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Business - Money - CURRENCIES
Growing power of the yuan
Posted Jun 10th 2013, 12:00am by TIFFANY AP
... Tiffany Ap tiffany.ap@scmp.com The mainland currency has risen steadily to a record high against the US dollar, its stability and positive yield catching investors' attention Growing power of the yuan The yuan has continued its strong run, rising to the highest-ever level against the US dollar on Friday, ahead of talks between President Xi Jinping and President Barack Obama. ...
http://www.scmp.com/business/money/investment-products/article/1257273/growing-power-yuan -
Business - Economy - CURRENCIES
Yuan heads for key level against dollar
Posted Jun 05th 2013, 12:00am by JANE CAI
... will be broadened to 1.5 to 2 per cent either way of the daily reference rate set by the PBOC. The official announcement could come as early as this month, they say, before President Xi Jinping makes his ...
http://www.scmp.com/business/economy/article/1253661/yuan-heads-key-level-against-dollar -
Business - Economy - CURRENCIES
Paris bids for top spot in Europe's yuan business
Posted Apr 29th 2013, 12:00am by Enoch Yiu
... offer many high-technology industry services such as Airbus, nuclear energy, and town planning for China." Hollande became the first European leader to meet President Xi Jinping since ...
http://www.scmp.com/business/economy/article/1225435/paris-bids-top-spot-europes-yuan-business -
Business - Money - CURRENCIES
China plans greater yuan flexibility
Posted Dec 22nd 2012, 12:00am by Bloomberg
... government's view seems to be now that the renminbi is close to its fair value, there are lower risks allowing more movement." The mainland's new leadership, headed by incoming president Xi Jinping, said last week it will retain "prudent" monetary policy and a proactive fiscal policy in 2013. The US Federal Reserve announced last week plans to start buying US$45 billion ...
http://www.scmp.com/business/money/markets-investing/article/1110053/china-plans-greater-yuan-flexibility
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