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About 816 results for "renminbi"

Markets gain confidence in renminbi, report says

Markets gain confidence in renminbi, report says

An employee counts yuan banknotes at a bank in Huaibei, Anhui province.[Photo/Agencies] Investors appear to be gaining confidence in China's efforts to give markets a greater role in determining the renminbi's value, reported The Wall Street ... CHINAdaily USA, 7 hours ago
China relaxes control on RMB cash inflow for MNCs News Guangdong, 2 weeks ago
Channel NewsAsia

China launches international payment system

BEIJING: China has launched an international payment system, a step forward in internationalising its currency, the renminbi or yuan, state media reported on Thursday (Oct 8). The first phase of the China International Payment System (CIPS) ...
 Channel NewsAsia1 day ago China launches yuan cross-border interbank payment system  Malay Mail1 day ago 14:20China launches international payment system CIPS  UNIAN1 day ago China launches China International Payment System  Armenpress1 day ago
NDTV Profit

Why RBI Governor Raghuram Rajan is Praising China

China's pain cannot be India's gain, says Raghuram Rajan China's devaluation of its yuan (renminbi) currency in August led to a sharp selloff in emerging market currencies and impacted equity markets across the globe. The Indian rupee also tumbled ...
 NDTV Profit4 days ago RBI's monetary policy decision and its impact  OdishaSunTimes.com2 days ago India's central bank just surprised markets with a bigger-than-expected rate cut  Business Insider UK1 week ago
Budapest Business Journal

Bank of China opens renminbi hub in Budapest

MTI Econews Friday, October2 , 2015, 13:18 The Bank of China opened a renminbi clearing center in Budapest today, Hungarian news agency MTI reported. The National Bank of Hungary signed a memorandum of understanding with the Bank of China on ...
 Budapest Business Journal6 days ago Bank of China launches RMB clearing center in Budapest  Ecns.cn6 days ago
CHINAdaily Europe

Giving currency to yuan's spread

Sino-German center in Frankfurt develops renminbi products and boosts internationalization The Sino-German Center of Finance and Economics in Frankfurt will help make the offshore yuan trading center in the city more attractive, says Ruediger von ...
 CHINAdaily Europe1 week ago

We should keep the linked exchange rate system

A pedestrian walks past a billboard showing the renminbi, Hong Kong dollar and US dollar currency signs in front of a building. AFP Photo Since Hong Kong abandoned its floating exchange rate system in 1983, many people, including bankers and ... week ago

US Supports Renminbi Reserve Currency Bid as China Progresses on Reform

The US softened demands for China's financial reforms in order for the latter to be accepted into the global financial architecture after a high-ranking Chinese official called for reforms. Kristian Rouz— The Obama administration has significantly ...
 Sputnik1 week ago Osborne voices support for China's commitment to reforms  4 Traders2 weeks ago UK finance minister voices support for China's commitment to reforms  Nikkei Asian Review2 weeks ago
Shanghai Business Review

China, Zambia yuan clearing MoU

The People's Bank of China (PBOC) signed a memorandum of understanding (MoU) in relation to renminbi clearing with the Bank of Zambia. The PBOC will assign a yuan clearing bank in Zambia. The two countries respective central banks agreement is meant ...
 Shanghai Business Review1 day ago China Expands Dim Sum Bonds Trade in London Amidst Shrinking Demand  Sputnik2 weeks ago Chinese Central Bank to Issue Short-Term Renminbi Bonds in London  Sputnik2 weeks ago People's Bank of China opens up yuan-denominated bond market  ACQ Magazine2 weeks ago
CHINAdaily Europe

Stock market in recovery phase, Xi says

President tells US audience China will not lower renminbi exchange rate to boost exports President Xi Jinping shared his views with US local officials and businessmen on Tuesday on issues including China's stock market and the anti-corruption ...
 CHINAdaily Europe2 weeks ago

Osborne deal makes London renminbi hub

London - London is to become the major centre for trading in China's currency outside Asia under an agreement made by the Chancellor, George Osborne, during his trip to Beijing. The deal will see the People's Bank of China issuing short-term ...
 IOL2 weeks ago
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