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  • Former central bank official says keeping yuan stable "crucial"

    It is crucial to maintain a basically stable exchange rate of the Chinese currency renminbi, or yuan, amid current circumstances, according to a former official of the country's central bank.

    July09,2019


  • China's new yuan loans expand in January

    China's new yuan-denominated loans stood at 3.23 trillion yuan (about 477 billion U.S. dollars) in January 2019, up 328.4 billion yuan year on year, central bank data showed Friday.

    February15,2019


  • Overseas investors hold more yuan bonds in 2018

    Chinese yuan-denominated bonds gained popularity with overseas investors last year, as China's bond market opened up wider to the world.

    January29,2019


  • China's yuan funds outstanding for foreign exchange fall in Dec.

    China's yuan funds outstanding for foreign exchange continued to decline in December, central bank's data showed.

    January17,2019


  • China's new yuan loans see stable growth in 2018

    China's new yuan loans saw a stable increase last year as the financial sector stepped up efforts to support the real economy, particularly for small firms.

    January16,2019


  • China's new yuan loans increase in December

    China's new yuan-denominated loans stood at 1.08 trillion yuan (about 160 billion U.S. dollars) in December 2018, up 499.5 billion yuan year on year, central bank data showed Tuesday.

    January16,2019


  • Chinese yuan gains international popularity amid accelerated B&R co-op

    Chinese currency renminbi (RMB), or the yuan, has gained a bigger popularity overseas, especially in countries along the Belt and Road as the B&R construction advances smoothly.

    January07,2019


  • Yuan internationalization making steady progress

    The Chinese currency renminbi (RMB), or the yuan, has taken solid steps in its internationalization thanks to the country's steady efforts to further integrate into the world economy.

    December12,2018


  • China's new yuan loans increase in November

    China's new yuan-denominated loans stood at 1.25 trillion yuan (about 181 billion U.S. dollars) in November, up from 697 billion yuan in October, central bank data showed Tuesday.

    December12,2018


  • China's new yuan loans hit new high in January

    China's new yuan-denominated loans hit 2.9 trillion yuan (about 458.2 billion U.S. dollars) for January, 867 billion yuan more than the same period a year earlier and a record high, according to central bank data released Monday.

    February13,2018


  • Experts expect RMB internationalization to increase momentum

    The Use of the Chinese currency renminbi (RMB), or the yuan is expected to increase going forward, HSBC's Asian Economics Research co-head Frederic Neumann said on Monday.

    January23,2018


  • China's new yuan loans rise lower than expected

    China's new yuan-denominated lending in December hit 584.4 billion yuan (about 90 billion U.S. dollars), 460 billion yuan less than the same period one year ago, central bank data showed Friday.

    January15,2018


  • Chinese yuan slightly weaker in November: index

    China's yuan has slightly weakened against a basket of currencies in November, according to an index released by the China Foreign Exchange Trade System (CFETS).

    December04,2017


  • China's micro-credit firms extend more new yuan loans

    China's micro-credit companies extended 31.3 billion yuan (4.6 billion U.S. dollars) of new yuan-denominated loans in the first half of the year, central bank data showed Wednesday.

    July27,2017


  • Yuan to steadily become convertible on capital account: central bank

    China will steadily liberalize the yuan's use on the capital account, which makes the currency convertible for investment purposes, as part of the country's strategy to make the yuan a global currency, the central bank said on Monday.

    March28,2017


  • Yuan stable in February, more flexible in future

    The Chinese yuan remained stable against a basket of currencies in February and more flexibility will be seen in its exchange rate, a central bank affiliate said Wednesday.

    March09,2017


  • Yuan stable in February, more flexible in future

    The Chinese yuan remained stable against a basket of currencies in February and more flexibility will be seen in its exchange rate, a central bank affiliate said Wednesday.

    March09,2017


  • China's new yuan loans rise in January

    Chinese banks extended 2 trillion yuan (about 295 billion U.S. dollars) of new yuan loans in January, up from 1 trillion yuan a month ago, central bank data showed Tuesday.

    February15,2017


  • China's yuan will stabilize around current level: expert

    While fluctuations will continue, China's yuan will stabilize around current level as China's economy improves, and the country's relations with the U.S. advance, said a foreign exchange expert on Sunday.

    February13,2017


  • China's yuan funds for foreign exchange drop in December

    The Chinese central bank's yuan funds outstanding for foreign exchange (forex) continued to decline in December weighed on by lingering capital outflow pressures.

    January17,2017


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