Tag: #yuan
Yuan jumps after report Saudis considering its use in oil deals
The Chinese yuan reversed earlier declines and jumped toward its highs of the day following a report by Dow Jones that Saudi ...China soon to launch its sovereign digital currency
Beijing, 4th May: China is set to start the major trial of its first state-run digital currency in four major cities from ...Yuan replaces Dollar as world’s reserve currency: IMF
Lahore, 5th April: The IMF has officially green-lighted the acceptance of China’s currency – the Yuan – into the IMF’s foreign exchange ...Chinese Yuan strengthens last week
BEIJING, Nov 4 (XINHUA/APP): China’s yuan strengthened against a basket of currencies last week, according to the China Foreign Exchange Trade System ...China’s central bank skips reverse repos for 2nd day
BEIJING, Sep 30 (XINHUA/APP):China’s central bank skipped reverse repos for a second day in a row on Monday, citing abundant liquidity on ...Central bank drains 100 bln yuan from market
Beijing, Sep 26 (Xinhua/APP):China’s central bank drained 100 billion yuan (about 14.1 billion U.S. dollars) from the financial system on Thursday, with ...Guizhou to invest 20 bln yuan to step up 5G construction
GUIYANG, Sep 19 (XINHUA/APP):A total of 20 billion yuan (about 2.82 billion U.S. dollars) will be invested in 5G construction from 2019 ...China further weakens yuan rate as currency row simmers
Shanghai, Aug 7 (AFP/APP):China’s currency weakened further against the dollar as the central bank lowered the yuan’s daily reference rate again amid ...
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