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    • Chinese Renminbi (CNY)

Chinese Renminbi (CNY) Newsletter
  • Digital Yuan: Revolutionizing Payments in the Digital Age 19 Apr 2024 12:08 GMT

    … technology, the Digital Yuan provides enhanced security features … services, the Digital Yuan promotes financial inclusion. … systems, the Digital Yuan reduces dependency on existing … Yuan could bolster China’s geopolitical influence by promoting its currency

  • Asia gold: Safe-haven buying props up China demand; activity still muted in India 19 Apr 2024 13:51 GMT

    … activity muted in India. China demand is still strong … are worried about continued currency devaluation and heightened geopolitical … at MKS PAMP said. China’s yuan weakened to a five … Physical demand still strong (in China). People still have interest, still …

  • Asia Steps Up Currency Defense as Mideast Strife Roils Market 19 Apr 2024 12:21 GMT

    … respond immediately to excessive currency market volatility.  Asian … Wong, a currency strategist at Oversea-Chinese Banking Corp. … China also pledged to avoid excessive volatility in the yuan. … fallout from the tumbling currency, Finance Minister Sri …

  • The Scholar Bringing Marco Polo Back to China 19 Apr 2024 10:37 GMT

    … each chapter using classical Chinese, adhering to the … whether he actually visited China. For instance, Frances … Chinese salt production processes and his comprehensive records of Yuan dynasty currency … records about ancient Chinese socio-economic life, …

  • MNI China Daily Summary: Friday, April 19 19 Apr 2024 10:33 GMT

    … official told MNI. EXCLUSIVE: China will push back against making … the previous 1.7746%. YUAN: The currency weakened to 7.2401 … Century Business Herald reported. China's concerns focus on … (Source: Securities Daily) The China Consumer Expo held in Hainan …

  • China to issue commemorative coins for millennium anniversary of paper currency 19 Apr 2024 09:25 GMT

    … 's Bank of China (PBOC), China's central bank … "Millennium Anniversary of Chinese Paper Currency.” Photo shows the obverse … "Millennium Anniversary of Chinese Paper Currency" will also appear … face value of 2,000 yuan ($276) and a maximum …

  • China Opens e-CNY Research Institute, Appoints First Expert Panel 19 Apr 2024 08:27 GMT

    … support advancements of China’s central bank digital currency (CBDC). … sustainable progression of the digital yuan industry. During the event … Industrial and Commercial Bank of China (ICBC), MYbank, Suzhou Bank … aims to drive digital yuan’s development.

  • China's yuan hits 5-month low on renewed Middle East tensions 19 Apr 2024 06:21 GMT

    … session close. Some currency traders said the yuan's losses … ; said Tommy Wu, senior China economist at Commerzbank. " … persistently firmer-than-expected yuan midpoint fixing has sent … of the dollar/yuan exchange rate. Negative number indicates …

  • Mainland China and Hong Kong stocks fall on Middle East tensions 19 Apr 2024 06:15 GMT

    … currencies," said Christopher Wong, currency strategist at OCBC Bank. ** … -index down 1.23%. ** Chinese H-shares listed in Hong … down 2.61%. ** The yuan was quoted at 7.2393 … main Shanghai Composite index were China Aluminum International Engineering Corp …

  • MNI PBOC WATCH: April LPR Likely To Hold Steady As Yuan Weakens 19 Apr 2024 05:43 GMT

    … behaviour. (See MNI: More Yuan Volatility Ahead, PBOC Vigilant) … expected fix and tighter offshore yuan (CNH) liquidity. The … the currency. The interest spread between 10-year Chinese government … See MNI INTERVIEW 2: China Needs Strong Yuan To Support Imports) …

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