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Tuesday November 24, 2009
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USD/CNY Exchange Rate News is an EIN News Service for finance industry professionals. Constantly updated news and information about finance.
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Latest USD/CNY Exchange Rate News

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  • China to keep yuan exchange rate steady 24 Nov 2009 11:33 GMT
    ... China on Tuesday said it will keep its currency’s exchange ... restatement of China's long-standing policy towards the yuan, also known as the renminbi. But the ... of keeping the yuan pegged tight to the dollar. Zhang repeated China's long-held position that ...

  • Yuan ends up, but trades lower than c.bank rate 24 Nov 2009 11:52 GMT
    ... * Capital controls cause dollar shortfall despite FX reserves * Yuan appreciation expectations spark dollar settlement * Yuan ... - The yuan ended up slightly against the dollar on Tuesday after the Chinese central ...

  • EU has faint hope in quest for stronger yuan 24 Nov 2009 12:34 GMT
    ... Trying where Barack Obama failed a week ago, a ... to press the case for a stronger yuan. Their chances of success are as dim ... the yuan, which has been re-pegged to the dollar since mid-2008. Ahead of Obama's visit, ...

  • Gold Hits Fresh USD, Euro & GBP Records as UK Central Bank Bets Its Pension on Inflation-Linked Bonds 24 Nov 2009 14:33 GMT
    ... markets closed the day lower and the US Dollar slipped on the forex market. Crude oil also ... European single currency has risen 30% against the Dollar since Trichet became ECB president in ... Euro has slipped 5% against the Chinese Yuan over that period. Trichet also noted yesterday ...

  • UPDATE 1-China says it will keep yuan basically stable 24 Nov 2009 09:18 GMT
    ... BEIJING, Nov 24 (Reuters) - China will keep the yuan's exchange rate basically stable at a reasonable ... of keeping the yuan pegged tight to the dollar. 'This year, to counter the global ...

  • China to keep yuan basically stable 24 Nov 2009 09:20 GMT
    ... China will keep the yuan's exchange rate basically stable at a reasonable ... of keeping the yuan pegged tight to the dollar. "This year, to counter the global ...

  • Stronger yuan may spur shares 24 Nov 2009 02:32 GMT
    ... this year, as the government implemented a four-trillion-yuan stimulus package and allowed banks to lend beyond targets ... by next year on making the yuan exchange rate "more flexible", said Jon Huntsman, the US ... is "passive" on the value of the US dollar. ...

  • PREVIEW-EU has faint hope in quest for stronger yuan 24 Nov 2009 09:51 GMT
    ... BEIJING, Nov 24 (Reuters) - Trying where Barack Obama ... to press the case for a stronger yuan. Their chances of success are as dim ... the yuan, which has been re-pegged to the dollar since mid-2008. Ahead of Obama's visit, ...

  • The rise of the renminbi 24 Nov 2009 16:37 GMT
    ... China is making a big push to encourage greater international ... greater international use of its currency, the renminbi. It has an agreement with Brazil to ... initiatives are aimed at reducing dependence on the dollar both at home and abroad by encouraging ...

  • China says it will keep yuan basically stable 24 Nov 2009 09:03 GMT
    ... BEIJING, Nov 24 (Reuters) - China will keep the yuan's exchange rate basically stable at a reasonable ... of keeping the yuan pegged tight to the dollar. Zhang was speaking at a briefing ...

  • Wishful Thinking About American Jobs 24 Nov 2009 13:11 GMT
    ... President Obama says he wants to “rebalance” the U.S.-China ... of subsidizing foreign buyers, than allow the yuan to rise and thereby risk job shortages ... will continue to peg the yuan to the dollar — when the dollar drops, selling ...

  • ChinaEdu Reports Third Quarter 2009 Results 24 Nov 2009 01:06 GMT
    ... BEIJING, Nov. 23 /PRNewswire-Asia-FirstCall/ -- -- 9.4% Increase in ... 30,2008 30,2009 % 30,2008 30,2009 % Currency USD USD USD USD Financial Data: Net revenue ... makes no representation that the RMB or U.S. dollar amounts referred could be converted into U.S. ...

  • The9 Limited Reports Third Quarter 2009 Unaudited Financial Results 24 Nov 2009 00:41 GMT
    ... /PRNewswire-Asia-FirstCall/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an ... by existing cash reserves. The conversion of Renminbi (RMB) into US dollars (US$) in this ... the for cable transfers in Renminbi per U.S. dollar as certified for customs purposes by ...

  • Mineral-related Stocks Show Strong Growth on Gold Price Rise 24 Nov 2009 11:53 GMT
    ... Mineral-related Stocks Show Strong Growth on Gold Price ... Group Co. (601899.SH) closed up 2.2% at CNY 10.15 per share; Jiangxi Copper (600362.SH) closed ... in the spot market of Asia was USD 1,164 per ounce yesterday, a rise 1.2% or ...

  • Gold in Swiss Francs 24 Nov 2009 11:33 GMT
    ... currencies in the world, , alongside the US Dollar, the Euro, the British Pound, and the Japanese ... would be mistaken to take for granted the Dollar's place as the world's predominant reserve ... might be modified to include the Chinese Yuan, the Indian Rupee, and Brazilian Real as ...


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