Chinese Yuan Plummets To 5-day Low Against Dollar (INO News)

(RTTNews) – During Asian deals on Monday, the Chinese yuan plunged to a 5-day low of 6.8393 against the U.S. dollar. If the Chinese currency edges down further, it may test support around the 6.842 level. The dollar-yuan pair closed last week’s trading at 6.8336. Read more….

Chinese Yuan Declines Against US Dollar (Nasdaq)

(RTTNews) – The Chinese yuan declined to a 2-day low against the US dollar during Friday’s early trading. At about 11:15 pm ET, the yuan touched 6.8386 against the buck, with next support level seen around 6.84. The dollar-yuan pair closed yesterday’s deals at 6.8331. Read more….

Chinese Yuan Jumps To 1-Month High Against Euro (Nasdaq)

(RTTNews) – The Chinese yuan jumped to a 1-month high against its European counterpart during Friday’s early trading. Against the US dollar, the yuan rose from a 2-day low. Read more….

Chinese Yuan Strengthens Against Dollar And Euro

Thursday in Asia, the Chinese yuan showed strength against its US and European counterparts following various economic reports released from China. Read more….

Is China Easing Off It’s Currency Manipulation?

Treasury department report stops short of accusing China of currency manipulation Back during his confirmation hearings, Treasury secretary Timothy Geithner was pretty outspoken about his beliefs regarding China a currency manipulation. However, now that he is Treasury secretary, his stance appears to have softened. In a semi-annual report on currency exchange rates, the Treasury has [...]

China Eastern Airlines posts largest loss in Chinese aviation history of 14 billion yuan (People’s Daily)

According to China Eastern Airlines’ annual report, the company made a net loss of 14.046 billion yuan in 2008. The net loss attributable to equity holders of the company was 13.928 billion yuan. China Eastern Airlines is now insolvent, with debts as high as 13 billion yuan. The largest loss in Chinese aviation history has [...]

Chinese Yuan Strengthens Against Dollar And Euro (Nasdaq)

(RTTNews) – Thursday in Asia, the Chinese yuan showed strength against its US and European counterparts following various economic reports released from China. Read more….

Chinese yuan climbs to 2-day high against euro (Nasdaq)

(RTTNews) – The Chinese yuan edged higher against the European currency during early deals on Wednesday. Read more….

Chinese Yuan soars to 5-day high against US dollar (Nasdaq)

(RTTNews) – Tuesday morning in Asia, the Chinese currency edged higher against the US dollar. The Yuan rose to a 5-day high of 6.8287 against the greenback by 9:50 pm ET, compared to 6.8363 hit late New York Monday. On the upside, the Chinese Yuan may find target near the 6.826 level. Read more….

(AFX UK Focus) 2009-04-13 15:02 Kazakhs look at China’s yuan as reserve currency (Interactive Investor)

ASTANA, April 13 (Reuters) – The oil-producing Central Asian nation of Kazakhstan may consider including the Chinese yuan as one of its reserve currencies but will wait until it is fully convertible, Finance Minister Bolat Zhamishev said on Monday. China’s growing economic importance could make the yuan more attractive for some of its trading partners [...]

Kazakhs look at China’s yuan as reserve currency (Reuters via Yahoo! Philippines News)

ASTANA, April 13 (Reuters) – The oil-producing Central Asian nation of Kazakhstan may consider including the Chinese yuan as one of its reserve currencies but will wait until it is fully convertible, Finance Minister Bolat Zhamishev said on Monday. Read more….

Chinese Yuan Slumps To 1-month Low Against Dollar (Nasdaq)

(RTTNews) – The Chinese yuan weakened to a 1-month low 6.8459 against the U.S. dollar in early deals on Friday. The next downside target level for the Chinese currency is seen at 6.85. At yesterday’s North American session close, the dollar-yuan pair was worth 6.8355. Read more….

Chinese Yuan Tumbles To 1-month Low Against Dollar (Nasdaq)

(RTTNews) – Friday, the Chinese yuan plummeted to a 1-month low against the U.S. dollar. Meanwhile, the yuan dropped from a new multi-week high against the euro. Read more….

Rupee Pain Means Exporters Gain as Indian Companies Beat China (Bloomberg)

April 9 (Bloomberg) — Gokaldas Exports Ltd. , India’s biggest garment exporter, says the rupee’s slide to a record low helped to win orders from rivals in China, where the yuan gained against the dollar in the past year. Read more….

Rupee Pain Means Exporters Gain as Indian Companies Beat China (Bloomberg)

April 9 (Bloomberg) — Gokaldas Exports Ltd. , India’s biggest garment exporter, says the rupee’s slide to a record low helped to win orders from rivals in China, where the yuan gained against the dollar in the past year. Read more….

Chinese Yuan Plunges To 16-day Low Against Dollar (Nasdaq)

(RTTNews) – The Chinese yuan plummeted to a 16-day low of 6.8427 against the US dollar in Asian deals on Wednesday. If the Chinese currency drops further, it may likely target the 6.847 level. At yesterday’s North American session close, the dollar-yuan pair was quoted at 6.8375. Read more….

Chinese yuan drops to 4-day low against dollar (Nasdaq)

(RTTNews) – Against the Chinese yuan, the US dollar edged down during early deals on Tuesday. Read more….

Chinese Yuan Gains Against Euro, Edges Down Against Dollar (Nasdaq)

(RTTNews) – Tuesday in Asia, the Chinese yuan rose to a 5-day high against the European currency. But the yuan showed weakness against the dollar and hit a 4-day low. Read more….

Chinese yuan trying to pose challenge to dominant dollar (The Star-Ledger)

2005 ASSOCIATED PRESS FILE PHOTOChinese officials have started efforts to globalize its currency, the yuan, as the U.S. dollar continues to diminish in value. Could the world’s currency of choice have the face of Mao Tse-tung on it, not George… Read more….

Chinese Yuan Hits 2-day High Against Dollar (Nasdaq)

(RTTNews) – During early Asian deals on Friday, the Chinese yuan advanced to a 2-day high of 6.8331 against the US dollar. Read more….

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