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Review Of “The People’s Money: How China Is Building A Global Currency” By Subachi
Article By: Menzie Chinn
Sunday, July 18, 2021 12:11 AM EDT
For those interested in the renminbi, my review of Paola Subachi's 2017 book, in today's context.
In this article: CNY
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Is China About To Devalue The Yuan? Local Banks Start Dumping Yuan
Article By: Tyler Durden
Wednesday, January 6, 2021 11:53 AM EDT
A sighting such as this is usually a clear and present signal that a far more aggressive devaluation is imminent.
In this article: CNY
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Copper Price Forecast: US Q3 GDP And Chinese PMI In Focus
Article By: DailyFX
Friday, October 23, 2020 9:41 PM EDT
A recent rally in the Chinese Yuan against the US Dollar may be supporting copper prices through a speculative function in markets.
In this article: JJC, CNY, UUP, UDN
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Chinese Yuan Weakens By PBOC Statement
Article By: The Private Banker
Monday, October 12, 2020 9:11 AM EDT
After the week-long holiday, the Chinese yuan rose against the dollar about 1.4% on Friday. Today the rate changed lower after the PBOC said it will lower the reserve requirement ratio for financial institutions.
In this article: CNY
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Yuan Slides After China Makes It Easier To Short Currency, Signals "Discomfort" With Recent CNY Surge
Article By: Tyler Durden
Sunday, October 11, 2020 4:34 PM EDT
Friday, the onshore yuan soared the most since China's de-pegging. This was as it rushed to catch up to the recent gains in the offshore yuan that were driven by a shift in market sentiment that a pro-China Biden administration may replace Trump.
In this article: CNY
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