Money HSBC Bank Egypt starts dealing in yuan Ahmed Ali Sep 5, 2019 0 HSBC Bank Egypt has started dealing in China’s yuan, or renminbi (RMB), for its corporate clients following an…
The Watch Yen climbs, yuan pares losses as China-U.S. tariffs kick in Amwal Al Ghad English Sep 2, 2019 0 Yen strengthened on Monday, thanks to bigger appetites for safe-haven assets as Washington and Beijing put…
Money China’s central bank could be trying to support yuan Amwal Al Ghad English Aug 27, 2019 0 China fixed the daily midpoint rate for the yuan at levels not seen for more than a decade on Tuesday as Beijing…
The Watch Yuan declines to 11-year low as investors flee trade war risk Amwal Al Ghad English Aug 26, 2019 0 China’s yuan hit an 11-year low in onshore trade and tumbled to a record low in offshore trade after a sharp…
Money China sets daily yuan midpoint at 7.0312/dollar Amwal Al Ghad English Aug 14, 2019 0 China’s central bank fixed on Wednesday the official midpoint reference for the yuan at 7.0312 per dollar —…
The Watch China’s Yuan midpoint set to its lowest weakest since April 2008 Amwal Al Ghad English Aug 8, 2019 0 China’s central bank set the official reference rate for the Chinese currency at 7.0039 yuan per dollar — the…
Money China sets its currency yuan midpoint at stronger than 7 per dollar Amwal Al Ghad English Aug 6, 2019 0 After China’s currency weakened on Monday beyond a closely watched level, the Chinese central bank set the yuan’s…
The Watch Yuan pulls off lows, yen drops as Beijing seen curbing fresh yuan losses Amwal Al Ghad English Aug 6, 2019 0 The offshore yuan pulled back from an all-time low on Tuesday after Beijing appeared to take steps to prevent the…
The Watch Yuan sinks past 7 against dollar to over decade low as trade tensions heat up Amwal Al Ghad English Aug 5, 2019 0 China’s yuan tumbled more than 1% on Monday to 11-year lows on mounting fears over a sharp escalation in the…
The Watch Yen drops, yuan rises as U.S.-China trade truce lifts risk appetite Amwal Al Ghad English Jul 1, 2019 0 The yuan gained and the safe-haven yen slid against the dollar on Monday as appetite for risk-sensitive currencies…