Industry & Trade China’s yuan global push to facilitate Chinese investments in Egypt: experts Noha Gad Oct 9, 2016 0 The Chinese yuan's recent inclusion in the International Monetary Fund (IMF)'s Special Drawing Rights (SDR) basket…
forex news Yuan joins elite club of IMF’s reserve currencies Yomna Yasser Oct 1, 2016 0 China's yuan has joined Saturday the International Monetary Fund's (IMF) basket of reserve currencies in a…
forex news China central bank: yuan’s global acceptance to be driven by market Noha Gad Aug 15, 2016 0 The internationalization of the yuan has exceeded people's expectations and its global acceptance will be driven by…
forex news China’s yuan firms as companies cover short positions Noha Gad Aug 3, 2016 0 China's yuan firmed on Wednesday as some corporates covered their short positions after an unexpected dollar…
Banks China C.bank to inject 30 billion yuan via seven-day reverse repos Noha Gad Jul 13, 2016 0 China's central bank will inject 30 billion yuan ($4.49 billion) into money markets through seven-day reverse bond…
International News China foreign debt falls as yuan depreciation fears resurface Noha Gad Jun 30, 2016 0 China's outstanding foreign debt fell by $51.7 billion in the first quarter to $1.36 trillion, the foreign exchange…
forex news Yuan, Aussie sink on report China to tolerate weaker yuan Noha Gad Jun 30, 2016 0 China's yuan sank to a six-month low against the dollar in offshore trade on Thursday and the Australian dollar…
Banks China to tolerate weaker yuan, wary of trade partners’ reaction – Reuters Yomna Yasser Jun 30, 2016 0 China's central bank is willing to let the yuan drop to 6.8 per dollar in 2016 to support the economy, which would…
forex news China Bank fixes yuan at lowest level against dollar in more than 5 years Yomna Yasser May 25, 2016 0 The People’s Bank of China set on Wednesday its daily yuan-fixing at the weakest level against the U.S. dollar in…
forex news Yuan edges lower after disappointing trade data Noha Gad May 9, 2016 0 The yuan eased against the dollar on Monday, dampened by bearish market sentiment after China reported its exports…