Currencies
Yuan's exchange rate to remain stable: statistics bureau2018-08-14
The exchange rate of Chinese currency renminbi, or yuan, will remain stable at a reasonable and balanced level in the mid- to long-term, said a spokesperson of the National Bureau of Statistics (NBS) Tuesday.
Expert: Yuan to remain stable2018-08-14
Despite expectations of a weakening yuan this year, a former senior official believes the Chinese currency should not see major fluctuations, and could become free-floating relatively soon, probably in less than three years.
Trend of capital inflows to keep yuan steady2018-08-14
China has seen steady growth of capital inflows in the first half this year, in terms of both foreign direct investment and holdings of onshore financial products.
Chinese yuan weakens in July2018-08-04
China's yuan weakened more than 3 percent against a basket of currencies in July, according to a China Foreign Exchange Trade System (CFETS) index.
Nation sees balanced cross-border capital flows2018-07-20
China saw generally balanced cross-border capital flows in the first half, while sound economic fundamentals and improving forex management could help the nation better manage capital outflows.
Chinese banks see net forex purchase in H12018-07-19
Chinese commercial banks reported a net forex purchase in the first half of the year, the country's forex regulator said Thursday.
RMB deposits up in Taiwan2018-07-19
The renminbi-denominated deposit balance of Taiwan's financial institutions totaled 311.25 billion yuan (about 46 billion U.S. dollars) at the end of June, according to data released by the island's monetary authority.
RMB rate to stay stable, reasonable2018-07-18
Market fluctuations will not prevent the renminbi from becoming more free-floating, especially as major economic indicators point to it having strong foundations which will dismiss depreciation speculation in the second half this year, said a leading financial expert.
RMB Bitcoin trading falls below 1 pct of world total2018-07-07
Bitcoin trading in the Chinese currency, renminbi(RMB), has fallen to less than 1 percent of the world's total, from a peak of more than 90 percent, China's central bank said Friday.
Yuan's exchange rate to remain basically stable: PBOC chief2018-07-04
The exchange rate of Chinese currency renminbi, or yuan, will remain basically stable at a reasonable and balanced level, China's central bank governor Yi Gang said Tuesday.
Central bank chief expresses full confidence in yuan2018-07-04
Central bank officials expressed full confidence on Tuesday in maintaining a stable and reasonable exchange rate for the yuan against the backdrop of escalating China-US trade friction and a strong US dollar.
Forex reserve managers more optimistic about renminbi: survey2018-06-18
Foreign exchange reserve managers have become more optimistic about the renminbi and predict bigger global influence of the Chinese currency in the coming years, a private survey showed.
RMB internationalization enters new phase: HKEX chief executive2018-06-12
The launch of Bond Connect has led RMB internationalization to a new phase, where international financial institutions can begin to use RMB to manage their balance sheet.
Adopting Chinese yuan as reserve currency makes sense for Africa: Rwandan analyst2018-06-11
It"completely makes sense"for Rwanda and other African countries to use the Chinese yuan as a reserve currency, especially for those transacting with China, a Rwanda economic analyst said.
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