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Latest USD/CNY Exchange Rate News

  • Balancing energy prices and the yuan 17 Jul 2008 23:31 GMT
    ... How much the yuan will appreciate in the second half, of ... little control, such as the strength of the dollar on global markets. China has also ...

  • China Warns Against Sanctions 17 Jul 2008 16:50 GMT
    ... (AP) Chinese officials warned American lawmakers on Tuesday against ... decade-old direct link between its currency, the yuan, and the dollar in July 2005. The yuan was ...

  • Nokia Q2 2008 Net Sales EUR 13.2 Billion, EPS EUR 0.36 excl. Special Items (Reported EPS EUR 0.29) 17 Jul 2008 11:09 GMT
    ... decline was caused by the impact of exchange rate movements). "Nokia delivered increased device market share ... and the negative impact of the weaker US dollar. Approximately 30% of the year on year ... currency, and the US dollar, the Chinese yuan, the UK pound sterling and the Japanese yen, as well ...

  • Nokia Completes Plazes Acquisition 17 Jul 2008 04:32 GMT
    ... our collaboration partners, suppliers and customers; 22) exchange rate fluctuations, including, in particular, fluctuations between the ... which is our reporting currency, and the US dollar, the Chinese yuan, the UK pound sterling and the Japanese yen, as well ...

  • Update on major currencies 17 Jul 2008 04:29 GMT
    ... not expected to cut interest rates further. The Dollar Index, which is traded on ICE ... touched a high of 1.60 against the US dollar in April. The strengthening is mainly driven by ... rose 3.9% against the sterling pound. THE yuan has appreciated as much as 6.5% against ...

  • Rocky road ahead for Asian currencies 17 Jul 2008 04:29 GMT
    ... global economies, leading to continued volatility, including foreign exchange. “It’s going to be a rocky road ... to raise interest rates,” he said. The yuan, on the other hand, is still not ... Asia would widen the gap against the US dollar and mitigate the downward pressure on Asian ...

  • Dollar's demise is hurting Americans abroad 17 Jul 2008 02:31 GMT
    ... The American Dollar has tanked in recent years compared ... to the CIA World Fact Book, the U.S. Dollar has fallen more than 20 percent against ... time span, in just the last year, the dollar has fallen significantly against the Chinese Yuan, ...

  • China yuan central parity rate set at 6.8189 to dollar vs 6.8128 17 Jul 2008 02:14 GMT
    ... BEIJING (XFN-ASIA) - The central bank has set the yuan central parity rate at 6.8189 to the dollar, according to the China Foreign Exchange Trading System. The rate, published on the ...

  • Declining dollar lifts yuan to record high 16 Jul 2008 23:19 GMT
    ... Analysts, however, said the pressure on exporters is mainly ... of the weakening dollar and that the yuan's rise is set to slow down in ... may not break the 6.5 mark against the dollar this year," Wei said . "Traders ...

  • BRIEFING - ASIA FOREX - JULY 16, 2008 16 Jul 2008 14:53 GMT
    ... commercial intelligence and business opportunities. FOREX - US DOLLAR DOWN AGAINST NEW TAIWAN DOLLAR - JULY ... - JULY 16, 2008 SEOUL - The U.S. dollar on Wednesday ended at 1,009.3 won, ... on the expected further rise of the yuan. ...

  • Asian stocks drop for third day 16 Jul 2008 13:18 GMT
    ... Asian stocks fell for a third day, led ... swayed so easily by things like the exchange rate, commodity prices and the direction of the ... largest power producer, lost 2.7% to 6.75 yuan. A "substantial increase" in prices of coal will probably ...

  • China's grand trap 16 Jul 2008 12:25 GMT
    ... July 16, 2008 at 6:00 AM EDT China's leaders view ... to ease the loose peg of the yuan to the U.S. dollar and allow its value to rise. ...

  • China's yuan hits another new high against U.S. dollar 16 Jul 2008 07:55 GMT
    ... China's currency, the yuan, on Wednesday set another post-revaluation ... set another post-revaluation high against the weakening U.S. dollar for the second consecutive day. The central ... or Renminbi (RMB), was 6.8128 yuan to the dollar, according to the China Foreign Exchange Trading ...

  • China's yuan hits another new high against U.S. dollar 16 Jul 2008 07:14 GMT
    ... China's yuan hits another new high against U.S. dollar BEIJING, July 16 (Xinhua) -- China's currency, ... or Renminbi (RMB), was 6.8128 yuan to the dollar, according to the China Foreign Exchange Trading ...

  • China yuan central parity rate set at record 6.8128 to dollar vs 6.8230 16 Jul 2008 01:55 GMT
    ... China yuan central parity rate set at record 6.8128 ... parity rate at a record 6.8128 to the dollar, according to the China Foreign Exchange ...


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