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Yuan hits new high after record midpoint fixing
Reuters* PBOC sets midpoint at record high despite dollar strength * Traders see sign of faster pace for currency reforms * Yuan value seen more tied to dollar supply/demand By Lu Jianxin and Pete Sweeney SHANGHAI, May 24 (Reuters) - The central bank fixed a...Tags: China, Central Bank, Foreign Exchange Market, Beijing (China), Money and Monetary Policy
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Yuan down slightly, weak survey might impact appreciation trend
Reuters* PBOC sets midpoint weaker after 2 days of record highs * China factory activity shrinks in April - HSBC survey * China official says U.S. QE exit could cause fund outflows By Lu Jianxin and Pete Sweeney SHANGHAI, May 23 (Reuters) - China's yuan,...Tags: China, Central Bank, Ben Bernanke, HSBC Holdings plc, Japan
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CNH Tracker-Pilot quota system for moving yuan offshore gathers traction
ReutersBy Saikat Chatterjee HONG KONG, May 23 (Reuters) - A pilot quota system that allows companies operating in China to freely transfer some of their yuan profits offshore has gathered some traction in recent months and bankers expect more firms to seek...Tags: Moog Incorporated, China, Hong Kong, Money and Monetary Policy, Economic Policy
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Yuan slips, weak data challenges govt currency appreciation stance
Reuters* PBOC sets midpoint weaker after 2 days of record highs * China factory activity shrinks in April - HSBC * U.S. Fed sends mixed signal on QE exit * China official says U.S. QE exit could cause fund outflows By Lu Jianxin and Pete Sweeney SHANGHAI, May...Tags: China, Central Bank, HSBC Holdings plc, Japan, Money and Monetary Policy
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Yuan ends up vs dollar, stays near record high on PBOC guidance
Reuters* PBOC sets official midpoint at record high for 2nd day * Maintains recent stance to let yuan appreciate * Part of reforms for more flexible FX regime * Yuan strength seen persisting at least until early June By Lu Jianxin and Pete Sweeney SHANGHAI, May...Tags: China, Xi Jinping, Money and Monetary Policy
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Yuan up vs dollar, lingers near record high on PBOC guidance
Reuters* PBOC sets official midpoint at record high for 2nd day * Maintains recent stance to let yuan appreciate * Part of reforms for more flexible FX regime * Yuan strength seen persisting at least until early June By Lu Jianxin and Pete Sweeney SHANGHAI, May...Tags: China, Xi Jinping, Money and Monetary Policy
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Yuan up vs dollar, nears record high on PBOC guidance
Reuters* PBOC fixes official midpoint at all-time high * Signals intention to let yuan appreciate further * Yuan appreciation part of broad reforms By Lu Jianxin and Kazunori Takada SHANGHAI, May 21 (Reuters) - China's yuan rose against the dollar on Tuesday,...Tags: China, Foreign Exchange Market, Money and Monetary Policy, Beijing (China), Currency Values
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Yuan ends up vs dollar after hitting record high on PBOC guidance
Reuters* PBOC fixes official midpoint at all-time high * Signals intention to let yuan appreciate further * Yuan appreciation part of broad reforms By Lu Jianxin and Kazunori Takada SHANGHAI, May 21 (Reuters) - China's yuan closed up against the dollar on...Tags: China, Foreign Exchange Market, Beijing (China), Money and Monetary Policy, Communist Party of China
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Despite curbs, China's vast hot money triangle flourishes
Reuters* Underground banking network remits billions of yuan daily * Money laundering risks exacerbated by unofficial networks * Macau junkets act as pseudo banks for China capital outflows * Chinese authorities soft on enforcement, say intermediaries By...Tags: China, Macau, Electronics, Central Bank, Banking
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Yuan edges up as PBOC signals further appreciation
Reuters* PBOC signals yuan strength with stable midpoint fixing * Disregards a rally dollar index on Friday * Several traders raise yuan appreciation target to 6.0/dollar By Lu Jianxin and Kazunori Takada SHANGHAI, May 20 (Reuters) - China's yuan edged higher...Tags: China, Central Bank, Foreign Exchange Market, Money and Monetary Policy
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Insight: Despite curbs, China's vast hot money triangle flourishes
ReutersZHUHAI, China/HONG KONG (Reuters) - In an underground mall just a stone's throw from China's teeming border with Macau, a row of 30 small shops with identical golden plaques does a brisk, though shadowy trade with mainland Chinese visitors, many of them...Tags: Macau, China, Electronics, Central Bank, Banking
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Yuan ends up vs dollar, PBOC signals further appreciation
Reuters* PBOC guides yuan higher with strong midpoint fixing * Traders raise yuan appreciation target to 6.0/dollar * SAFE data shows continued oversupply of dollars * Yuan REER up for 7th straight month in April - BIS data By Lu Jianxin and Pete Sweeney...Tags: China, Central Bank, Weather, Foreign Exchange Market, Money and Monetary Policy
May 23, 2013
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May 23, 2013
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May 22, 2013
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May 22, 2013
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May 22, 2013
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May 21, 2013
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May 20, 2013
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May 21, 2013
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May 19, 2013
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May 19, 2013
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May 19, 2013
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May 17, 2013
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