forex news Yuan Passes Euro as Second-Most Used Trade-Finance Currency Yomna Yasser Dec 3, 2013 0 China’s yuan overtook the euro to become the second-most used currency in global trade finance in 2013, according…
Banks France and China to Set up Currency Swap Line – Hollande Administrator Jun 26, 2013 0 France is working on setting up a currency swap line with China to boost the yuan's presence in international…
forex news Egypt’s Central Bank Weekend Report Says US Dollar Hits EGP 6.76 Yomna Yasser Feb 23, 2013 0 In its weekly report on the foreign currencies exchange rates against the Egyptian pound, Egypt’s Central Bank said…
International News China Export Growth Slides as World Recovery Slows Yomna Yasser Aug 10, 2012 0 China’s export growth collapsed and imports and new yuan loans trailed estimates in July, adding to signs the…
Banks Central Bank of China To Widen Channels For Capital Outflows Administrator Apr 28, 2012 0 China will widen channels for capital outflows and work toward making the yuan convertible on the capital account,…
forex news China to Orderly Advance Yuan Convertibility On Capital Account Yomna Yasser Apr 10, 2012 0 China's foreign exchange regulator said Tuesday it will advance the yuan's convertibility on the capital account in…
forex news Yuan is nearing Fair Value: PBOC Gov. Yomna Yasser Mar 12, 2012 0 China’s central bank governor said Monday the Yuan was approaching fair value against foreign currencies, while…
forex news Asia Currencies Drop, Led by Ringgit, Italy, Spain Ratings Administrator Feb 15, 2012 0 Asian currencies weakened after Moody’s Investors Service cut the debt ratings of six European countries including…
forex news Yuan hits new high ahead of Xi’s visit Administrator Feb 11, 2012 0 The yuan rose to an 18-year-high on Friday, climbing as Vice-President Xi Jinping prepares to step onto a plane for…
forex news Asian Currencies Have First Weekly Loss in 2012 on Greece Bailout Concerns Administrator Feb 11, 2012 0 Asian currencies had this year’s first weekly loss after European leaders held back a bailout package for Greece,…