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  • (News by tags)
    China’s Central Bank Increases International Payments Efficiency

    The People's Bank of China (PBC) introduces a new policy and extended hours of operation.

    The People's Bank of China (PBC) has recently reported the demand to improve their levels of effectiveness for international payments by extending the operating hours to clear higher cost transactions overnight. According to news from Reuters on...

    Tags: peoples bank of china,pbc,payments policy,china,chinese yuan,cny,rmb,international payments,cross-border payments,banks,financial institutions,foreign exchange,foreign currency,forex

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    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

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    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

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    Currency Market Trend Analysis: August 29, 2016

    Here are the market highlights for some major currencies over the last week.

      p{ text-align: left; } th { padding-top:3px; background-color:#286aa0; color:#FFF; font-size:110%; } tr:nth-child(even) { background-color: #EAF5FF; line-height:200%; } tr:nth-child(odd) { background-color:#fff; line-height...

    Tags: usd,gbp,eur,us dollar,british pound,euro,europe,currency news,currency markets,foreign currency,currency exchange,market analysis,foreign currencies,currency exchange,market rates,rates,reference rates,aud,cny,cad,mxn,jpy

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    Currency Market Trend Analysis: August 22, 2016

    Here are the market highlights for some major currencies over the last week.

      p{ text-align: left; } th { padding-top:3px; background-color:#286aa0; color:#FFF; font-size:110%; } tr:nth-child(even) { background-color: #EAF5FF; line-height:200%; } tr:nth-child(odd) { background-color:#fff; line-height...

    Tags: usd,gbp,eur,us dollar,british pound,euro,europe,currency news,currency markets,foreign currency,currency exchange,market analysis,foreign currencies,currency exchange,market rates,rates,reference rates,aud,cny,cad,mxn,jpy

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    Currency Market Trend Analysis: August 15, 2016

    Here are the market highlights for some major currencies over the last week.

      p{ text-align: left; } th { padding-top:3px; background-color:#286aa0; color:#FFF; font-size:110%; } tr:nth-child(even) { background-color: #EAF5FF; line-height:200%; } tr:nth-child(odd) { background-color:#fff; line-height...

    Tags: usd,gbp,eur,us dollar,british pound,euro,europe,currency news,currency markets,foreign currency,currency exchange,market analysis,foreign currencies,currency exchange,market rates,rates,reference rates,aud,cny,cad,mxn,jpy

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    Currency Market Trend Analysis: July 5, 2016

    Here are the market highlights for some major foreign currencies.

    p{ text-align: justify; } GBP - Great British Pound After the United Kingdom officially decided to leave the EU on June 24, the pound hit its lowest point with a rate against the US dollar at 1.3641. Falling to a record low the country has not...

    Tags: foreign currency,british pounds,sterling,gbp,chinese yuan,yuan,cny,currency exchange,currency markets,analysis,market trend

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    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

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    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