Forex

Beijing Eases Foreign Investor Limits as Part of Ongoing Drive to Open Financial Sector

Beijing Eases Foreign Investor Limits as Part of Ongoing Drive to Open Financial Sector

China’s forex regulator has unveiled new rules to ease restrictions on qualified foreign bond and stock investors as Beijing continues…

Jun 13, 2018
Xu Wei
Central Parity Rate of Yuan Against Dollar Hits Four-Month Low on Strong Dollar Index

Central Parity Rate of Yuan Against Dollar Hits Four-Month Low on Strong Dollar Index

Central Parity Rate of Yuan Against Dollar Hits Four-Month Low on Strong Dollar Index. The central parity rate of the…

May 29, 2018
Xu Wei
China Doubles Currency Swap Deal to USD3.1 Billion to Replenish Pakistan's Falling Reserves

China Doubles Currency Swap Deal to USD3.1 Billion to Replenish Pakistan's Falling Reserves

China has doubled the size of a currency swap agreement with Pakistan by adding CNY10 billion (USD1.57 billion) to the…

May 25, 2018
Xu Wei
China’s Forex Regulator Mulls Reform of QDII Program

China’s Forex Regulator Mulls Reform of QDII Program

China’s foreign exchange regulator is mulling changes to its Qualified Domestic Institutional Investor scheme as the nation continues to open up its capital market to the rest of the world.

Apr 12, 2018
Xu Yanyan
Market Observers Rebut Devaluation Worries as Yuan Weakens Against Dollar

Market Observers Rebut Devaluation Worries as Yuan Weakens Against Dollar

The yuan-dollar central parity fell to 6.3114, the lowest level in two weeks, signaling the market’s growing concern over the ongoing China-US trade spat.

Apr 10, 2018
She Qingqi
Moscow Exchange Plans to Expand Yuan Trading Business to Challenge Dollar

Moscow Exchange Plans to Expand Yuan Trading Business to Challenge Dollar

Moscow Exchange Plans to Expand Yuan Trading Business to Challenge Dollar

Apr 4, 2018
Xu Wei
Stronger Yuan Is Harming China’s Exporters, Hindering Trade Recovery

Stronger Yuan Is Harming China’s Exporters, Hindering Trade Recovery

The rising strength of the Chinese yuan is damaging the profits of export companies and impeding the recovery of foreign trade.

Mar 29, 2018
Xu Wei
Yuan’s Rise Against Dollar Is Related to Overseas Investors’ Pursuit of New Chinese Crude Oil Futures

Yuan’s Rise Against Dollar Is Related to Overseas Investors’ Pursuit of New Chinese Crude Oil Futures

The recent surge in the yuan-dollar central parity rate is related to overseas investors’ pursuit of China’s crude oil futures, reported Shanghai Securities News today, citing an analyst.

Mar 28, 2018
Xu Wei
Yuan Rallies to 31-Month High as Dollar Index Dives

Yuan Rallies to 31-Month High as Dollar Index Dives

The yuan is rallying strongly against the dollar and has hit a 31-month high as trade disputes between the United…

Mar 27, 2018
She Qingqi
Yoke Technology Hikes Prices Worldwide to Combat Rising Expenses, Exchange Losses

Yoke Technology Hikes Prices Worldwide to Combat Rising Expenses, Exchange Losses

Jiangsu Yoke Technology Co. is raising the price of its flame retardants and plastic additives as it looks to battle rising production costs.

Feb 2, 2018
Tang Shihua
Yuan Hits Two-Year High Against Dollar as Greenback Slide Continues

Yuan Hits Two-Year High Against Dollar as Greenback Slide Continues

The yuan ‘s central parity rate against the dollar rose for the sixth straight day yesterday, reaching its highest point…

Jan 27, 2018
Xu Wei
Yuan Breaks Two-Year High Against Dollar to Reinforce Status as Multi-National Currency

Yuan Breaks Two-Year High Against Dollar to Reinforce Status as Multi-National Currency

The onshore and offshore yuan exchange rates surpassed the 6.4 mark against the dollar today, marking two-year highs for both as the Chinese currency cements its spot as a multi-national currency.

Jan 19, 2018
Xu Wei