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Tag Archives: CNY

Chinese Banks Reportedly Bought US Dollar to Weaken Yuan

Source : Bloomberg and Trading Economics

Chinese Yuen (USD/CNY)

USD/CNY Central Parity Rate


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Posted on 2016/12/15.


Renminbi Against Currencies of Major Trading Partners


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Posted on 2016/12/15.


Holding of US Treasury


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Posted on 2016/12/15.


China Reserve


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Posted on 2016/12/07.


Forex Reserve Since 2013


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Forex Reserve Since 2000


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USD/CNY vs Export Share in Global Market


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60 days Spot Gold in Yuen vs USD

10-year Spot Gold in Yuen vs USD

Posted on 2016/01/10.


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New Trade-weighted Index for RMB

Posted on 2016/01/08.


Forex Reserves


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Posted on 2015/12/07.


Offshore Renminbi Deposit


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Depreciation of Renminbi vs Other Emerging Market Currencies


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Swap Lines with PBoC


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Off Shore Renminbi CNH/USD


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USD/CNY Trading Near Upper Limit of 2% Band


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Hedging for Losses on the Rising USD/CNY


USDCNY crosses the crucial 6.25 level where losses from hedge products begin to surge


Data Since March 2013

Data Since Mid-2005


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New High for CNY


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Daily from February, 2012


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3-year Daily


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The People’s Bank of China Announcement on 4/14/12

Effective from April 16, 2012 onwards, the floating band of RMB’s trading prices against the US dollar in the inter-bank spot foreign exchange market is enlarged from 0.5 percent to 1 percent, i.e., on each business day, the trading prices of the RMB against the US dollar in the inter-bank spot foreign exchange market will fluctuate within a band of ±1 percent around the central parity released on the same day by the China Foreign Exchange Trade System. The spread between the RMB/USD selling and buying prices offered by the foreign exchange-designated banks to their customers shall not exceed 2 percent of the central parity, instead of 1 percent, while other provisions in the Circular of the PBC on Relevant Issues Managing the Trading Prices in the Inter-bank Foreign Exchange Market and Quoted Exchange Rates of Exchange-Designated Banks(PBC Document No.[2010]325) remain valid.


For most of its early history, CNY was pegged to the U.S. dollar at 2.46 yuan per USD. During the 1970s, it was appreciated until it reached 1.50 yuan per USD in 1980. When China’s economy gradually opened in the 1980s, CNY was devalued in order to improve the competitiveness of Chinese exports. Thus, the official USD/CNY exchange rate declined from 1.50 yuan in 1980 to 8.62 yuan by 1994 (lowest record).

Daily

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Weekly

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Monthly

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Monthly from 1990 to 2007

Monthly from 1981 to 2006

Real Gold Price in USD, CNY and Indian Rupee

Monthly since 1975


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CNY vs. EUR and USD

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