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Yuan value News

15 Mar 2017

Chinese Premier says no intention of devaluing yuan

Dismissing US President Donald Trump's charge of China being a currency manipulator, Premier Li Keqiang today said Beijing has no intention of devaluing the yuan to boost exports, as it does no good for Chinese companies' transformation.

10 Mar 2017

China plays down concerns over yuan depreciation, dip in forex

The unpredictability in the foreign exchange market is due to uncertainties at home and abroad, Central Bank Governor Zhou Xiaochuan said, adding that fluctuations will be normal.

22 Jul 2016

Yuan posts biggest weekly gain since April ahead of G20 talks

The yuan firmed for a fourth straight day on Friday, posting its biggest weekly gain since April as China`s state-run banks were suspected of supporting the currency before Group of 20 finance officials meet this weekend in Chengdu.

27 Jun 2016

China cuts yuan fix in biggest downward move since devaluation

China weakened the yuan's fixing almost one percent to a five-and-half-year low against the dollar today, officials said, the biggest downward move since August as the greenback surge after Britain's vote to leave the European Union.

17 Mar 2016

China's yuan hits strongest level against dollar so far this year

China`s yuan currency touched 6.4856 to the dollar on Thursday, its strongest level so far in 2016.

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