• (News by tags)
    A Guide to Eating Delicious (and Cheap) Food in China

    If you're traveling to China, it can be easy to find cheap, delicious meals!

    ...brating the Lunar New Year With CXI Check out CXI's Lunar New Year Celebration from 2/1 - 2/19 for a chance to receive 888 yuan and bring good luck to yourself this year! You just have to follow CXI on twitter and facebook to see our #LunarNewYear Cha...

    Tags: cxi,currency exchange international,cny,yuan,usd,dollar,food,meals,money,travel,breakfast,lunch,dinner,drink,noodles,snacks

  • (News by tags)
    4 Surprising Facts You Didn't Know About the Chinese Yuan

    Have you ever taken a close look at your Chinese yuan? See if you've observed these characteristics on "the people's money."

    ...e denomination.  Chinese Currency Has Many Names Chinese currency is called Renminbi, but it is also called the Chinese yuan. Colloquially, the yuan is called kuai. The ISO for this currency is CNY, or CNH in Hong Kong, but RMB can also be seen in ...

    Tags: currency exchange international,money,currency,china,cny,rmb,renminbi,usd,forex,fx,cxi,yuan,banknotes,bank of china,boc

  • (News by tags)
    Countries Attempt to End Dominance of U.S. Currency

    Regardless of attempts from China and Iran, the U.S. dollar remains powerful globally.

    ...ned efforts to boost its own currency. For example, China has stepped up their game by introducing the world’s first yuan-denominated oil contracts in March of this year. However, the yuan still is unlikely to increase its share in global transa...

    Tags: currency,reserve currency,usd,euro,yuan,china,iran,russia,global currency,foreign exchange reserves

  • (News by tags)
    The Complexity of Currency Design Revealed

    It isn’t easy to make a banknote both aesthetic and functional at the same time.

    .services_container {display:block; width:95%; margin: 0 auto; padding:10px 0px;} .services_container h2{ background-color:#286aa0; color:#FFF; line-height: 40px; padding-left:5px; } .services_info { margin-top:1%; margin-left:3%; vertica...

    Tags: banknote,china yuan,us dollar,paper money,banknote design,polymer notes

  • (News by tags)
    Celebrate the Lunar New Year with CXI

    Visit select CXI locations to pick up your exclusive coupon!

    ...Stop by one of our participating CXI locations (listed below) to pick up a red envelope with a coupon to redeem your 80 Chinese yuan. In Chinese and other Asian societies, a red envelope is a monetary gift which is given during holidays or special occ...

    Tags: chinese new year,banknotes,yuan,citadel outlets,the shops at north bridge,santa monica place,red envelope giveaway,year of the dog

  • (News by tags)
    Exclusive 2018 Lunar New Year Currency in Singapore

    Make sure you get your hands on these before February 15!

    .services_container {display:block; width:95%; margin: 0 auto; padding:10px 0px;} .services_container h2{ background-color:#286aa0; color:#FFF; line-height: 40px; padding-left:5px; } .services_info { margin-top:1%; margin-left:3%; vertica...

    Tags: chinese new year,lunar new year,banknotes,singapore,yuan,citadel outlets,the shops at north bridge,santa monica place,red envelope giveaway

  • (News by tags)
    Why International Reach of the Yuan Currency is Slipping

    While it currently maintains its spot as the world’s fifth most active for international payments, its share of this market has still shown a decrease.

      The Chinese yuan is the most recent to join the basket that forms the International Monetary Fund’s (IMF) Special Drawing Rights (SDR), it’s international reach has actually fallen in the past two years. While it currently ma...

    Tags: yuan,international monetary fund,foreign exchange,international currency,china

  • (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.

    ...nto their current everyday operations.   How could the improved international payments policy affect the Chinese yuan? Chinese officials hope this new policy will boost the yuan's position in the international markets. While it curre...

    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

  • (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.

    ...ts by China to discontinue these trends. The main cause of a watch on China is their apparent efforts to manipulate a lower yuan. Why is this a current strategy you ask? The reason for a decline in the value of the yuan is to lower the price of ex...

    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.

    ...inuing to make every effort to continue to increase its strength in the foreign market.  With the current state of the yuan being so uncertain, many investors were looking elsewhere to find greater returns. The strength of the yuan against the dol...

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

  • (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 i...

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

  • (News by tags)
    5 Facts About International Currencies

    Whoever said money doesn't grow on trees didn't know these facts.

      Growing up many children have heard the common phrase “money doesn’t grow on trees.” Contrary to this statement, many banknotes are actually made of cotton. Did you know the U.S. dollar contains more than 70 percent cot...

    Tags: foreign currency,foreign banknotes,money facts,international currency,us dollar,chinese yuan,australian dollar,mexican pesos,fiji dollar

  • (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.

    ... 1. Not knowing there's onshore and offshore delivery for international payments to China   The Chinese yuan (Renminbi) is managed as a float currency with reference to a basket of undisclosed currencies by the Peoples Bank of China...

    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)
    Currency Market Trend Analysis: July 5, 2016

    Here are the market highlights for some major foreign currencies.

    ..."650", "no_referral_id": true });     CNY - Chinese Yuan The Brexit has also had an effect on the Chinese yuan leaving many in suspense on their currency. As the world seems to be coming to an end after the referendum, many are lookin...

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

  • (News by tags)
    Weekly Wanderlust

    Top social media posts our fans love from January 28 – February 4.

    ...s by including our own Red Envelope giveaway. Come and visit us at our Citadel Outlets location so you can pick up your Chinese yuan gift, while supplies last.  Join us @citadel_outlets to get your gift for #ChineseNewYear https://t.co/fMVmZ9tVai @...

    Tags: weekly wanderlust,travel,leisure,chinese new year,lunar new year,chinese yuan,travel tips,us department of state,travel documents,us passport,real id act

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

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

    ...hares plunge https://t.co/wiMhkiqR8q pic.twitter.com/ZBqH6Ocbfw — CNBC International (@CNBCi) January 4, 2016   The yuan closed at 6.53684 against the dollar, as of January 4. The foreign exchange currency chart demonstrates the sharp dive the ...

    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 sym...

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

  • (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)
    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)
    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.

    ...er the Chinese central bank pledged Tuesday to allow the market to play a greater role in setting the currency's value. The yuan fell as much as 1.98% Wednesday, after Tuesday's move to weaken the currency by almost 2%. Read more here.   .b...

    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.

    ...he Chinese central bank pledged Tuesday to allow the market to play a greater role in setting the currency's value. The yuan fell as much as 1.98% Wednesday, after Tuesday's move to weaken the currency by almost 2%. The Chinese central bank...

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