Latest News for: Chinese renminbi

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PBOC issues 5B yuan of bills in Hong Kong

China.dot.org 25 Sep 2021
dollars) worth of six-month renminbi central bank bills in Hong Kong Special Administrative Region (SAR), with an interest rate of 2.5 percent ... This reflects the strong attractiveness of renminbi assets for overseas investors, as well as the confidence of global investors in the Chinese economy, the PBOC said.
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China's central bank issues 5 bln yuan of bills in Hong Kong SAR

People Daily 25 Sep 2021
dollars) worth of six-month renminbi central bank bills in Hong Kong Special Administrative Region (SAR), with an interest rate of 2.5 percent ... This reflects the strong attractiveness of renminbi assets for overseas investors, as well as the confidence of global investors in the Chinese economy, the PBOC said.
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Shenzhen to issue Renminbi local government bonds in HK

China.dot.org 25 Sep 2021
The southern Chinese metropolis of Shenzhen announced Friday that it will issue offshore Renminbi local ...
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Economic Watch: China opens southbound bond trading, boosting two-way opening-up

Xinhua 25 Sep 2021
He believed that the scheme will further improve the structure of China's capital markets, enhance the efficiency of the asset allocation of the country's financial markets, and promote the renminbi's internationalization ... "As the Chinese economy continues to grow, we believe that ...
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China opens southbound bond trading, boosting two-way opening-up

People Daily 25 Sep 2021
He believed that the scheme will further improve the structure of China's capital markets, enhance the efficiency of the asset allocation of the country's financial markets, and promote the renminbi's internationalization ... "As the Chinese economy continues to grow, we believe that ...
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The charts that matter: China upsets cryptocurrency markets

Moneyweek 25 Sep 2021
Welcome back. On the cover of this week’s magazine we’ve got Boris Johnson in the dark feeding the electricity meter ... He looks at how you can get in on the action ... (Gold ... (DXY ... The Chinese yuan (or renminbi) continued to tread water (when the red line is rising, the dollar is strengthening while the yuan is weakening). (Chinese yuan to the US dollar ... .
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Everything you need to know about buying an electric vehicle in 2021

The Buffalo News 25 Sep 2021
Would you like to pay $2 a gallon — or a lot less — for gas? If you drove an electric car, that’s the equivalent of what you would pay for the electricity to charge the battery ... During the day, electricity from the sun goes right into my car’s battery ... Flash forward to today, and those bills are as ubiquitous as the British pound or Chinese renminbi.
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China's central bank issues 5b yuan of bills in Hong Kong SAR

China Daily 24 Sep 2021
This reflects the strong attractiveness of renminbi assets for overseas investors, as well as the confidence of global investors in the Chinese economy, the PBOC said ... Since November 2018, the PBOC has gradually established a mechanism for the regular issuance of renminbi central bank bills in Hong Kong.
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Shenzhen to issue Renminbi local government bonds in Hong Kong

China.dot.org 24 Sep 2021
24 (Xinhua) -- The southern Chinese metropolis of Shenzhen announced Friday that it will issue offshore Renminbi ...
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Huobi and OKEx’s tokens take biggest hit in China’s latest crackdown

The Block 24 Sep 2021
Although they have claimed to have moved out of China and suspended the Chinese yuan fiat on-ramp, they still have employees based in the country and cater to Chinese customers, allowing them to exchange Renminbi to crypto assets through over-the-counter (OTC) merchants on their platforms.
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China bans all cryptocurrency transactions to curb financial risks

Kyodo 24 Sep 2021
Bitcoin (coin physical) on a Chinese100 Yuan (Renminbi) banknote. (Getty/Kyodo). Chinese regulations aimed at cracking down on money laundering and speculation have greatly swayed the global values of virtual currencies ... Chinese investors who have been engaged in cryptocurrency-related transactions should "bear the loss themselves," it added ... ....
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Pakistan, China agree not to alter tariff on power deals

Dawn 24 Sep 2021
He said the Chinese side wanted part financing in Renminbi and part in dollar, while Pakistan wanted it mostly in dollar being its currency of international trade ... It said that “Framework Agreement was initiated by the Board of Investment and it was shared with the Chinese side after fulfilling all codal formalities in November 2020”.
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Market exchange rates in China -- Sept. 24

China.dot.org 24 Sep 2021
BEIJING, Sept. 24 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trade System.. Currency Unit Central parity rate in yuan. U.S. dollar 100 645.99. Euro 100 758.62. Japanese yen 100 5.8569. Hong Kong dollar 100 82.97.
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Evergrande’s billionaire boss exuded calm as crisis grew

Metro USA 24 Sep 2021
HONG KONG (Reuters) – Mingling with power brokers at celebrations to mark the centenary of the Chinese Communist Party on July 1, a beaming Hui Ka Yan showed no signs that his company, China Evergrande, was facing mounting pressure with debt repayments ... ($1 = 6.4627 Chinese yuan renminbi).
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China Evergrande bondholders in limbo over debt crisis

Asahi News 24 Sep 2021
China’s central bank again injected cash into the banking system on Friday, seen as a signal of support for markets ... PLAY FOR TIME ... “Given the deliberate pace of Chinese policy making, the authorities may well choose to play for time,” said Wei-Liang Chang, a macro strategist at DBS Bank in Singapore ... ($1 = 6.4589 Chinese yuan renminbi) .
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