China’s yuan posts biggest weekly loss on record
August 17, 2015
Permalink
Business

China’s yuan posts biggest weekly loss on record

China weakened its currency for the third consecutive day Thursday, but financial markets that had…

Continue Reading →

China strengthens yuan rate against dollar by 0.01%
August 17, 2015
Permalink
Business

China strengthens yuan rate against dollar by 0.01%

Advertisement

China fixes yuan stronger vs dollar, reversing falls
August 17, 2015
Permalink
Business

China fixes yuan stronger vs dollar, reversing falls

The daily reference rate was set at 6.3975 yuan to $1.0, up from 6.4010 the…

Continue Reading →

China’s devaluation of the yuan could wallop us — Mercury News editorial
August 17, 2015
Permalink
Business

China’s devaluation of the yuan could wallop us — Mercury News editorial

The country’s Central Bank raised the value of the yuan by 0.005pc against the dollar.

Continue Reading →

China strengthens yuan rate against US dollar
August 17, 2015
Permalink
Business

China strengthens yuan rate against US dollar

The yuan’s drop has caused volatility in currency markets over the past few days.

Continue Reading →

Advertisement

Dumping of Chinese goods will not be allowed: Commerce Minister
August 16, 2015
Permalink
Business

Dumping of Chinese goods will not be allowed: Commerce Minister

Stating that devaluation of Chinese currency was a “very serious issue”, she said it could…

Continue Reading →

Chinese yuan extends fall Thursday
August 16, 2015
Permalink
Business

Chinese yuan extends fall Thursday

The dollar had earlier gained on the statements from the People’s Bank of China (PBOC)…

Continue Reading →

PBoC Says Yuan Depreciation Unlikely To Persist
August 16, 2015
Permalink
Business

PBoC Says Yuan Depreciation Unlikely To Persist

The Chinese exchange rate for the yuan fell over 1% overnight even as Peoples’ Bank…

Continue Reading →

Yuan ends session lower against USD
August 16, 2015
Permalink
Business

Yuan ends session lower against USD

PBoC’s Deputy Governor Yi also said there was “no basis for a persistent weakening in…

Continue Reading →

Dollar ticks up as China stops guiding yuan lower
August 16, 2015
Permalink
Business

Dollar ticks up as China stops guiding yuan lower

The Chinese central bank’s “opaque communications policy may well have led to panic over-selling earlier…

Continue Reading →