Yuan on road to two-way volatility2014-06-11
The value of the Chinese currency renminbi, or the yuan, weakened 55 basis points to 6.1506 against the U.S.dollar in its central parity on Wednesday, ending its sharp three-day rise.
Yuan bounces back as PBOC shifts reference rate2014-06-10
The People's Bank of China, the central bank, set the yuan's daily reference rate against the US dollar to its biggest single-day rise in 20 months on Monday, after the nation reported the biggest trade surplus in five years in May.
China's yuan fall 'dictated by market'2014-05-14
Recent falls in the yuan exchange rate against the US dollar are based entirely on market forces, a senior official said on Tuesday after Premier Li Keqiang met with visiting US Treasury Secretary Jacob Lew.
Yuan weakens to 16-month low against dollar2014-04-23
The yuan extended its downtrend against the dollar Wednesday to hit a 16-month low, despite the People's Bank of China (PBC), the central bank, fixing its trading point for the unit at a higher level.
Reducing risks in yuan trading2014-04-02
The yuan's recent drastic depreciation against the US dollar has underscored the need for China to set up an exchange rate stabilization mechanism and construct a financial defense framework to prevent drastic rate fluctuations and possibly damaging capital flows.
Yuan fluctuation was not engineered, economist says2014-03-26
Beijing didn't engineer the yuan's recent decline, according to Industrial Bank's chief economist Lu Zhengwei, as accusations surfaced that it had orchestrated the drop in preparation for a wider trading band.
Yuan weakens again amid new QE stance2014-03-21
The central parity rate of the Chinese currency renminbi, or the yuan, on Friday depreciated for a fourth straight day against the U.S. dollar to its weakest point in more than four months.
Yuan falls to 1-year low as parity cut2014-03-21
The Chinese yuan yesterday weakened for a fifth day to a one-year low after the central bank lowered the daily fixing due to a stronger US dollar.
Experts warn as yuan dips further2014-03-21
The yuan's fall against the US dollar will discourage fund inflows, put pressure on domestic liquidity, and may prompt the Chinese government to loosen its monetary policy, according to analysts.