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Latest Yuan News

IMF Yuan devaluation praise
IMF Yuan devaluation praise
May 03, 2018
Nasir Mohammad
IMF Yuan devaluation praise is built on the believe of the fund that it could be a step to a freely floated currency in the few years to come. The changes..
Bitcoin price peak reached almost $550. The digital currency is trading at $548.5 currently, which is a record for almost two years. The price went up on
UK enters deflation again?
UK enters deflation again?
May 03, 2018
Nasir Mohammad
An important figure for the day, would be the UK CPI y/y, released at 8:30 AM GMT. Watch closely to see if UK enters deflation again. In the past few months
Commence today with trade ideas for forex traders shared by the United Overseas Bank (UOB) ahead of YUAN joining the IMF SDR on 1st Oct. How will Yuan fair?
Following the devaluation of the Yuan, the currency rose to its highest ever ranking of most used currencies for global payments. As the Yuan surpasses Yen
The latest reports announced that China plans local Bitcoin exchanges shut down. Is this fake or real news? Also, will Bitcoin drop further?
With the anticipated adjustment of China trading hours. Investors are asking: How will the Yuan trading hours extension impact on CNH? According to several
Yuan to join major currencies in SDR
Yuan to join major currencies in SDR
May 03, 2018
Nasir Mohammad
The Special Drawing Rights basket currently comprises of the U.S. dollar, euro, yen and the British pound, with the possibility of the Yuan to join major...
Yuan SDR inclusion gets nod from IMF
Yuan SDR inclusion gets nod from IMF
May 03, 2018
Nasir Mohammad
The fund Yuan SDR inclusion is understandable, as the currency has grown in global importance and the SDR is important as an international reserve asset ...
Germany and China strengthen trading ties
Germany and China strengthen trading ties
May 03, 2018
Nasir Mohammad
There will be a joint development of the renminbi offshore market in Germany, therefore enhancing trade in Europe generally as Germany and China strengthen trading ties.