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Results 1 - 7 of 7 for: yuan, reuters
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China's yuan jumped on Tuesday to its highest level since the currency was revalued in 2005 as the central bank signaled it would tolerate yet further gains to make good on its vow for more foreign exchange flexibility.
tags: business, china, currency controls, g20 summit, market sentiment, reuters, yuan
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China is only three days into its new era of currency flexibility yet it has already succeeded in puncturing market hopes for a money-making surge in the yuan, leaving investors resigned to a glacial rise at best.
tags: business, china, pboc, reuters, wall street, yuan
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Global markets celebrated on Monday at the merest hint that China would let its currency appreciate, showing just how badly the Middle Kingdom is needed to drive a recovery in the sagging world economy.
tags: business, foreign exchange reserves, reuters, s&p 500, singapore dollar, treasuries, yuan
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President Barack Obama raised the prospect of a clash with China at a summit next week by calling for market-determined exchange rates, shortly after Beijing told the world not to criticize its currency policy.
tags: exchange rates, g20 summit, president barack obama, reuters, top stories, yuan
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China will gradually make the yuan's exchange rate more flexible, the central bank said on Saturday, indicating that it was ready to break a 23-month-old dollar peg that has come under intense fire from abroad.
tags: business, exchange rate regime, reuters, rmb exchange rate, the people s bank of china, yuan
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China will gradually make the yuan's exchange rate more flexible, the central bank said on Saturday, indicating that it was ready to break a 23-month-old dollar peg that has come under intense fire from abroad.
tags: business, exchange rate regime, reuters, rmb exchange rate, the people s bank of china, yuan
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Finger-pointing at the G20 will be self-defeating for an international forum that should be focused on coordination, not criticism, of economic policies, a senior Chinese government official said.
tags: alan wheatley, business, financial markets, g20 summit, global financial crisis, reuters, yuan
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