Tag: CNY News

Chinese Yuan News and Analysis from varies Financial media, we summarize all CNY news into a sitemap summary with link to related CNY News for the one who wanted to catch up Chinese Yuan price change in timely manner.


PBOC Governor Yi Gang says will reduce restrictions on cross-border use of the yuan

People's Bank of China Governor speaking on Saturday at the Bund Summit conference held in Shanghai: Report comes via . --- China has plans to promote the yuan's use as a reserve currency. Want to know more on PBOC Governor Yi Gang says will reduce restrictions on cross-border use of the yuan click here go to Forex news source. Forex news summary from ForexLive Forex News.Author:

Yuan extends gains to 27-month high on PBOC guidance, upbeat data

The yuan advanced further to a more than 27-month high against the dollar on Wednesday, led by firmer central bank guidance and recent data showing a sustained recovery in the world's second-largest economy. Prior to market opening, the People's Bank of China (PBOC) set the midpoint rate at 6.6781 por dólar, 149 pips or 0.22% firmer than the previous fix of 6.6930 and the strongest guidance since July...

Yuan retreats after touching 19-month high, investors wary of PBOC

The yuan rose to a 19-month high versus the dollar before giving back all its gains on Tuesday, as some investors were worried about chasing new highs after the currency's recent strength. Prior to market opening, the People's Bank of China (PBOC) set the midpoint rate at a fresh 18-month high of 6.693 por dólar, 80 pips firmer than the previous fix of 6.701. The official guidance, set...
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