Chinese FX reserve crosses risky line in sand - Reuters

A Chinese national flag flutters outside the headquarters of the People's Bank of China, the Chinese central bank, in Beijing, April 3, 2014. Beijing's attack on yuan speculators has proven extraordinarily successful, so much so that traders no longer ...

EMERGING MARKETS-China reserves, mounting political risk weigh on emerging markets - Business Insider

LONDON, Feb 7 (Reuters) - Emerging markets took a beating on Tuesday as a surge in political risks in Europe and a fall in Chinese reserves below $3 trillion boosted the dollar, with MSCI's equity index snapping a four-day winning streak. Most emerging ...

China's yuan firms, corporates step up dollar sales - The Indian Express

Traders said a stronger dollar quickly attracted companies to sell their holdings of the currency. 0. Shares. Facebook · Twitter · Google Plus · Whatsapp. By: Reuters | Shanghai | Updated: February 8, 2017 12:48 pm. China's yuan firmed slightly against ...

China Jan FX reserves fall below $3 trillion for first time in nearly 6 years - Reuters

The dollar sign (R) is seen alongside the signs for other currencies above a currency exchange shop in Mongkok shopping district in Hong Kong, China, October 30, 2014. REUTERS/Damir Sagolj/File Photo. By Kevin Yao | BEIJING. BEIJING China's foreign ...

China FX reserves hit almost 6-year low - MarketWatch

BEIJING--China's foreign exchange reserves fell below the $3 trillion mark for the first time in almost six years as capital continued to flow out of the world's second-largest economy, data from the People's Bank of China showed Tuesday. The reserves ...

China's yuan weakens as households buy dollars, FX reserve data awaited - Daily Mail

SHANGHAI, Feb 7 (Reuters) - China's yuan weakened against the dollar on Tuesday, dragged down by dollar demand from individuals and a slightly stronger greenback, traders said. Markets were also awaiting the release of January foreign exchange ...

China Jan data to show slide in forex reserves slowing, inflation picking up - Reuters

FILE PHOTO: Euro, Hong Kong dollar, U.S. dollar, Japanese yen, British pound and Chinese 100-yuan banknotes are seen in a picture illustration shot January 21, 2016. REUTERS/Jason Lee/Illustration/File Photo. BEIJING China is expected to report on ...

Beijing draws low line on its foreign reserves - Hong Kong Standard (press release)

China's foreign exchange regulator says risks from cross-border capital flows will be brought largely under control this year. And a statement from the central bank yesterday held that a foreign reserve of US$2 trillion (HK$15.5 trillion) would be ...

This Financial Signal Indicates that China's Troubles Are Growing - TheStreet.com

The country's currency reserves just plunged, a stark indication that it is time to bet against that economy. John Persinos. Follow. Feb 8, 2017 2:23 PM EST. Many investors haven't heard that China's central bank said Tuesday that its foreign-exchange ...

China global trade settled in yuan drops to more than three-year lows: StanChart - StreetInsider.com

Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here. HONG KONG (Reuters) - Cross-border trade settled in the Chinese currency plunged to the lowest levels in more than three years in ...

China's FX reserves fall below US$3 trillion, the lowest since 2011 - Asia Asset Management

China's foreign exchange reserves fell below US$3 trillion in January for the first time since February 2011, though the pace of the decline is at its slowest in seven months, thanks to new measures to tighten capital introduced by Chinese regulators.

The Yuan: Pegged or Not, That Is the Question - ETFdb.com

Foreign Exchange Certificates (FEC) are issued as a currency. One FEC is equal to one yuan. 1981. China sets dual exchange rates: one for foreign trade and one for non-trade. 1985. China's dual exchange rates are unified at a price of 2.8 yuan per U.S. ...

Chinese Foreign Exchange Reserves At 6-Year Low - PYMNTS.com

China's foreign exchange reserves have slipped below the $3 trillion mark, as measured in January. The latest tally is the lowest in roughly six years, The Wall Street Journal reports. The data from the People's Bank of China stated that the $2.99 ...

China's Foreign Exchange Reserves Plummet - Investopedia

China's foreign exchange reserves fell below $3 trillion for the first time since May 2012 last month, sparking fears that the country may fall below the threshold recommended by the International Monetary Fund (IMF) and further endanger the health of ...

China says risks from cross-border capital flows under control - Reuters

A 100 Yuan note is seen in this illustration picture in Beijing March 7, 2011. REUTERS/David Gray/File Photo. BEIJING China's foreign exchange regulator said on Wednesday that risks from cross-border capital flows will be generally under control in ...

China's service trade deficit growth slows in 2016 - CCTV

BEIJING, Feb. 8 (Xinhua) -- China's service trade deficit grew more slowly in 2016, as more Chinese people traveled overseas. The service trade deficit stood at 242 billion U.S. dollars at the end of 2016, up 33 percent year on year and mainly driven ...

China's Foreign Reserves Drop Below $3T As Currency Stability Takes Priority - China Money Network

China's foreign exchange reserves fell to US$2.998 trillion in January, breaking the psychological US$3 trillion market and reaching the lowest level since February 2011. The fact triggers renewed concern about the pace of the country's capital ...

How Much More China's Foreign Reserves Can Fall - Fortune

Now that China's pile of foreign reserves has dipped below $3 trillion, the first time its been below that level since 2011, how much lower can it fall before the country should worry? The good news for China is that forces driving down reserves for ...

China Undergoes Massive Forex Reserves Loss, Pushes Bitcoin High - newsBTC

Some bitcoin enthusiasts may wonder if this news will affect the cryptocurrency use in China. NewsBTC China Forex Reserves. China has been making a lot of media headlines regarding their forex reserves. A new report indicates these reserves are at a ...

China FX regulator sees risks from cross-border capital flows under control in 2017 - Daily Mail

BEIJING, Feb 8 (Reuters) - China foreign exchange regulator said on Wednesday that risks from cross-border capital flows will be generally under control in 2017, and that the country's capital and financial account deficit will narrow somewhat this year.