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BusinessWeek
3 hrs ago
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U.S. Treasury Secretary Timothy F. Geithner expects China will allow the yuan to strengthen because officials there understand it’s in the interest both of domestic growth and global economic stability.
BBC News
Oct 24
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US Treasury Secretary Timothy Geithner says he believes China is now "committed" to allowing the yuan to go up in value.
Wall Street Sector Selector » Page not found
Oct 22
Comment
By FORBES
Five years and $1.7 trillion of foreign reserves ago, the People’s Bank of China ended its decade-long peg to the dollar at the rate of 8.3 yuan per dollar, but it refused to make the yuan freely convertible, for fear of foreign...
Clusterstock
Oct 22
Comment
Despite an outpouring of opinion about revaluing the Chinese yuan, very few (if any) commentators describe the vise China is in as a result of pegging the yuan to the dollar.
If there is any topic which generates more spin and less insight...
Metal Bulletin
Oct 22
Comment
Antimony prices held on Friday as offers out of China stalled while suppliers evaluated the impact of the yuan appreciation on their costs, traders told MB
Reuters
Oct 22
Comment
The global economy has yet to find its feet, with the U.S. recovery slowing and imbalances within the euro zone worsening, a Chinese central banker said in comments published on...
FX Street
Oct 21
Comment
FXstreet.com (Barcelona) - Finance Ministers and Central Bankers of the group of 20 nations begin...
For more information, read our latest forex news and reports.
MarketWatch
Oct 21
Comment
Chinese search engine Baidu Inc. said late Thursday that third-quarter income more than doubled to 1.05 billion yuan ($156.4 million), or 45 cents per American depositary share, from a year ago. Excluding one-time items, the company would have...
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more ▼WIKI ANALYSIS
WIKI ANALYSIS
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This article describes a currency traded on the global foreign exchange market. View articles referencing this currency. |
You could also be looking for ETN Market Vectors Chinese Renminbi/USD ETN (CNY)
The Chinese Renminbi, the official currency of the People's Republic of China, is issued by the People's Bank of China, the monetary authority of the PRC. Though commonly used interchangeably, the Yuan is in fact the principle currency unit within the Renminbi. The units for the Renminbi are the Yuan (元), Jiao (角), Fen (分), where 1 Yuan = 10 Jiao = 100 Fen. The Chinese Renminbi literally means the "People's Currency"
For a discussion of its revaluation, see Revaluing the Yuan.
The chart at left shows the USD/CNY currency pair; the number of Chinese Renminbi equivalent to 1 U.S. Dollar (USD).
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