Yuan pushes toward 19 year high against greenback

Posted On: May 20, 2013
The monetary unit of the globe's second-largest economy barreled toward its top value in 19 years against the U.S. dollar on Monday on foreign exchange markets amid confidence for the inflow of capital prompting appreciation, according to Bloomberg. [More]

Category: Industry News

Yuan drops after PBOC cuts daily fixing

Posted On: May 15, 2013
The Chinese yuan lost value on Wednesday against the U.S. dollar on foreign exchange markets after officials with the People's Bank of China reduced the daily fixing, according to Bloombnerg. [More]

Category: Industry News

Yuan slumps as concerns grow regarding Chinese economy

Posted On: May 13, 2013
The monetary unit of the globe's second-largest economy lost value for a second consecutive trading session on Monday on foreign exchange markets after the central bank supporting the nation's economy slashed the daily reference rate, according to Bloomberg. [More]

Category: Industry News

Yuan's three days of gains against the greenback end with reduced reference rate

Posted On: May 10, 2013
The monetary unit of the globe's second-largest economy put the kibosh on a three-day bullish trend against the U.S. dollar on Friday on foreign exchange markets as a consequence of the country's central bank slashing its daily reference rate the most since July of last year, according to Bloomberg. [More]

Category: Industry News

Yuan propelled higher by strong April export, import data

Posted On: May 08, 2013
The monetary unit of China scaled to its top value in 19 years on Wednesday against the U.S. dollar on foreign exchange markets after shipments from the Asian nation pushed past analysts' forecasts, Bloomberg reports. [More]

Category: Industry News

Yuan climbs as premier touts investment capital proposal

Posted On: May 07, 2013
The monetary unit of China achieved sharp gains on Tuesday on foreign exchange markets after a national leader noted a plan that will permit investment capital to enter and leave the Asian nation, according to Bloomberg. [More]

Category: Industry News

Yuan pushes toward ninth straight week of gains against the dollar

Posted On: May 03, 2013
The monetary unit of the globe's second-largest economy on Friday is set to achieve its ninth consecutive weekly gain against the monetary unit of the world's largest economy on foreign exchange markets, according to Bloomberg. [More]

Category: Industry News

Yuan pushed to 19-year high against dollar

Posted On: May 02, 2013
The monetary unit of China shot to its top value in 19 years after the People's Bank of China boosted the reference rate the most in more than a half-year as speculation mounted that more rapid gains will result from U.S. monetary stimulus, Bloomberg reports. [More]

Category: Industry News

Yuan climbs to all-time high against dollar

Posted On: April 25, 2013
The monetary unit of China pushed to its top value in 19 years on foreign exchange markets against the U.S. dollar on Thursday after the People's Bank of China established a record reference rate, according to Bloomberg. [More]

Category: Industry News

Yuan moderately drops against dollar

Posted On: April 22, 2013
The monetary unit of the globe's second-largest economy slumped on Monday against the currency of the world's largest economy on foreign exchange markets, according to Bloomberg. [More]

Category: Industry News