchange sales in June as capital flight pressure persists, but a mild month-on-month increase shows that the pressure has largely eased compared to the beginning of the year, data showed on Monday.
Report: financial transaction function of RMB needs to be strengthened2017-07-18
China must seize every opportunity to strengthen the financial transaction function of renminbi, a recent report urges.
China's yuan funds for foreign exchange drops in June2017-07-18
China's central bank's yuan outstanding for foreign exchange continued to fall in June, representing the 20th straight month of decline.
Upward trend for yuan internationalization unchanged: report2017-07-17
The internationalization of the Chinese currency, the yuan or the renminbi, remains steady in the long run, despite a temporary setback last year due to a volatile exchange rate and capital outflow, said a report published Saturday.
China injects liquidity into market through MLF2017-07-14
China's central bank Thursday announced lending worth 360 billion yuan (53 billion U.S. dollars) via the medium-term lending facility (MLF) to keep liquidity stable.
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