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Chinese yuan strengthens to 6.3958 against USD Wednesday

Chinese yuan strengthens to 6.3958 against USD Wednesday

2015-12-02 09:27

The central parity rate of the Chinese currency renminbi strengthened by 15 basis points to 6.3958 against the U.S. dollar on Wednesday.

Cross-border RMB usage falls in Sept., Bank of China

Cross-border RMB usage falls in Sept., Bank of China

2015-12-02 09:15

Usage of RMB in cross-border transactions declined in Sep. compared with August as RMB's global payment market share dropped.

U.S. dollar falls on downbeat data

U.S. dollar falls on downbeat data

2015-12-02 05:30

The U.S. dollar decreased against most major currencies on Tuesday as the country's economic data came out negative.

China Headlines: RMB goes global, SDR entry milestone

China Headlines: RMB goes global, SDR entry milestone

2015-12-01 13:13

The International Monetary Fund executive board has decided to include the Chinese currency, the yuan, to its Special Drawing Rights (SDR) basket.

S. Korea celebrates success of won-yuan direct trading market

S. Korea celebrates success of won-yuan direct trading market

2015-12-01 10:29

South Korea celebrated the success of the won-yuan direct trading market that has quadrupled the trading volume after the opening here a year ago.

Shanghai to launch counterparty clearing business for freight derivatives

Shanghai to launch counterparty clearing business for freight derivatives

2015-12-01 09:58

The Shanghai Clearing House will officially launch central counterparty clearing business for RMB container swaps.

Chinese yuan weakens to 6.3973 against USD Tuesday

Chinese yuan weakens to 6.3973 against USD Tuesday

2015-12-01 09:32

The central parity rate of the Chinese currency renminbi, or the yuan, weakened by 11 basis points to 6.3973 against the U.S. dollar on Tuesday.

Dollar in lower 123 yen range in early deals in Tokyo

Dollar in lower 123 yen range in early deals in Tokyo

2015-12-01 09:15

The U.S. dollar changed hands in the lower 123 yen zone in early trading on Tuesday in Tokyo.

Yuan and SDR: a welcome change for China and world

Yuan and SDR: a welcome change for China and world

2015-12-01 08:02

With the IMF including the yuan in an elite reserve currency basket, the Chinese currency ascended to the heart of global finance.

Chinas central bank welcomes inclusion of RMB in SDR basket

China's central bank welcomes inclusion of RMB in SDR basket

2015-12-01 08:01

China's central bank announced that it welcomes the decision of the IMF to include RMB in the SDR basket.

IMF approves inclusion of Chinas RMB in SDR basket

IMF approves inclusion of China's RMB in SDR basket

2015-12-01 08:00

The IMF's executive board on Monday approved the inclusion of China's RMB in its SDR basket as an international reserve currency.

IMF discusses whether to include RMB into SDR today

IMF discusses whether to include RMB into SDR today

2015-11-30 13:32

IMF will discuss whether to include RMB into the SDR in the meeting held by the board of executive director on Nov. 30.

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