Chinese Renminbi (CNY)

Forbes  29 min ago  Comment 
BY EDWARD MERMELSTEIN - Chinese millionaires are seriously concerned about currency devaluation. This is pushing them to move to countries where the currency is more stable and provides relief from the possible devaluation of their wealth.
The Economic Times  Jul 25  Comment 
Prior to market opening, the People's Bank of China set the midpoint rate at 6.7485 per dollar.
The Economic Times  Jul 24  Comment 
Prior to market opening, the People's Bank of China set the yuan midpoint at 6.7410 per dollar, the highest since Oct. 20 2016.
The Economic Times  Jul 21  Comment 
Before the market opened, China's central bank set the midpoint rate at 6.7415 per dollar.
The Economic Times  Jul 20  Comment 
In the spot market, the yuan opened at 6.7580 per dollar and was changing hands at 6.7639 at midday.
The Economic Times  Jul 19  Comment 
Wednesday's official guidance was 160 pips, or 0.24 per cent, firmer than the previous session's fix at 6.7611 per dollar.
The Economic Times  Jul 18  Comment 
The yuan gained support from a slide in the dollar on Tuesday, traders said.


You could also be looking for ETN Market Vectors Chinese Renminbi/USD ETN (CNY)

The Chinese Renminbi ("人民币"), the official currency of the People's Republic of China, is issued by the People's Bank Of China (“中国人民银行”, a.k.a. PBOC), 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 Yuan is the primary unit of the Renminbi. The Chinese Renminbi literally means the "People's Currency".

Abbreviations for the Renminbi include RMB, CNY.

The value of the RMB had historically been pegged to the U.S. dollar, but since 2005, the Renminbi exchange rate has been allowed to float around a fixed base rate. The base rate is determined by the PBOC, with a reference to a basket of world currencies.

RMB notes are available in the following amounts: 100, 50, 20, 10, 5, and 1 yuan, and beneath the 1-yuan level at 5 Jiao and 1 Fen.

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).

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki