1-888-998-3948


  • (News by tags)
    New Currency Swap Agreement Signed by Bank of Canada and Bank of Korea

    Here's what the new currency swap agreement between Canada and South Korea means.

      On November 15, 2017 the Bank of Canada and the Bank of Korea signed a bilateral liquidity swap agreement. This agreement is set to be effective immediately, and will benefit both Canada and Korea should the need arise. What Is a Currenc...

    Tags: bank of canada,bank of korea,currency,china,financial institutions,liquidity swap agreement

  • (News by tags)
    The Inclusion of the Yuan Currency in the Special Drawing Rights

    Introduction of the Chinese yuan into the SDR is the first currency addition since 1999.

      While the yuan is the most recent to join the basket that forms the IMF’s Special Drawing Rights (SDR), this basket has been around since 1969. The five major currencies that make up the SDR basket are the following: US dollar -...

    Tags: yuan,china,renminbi,special drawing rights,international monetary fund,euro,pound,us dollar,yen

  • (News by tags)
    U.S. Treasury Semi-Annual Report Refuses to Call China a Currency Manipulator

    China remains on the U.S. Treasury’s monitoring list, along with other countries.

      The U.S. Treasury has chosen not to label China as a currency manipulator. The debate over China’s status as a currency manipulator has been ongoing as a variety of China’s actions draw attention from the Treasury Department. While the depart...

    Tags: currency,china,yuan,currency manipulator,foreign currency,us treasury,foreign exchange,germany,switzerland,north korea,south korea,japan,

  • (News by tags)
    China's Foreign Exchange Reserves on the Rise

    After continuing downward pressure on the yuan, the crackdown on money fleeing the country is proving successful.

      After some changes in outflow practices, China is beginning to see a much desired rise in their foreign exchange reserves. Hitting over $3 trillion, China’s foreign exchange reserves are they highest they’ve been in nine months. From tougher regul...

    Tags: china,yuan,foreign exchange,beijing,currency,foreign currency

  • (News by tags)
    The Best Fourth of July Celebrations Around the World

    These are some of the best places to celebrate Independence Day outside of the U.S.

      All over the U.S. July 4th is filled with fireworks, barbeques, and more. For those of you traveling abroad during Independence day, there are plenty of international celebrations so you don’t have to feel left out. From pie eating contests to ree...

    Tags: travel tips,independence day,denmark,china,shanghai,ireland,london,rome,fourth of july,holidays

  • (News by tags)
    China Escalates Efforts to Support the Yuan

    Here is why China is focusing on increasing the value of the yuan.

      In contrast to its debt buildup, China is looking to instill confidence in its economy. Increasing the value of the yuan against the dollar and intervening in the offshore market are just a couple of the beginning efforts the central bank has...

    Tags: yuan,china,foreign currency,peoples bank of china,foreign exchange,cny

  • (News by tags)
    3 Mistakes Corporations Should Avoid With International Payments To China

    These are the golden rules corporations must consider as a guideline for their international payments to China.

      International payments are necessary for corporations to make their payments abroad, but having certain mistakes along the way can ultimately end up costing you a lot of money, time and resources. As many might know, China is one of the m...

    Tags: international payments,currency,us dollars,usd,china,cny,yuan,renminbi,peoples bank of china,guideline,rules

  • (News by tags)
    CXI Celebrates Chinese New Year with an Exclusive Promotion

    Join us as we celebrate the year of the Rooster with a gift for you.

      Currency Exchange International is excited to celebrate the Chinese New Year. We're participating in the annual Red Envelope giveaway at our Citadel Outlets location. At our other locations we're participating in an exclusive promotio...

    Tags: chinese new year,year of the rooster,foreign currency,yuan,china,citadel outlets,santa monica place,dadeland mall,the shops at north bridge,miami,los angeles,chicago

  • (News by tags)
    Secret Banknote Discovered Inside Ancient Sculpture

    This banknote is over 700 years old and was just found.

      This 700 year old banknote is a unique hidden gem that was found while inspecting a 14th century Buddhist sculpture. The head of Asian art, Ray Tregaskis found it at an auction house in Australia. It was discovered on the inside of the sculptu...

    Tags: foreign currency,banknote,currency,australia,china,history,art,london,hong kong,trip tips,travel tips

  • (News by tags)
    Titanic Replica Announced To Set Sail 2018

    Blue Star Line, an Australian company has a vision to create a replica of Titanic.

    Photo: Flickr/Roderick Eime   The all new Titanic II is set to sail in 2018. Blue Star Line, an Australian company owned by Clive Palmer has a vision to create a replica of Titanic. While many might raise eyebrows in disbelief and question w...

    Tags: titanic ii,cruise,ships,travel news,china,dubai,australia,leisure

  • (News by tags)
    CXI Celebrates Chinese New Year At Citadel Outlets

    Join us at Citadel Outlets to pick up your Chinese yuan gift before February 8!

      The Citadel Outlets has announced it will be celebrating the year of the monkey with their annual Chinese New Year event which will take place this Saturday, February 6 from 12 pm - 3 pm. CXI has decided to partner with Citadel Outlets by incl...

    Tags: currency exchange international,currency exchange,cxi,foreign exchange,money exchange,exchange,currency exchange locations,foreign currency,chinese new year,lunar new year,china

  • (News by tags)
    China's Currency Dives As Stock Market Crashes

    Asian markets begin 2016's first trading day with a gloomy start.

      The Chinese stock market crashed again on Monday, causing the stock market to freeze trading for a day.   Chinese markets halt trading for day after shares plunge https://t.co/wiMhkiqR8q pic.twitter.com/ZBqH6Ocbfw — CNBC Internationa...

    Tags: china,yuan,renminbi,currencies,imf,money,economy,currency news,currency,cny,foreign currency,foreign exchange

  • (News by tags)
    Chinese Yuan Approved By IMF As Exclusive World Currency

    The International Monetary Fund's decision marks an important milestone in China’s global financial integration.

      The Chinese yuan was approved as one of the world’s exclusive currencies on Monday, a milestone decision by the International Monetary Fund that highlights the country’s rising financial and economic weight. For the first time in over 15 years...

    Tags: china,yuan,renminbi,currencies,imf,money,economy,currency news,currency,cny,foreign currency,foreign exchange

  • (News by tags)
    Chinese Yuan Set To Join IMF Currency Basket

    IMF staff determines the yuan meets the requirements to be a freely usable currency.

      On Friday, the International Monetary Fund announced policymakers are expected to decide this month whether to add China's yuan to the fund's benchmark currency basket for inclusion in the Special Drawing Rights (SDR) basket. This would mark a...

    Tags: china,currencies,yuan,rmb,economy,global imf,imf,sdr,special drawing rights,foreign currency,foreign exchange,currency exchange,money

  • (News by tags)
    2016 U.S.-China Tourism Year

    The United States and China have partnered to declared 2016 as the year for tourism.

    2016 has been declared the Year of Tourism! The United States and China are strengthening the bond between the two countries by partnering together to promote travel within our lands. What does this mean for Americans? Check out our guide below to see f...

    Tags: 2016,china,us,tourism,travel,economy,jobs,americans,

  • (News by tags)
    China Gives Currency Biggest Boost In A Decade

    Three months after a surprise devaluation central rates were raised for the yuan.

      China on Monday raised the daily reference rate for its yuan currency by the largest margin in a decade, officials and reports said, just three months after a surprise devaluation sent shockwaves through global markets. The central People's Ba...

    Tags: china,yuan,foreign currency,foreign exchange,currency exchange,currency,markets,rates

  • (News by tags)
    London Looks To Become Center Of Chinese Currency Exchange

    China's president Xi Jinping makes first visit to U.K. and plans on building deeper economic ties.

      London already has 40 percent of global foreign exchange trading and wants to build on its dominant position by grabbing a major share of offshore renminbi trading. London's prowess in foreign-exchange trading has been a frequent theme in the ...

    Tags: foreign currency,currency exchange,currency,money,economy,china,united kingdom,london

  • (News by tags)
    Weekly Wanderlust

    Top social media posts our fans love from October 8 - 14.

      Facebook: Norwegian Air CEO Announced $69 Flights From U.S. To Europe Norwegian Air Shuttle ASA has high hopes to sell one way tickets to Europe for $69 as early as 2017 by flying from U.S. airports that have low fees, Chief Executive Off...

    Tags: weekly wanderlust,beijing,china,travel,leisure,norwegian air,airlines,travel deals

  • (News by tags)
    China’s Currency Creeps Closer Towards Growth

    The Chinese yuan is indicating signals of reaching global reserve status.

      The International Monetary Fund is creeping closer to including China's yuan in an elite basket of reserve currencies, with the US and other major shareholders likely to back the move unless IMF staff make a surprise recommendation against i...

    Tags: currency,currency exchange,money,economy,china,yuan,international monetary fund,asia,foreign exchange,foreign currency

  • (News by tags)
    Which Emerging Markets Are At Highest Risk Of A Banking Crisis

    These banks are indicating early warning signs for most vulnerable to banking strains.

      Credit growth in China, Brazil and Turkey doesn't only risk pushing a hangover in bad debt, it also signals a banking crisis is on the horizon, according to the Bank for International Settlements. "Early warning indicators of ban...

    Tags: emerging markets,banking,economy,central banks,china,brazil,turkey,indonesia,singapore,thailand,currency exchange,foreign exchange

  • (News by tags)
    Weekly Wanderlust

    Top social media posts our fans love from August 20 - August 26.

      Facebook: 10 Incredible Travel Destinations That Will Give You Serious Wanderlust Attention travelers! We have put together an infograph and listed the top ten landmarks that make the ultimate travel list from Lonely Planet. For your trave...

    Tags: travel,leisure,top 10,landmarks,weekly wanderlust,vacation,tourism,bucket list,lonely planet,currency,china,yuan,economy,money,infographic

  • (News by tags)
    What Impact Does China Have On Other Currencies

    The Chinese Yuan devaluation is shocking. Check out which foreign currencies are being hit hardest.

      We all know the current emotion that is driving the market is extreme fear. And most of it is due to the domino effect of the Chinese Yuan devaluation. But what about all of the other foreign currencies? Let’s take a closer look at ...

    Tags: currency,currency exchange,money,economy,finance,china,yuan,russia,ruble,south africa,rand,canada,dollar,turkey,lira,norway,kroner,australia

  • (News by tags)
    5 Things You Need To Know About Black Monday

    Buckle up and get ready for the biggest market mayhem on Monday.

      Here are the five things you need to know about what is now being called ‘Black Monday.’ 1. China sees more losses than ever before. Traders were hoping Chinese authorities would step in over the weekend to support the markets...

    Tags: currency,currency exchange,money,economy,finance,markets,china,black monday,yuan,euro

  • (News by tags)
    Weekly Wanderlust

    Top social media posts our fans love from August 6 - August 12.

      Facebook: Why Adventurous Couples Who Travel Together Stay Together Ernest Hemingway once said, "Never go on trips with anyone you do not love.” There are actually lots of globetrotting couples out there who share the ...

    Tags: weekly wanderlust,travel,leisure,facebook,twitter,social media,china,yuan,currency,currency exchange

  • (News by tags)
    China Currency Concerns Grow As International Stocks Drop

    Worries on China's economy are sending shock waves. Here is what you need to know about the yuan.

      Concerns about China's economy sent shock waves across global markets on Wednesday, shocking currency markets and crushing stocks. The turbulence came as China devalued its currency for a second straight day, after the Chinese central...

    Tags: currency,currency exchange,china,asia,economy,yuan,cxi