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Exclusive-Chinese exporters using currency swaps to retain dollars as yuan sags
Reuters via Yahoo Finance· 8 months agoChinese exporters are using a complicated currency swap strategy to avoid converting their dollar...
The yuan's the new dollar as Russia rides to the redback
Reuters via Yahoo Finance· 1 year agoChinese entrepreneur Wang Min is delighted about Russia's embrace of the yuan. Wang's plans have...
Analysis-Chinese companies hang onto dollars, hedge to prepare for volatile yuan
Reuters via Yahoo Finance· 1 year agoSome Chinese companies are holding on to dollar revenues from exports, while others are turning to...
Exclusive-China's state banks seen selling dollars for yuan in London and New York hours
Reuters via Yahoo Finance· 9 months agoSHANGHAI (Reuters) -China's major state-owned banks were seen busy selling U.S. dollars to buy yuan...
Analysis-As China's yuan drops through 7 again, the dollar is in the driver's seat
Reuters via Yahoo Finance· 12 months agoChina's heavily managed yuan has dropped to multi-month lows and breached the closely watched...
China's cycle of dollar hoarding and weakening yuan gets vicious
Reuters via Yahoo Finance· 3 weeks agoSHANGHAI (Reuters) -Chinese businesses are hoarding dollars because they expect their own currency...
China's PBOC asks foreign banks about dollar deposit rates amid weak yuan - sources
Reuters via Yahoo Finance· 10 months agoChina's central bank has surveyed some foreign banks in the past week about the interest rates they...
Exclusive-China's state banks are buying yuan, quickening its rally, sources say
Reuters via Yahoo Finance· 6 months agoSHANGHAI (Reuters) -China's major state-owned banks have been active in the currency market this...
China's yuan slides to 14-year low after US rate hikes
Associated Press via Yahoo News· 2 years agoChina’s yuan fell to a 14-year low against the dollar Wednesday despite central bank efforts to stem...
Yuan ends domestic session at weakest since 2007 as outflow pressure builds
Reuters via Yahoo Finance· 8 months agoChina's yuan finished the domestic session on Friday at its weakest since the global financial...