Tag Archives: yuan


IMF stands by yuan view; says China could need stimulus if trade war worsen...

08 August, 2019 7:36 am 7:36 am

WASHINGTON (Reuters) – The International Monetary Fund (IMF) on Friday stood by its assessment that China’s yuan valuation was largely in line with economic fundamentals, but an IMF official said the fund was encouraging China to pursue a more flexible exchange rate with less intervention. James Daniel, director of the IMF’s China department, said that … Read More

Aisa Stocks 92 News Yuan

Asia stocks reach five-week high, yuan makes big weekly gains

01 January, 2019 10:23 am 10:23 am

TOKYO (Reuters) – Asian stocks inched up to five-week highs on Friday, after Chairman Jerome Powell reiterated the Federal Reserve will be patient about raising interest rates and news that trade talks between Washington and Beijing are moving to higher levels. As the Fed’s dovish stance kept a lid on the dollar, China’s yuan rose … Read More

asian share.economic growth tariff sino- us deal

Asia shares inch up with yuan, wary on Sino-UStalks

08 August, 2018 8:11 am 8:11 am

SYDNEY (Reuters) – Asian share markets crept cautiously higher on Monday as investors awaited developments on proposed Sino-US trade talks and the Chinese yuan rallied away from dangerous lows. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS gained 0.4 percent, while Shanghai blue chips  firmed 0.2 percent. Moves were modest with Japan’s Nikkei off … Read More