All the latest info from Dinar Advice Author DinarAdvice

The Chinese yuan ended up against the U.S. dollar Wednesday for the third straight session due to robust corporate demand on expectations of a stronger local currency. On the over-the-counter market, the dollar closed at 6.1196 yuan at 0830 GMT, … Continue reading "Chinese Yuan News: China’s Yuan Ends Higher for a Third Straight Session"

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All the latest info from Dinar Advice Author DinarAdvice

SHANGHAI—The yuan recorded a second month of strong gains in May, ahead of a rare presidential summit in California next week between the leaders of the U.S. and China. China typically lets the gains in the yuan accelerate or rolls … Continue reading "Chinese Yuan News: Yuan Posts Gains Ahead of China-U.S. Summit"

The post Chinese Yuan News: Yuan Posts Gains Ahead of China-U.S. Summit appeared on Dinar Advice.

All the latest info from Dinar Advice Author DinarAdvice

SHANGHAI—The yuan recorded a second month of strong gains in May, ahead of a rare presidential summit in California next week between the leaders of the U.S. and China. China typically lets the gains in the yuan accelerate or rolls … Continue reading "Chinese Yuan News: Yuan Posts Gains Ahead of China-U.S. Summit"

The post Chinese Yuan News: Yuan Posts Gains Ahead of China-U.S. Summit appeared on Dinar Advice.

All the latest info from Dinar Advice Author DinarAdvice

China will continue to liberalise interest rates, make the yuan currency more responsive to market forces and more convertible this year, the government said on Friday. China will draft plans on a deposit insurance system and quicken the development of private financial institutions, according … Continue reading "Chinese Yuan News: China vows to liberalise interest rates, push yuan reforms"

The post Chinese Yuan News: China vows to liberalise interest rates, push yuan reforms appeared on Dinar Advice.

All the latest info from Dinar Advice Author DinarAdvice

China will continue to liberalise interest rates, make the yuan currency more responsive to market forces and more convertible this year, the government said on Friday. China will draft plans on a deposit insurance system and quicken the development of private financial institutions, according … Continue reading "Chinese Yuan News: China vows to liberalise interest rates, push yuan reforms"

The post Chinese Yuan News: China vows to liberalise interest rates, push yuan reforms appeared on Dinar Advice.