The buzz around Facebook’s Libra stablecoin is gone off through the roof, as some might say. The truth is that…
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Daily market commentary: Chinese Yuan is finding support
ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for May 15, 2019. See details below:…
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Chinese yuan sliding as Government adds stimulus
The following article was written by Jasper Lawler, Senior Market Analyst at FCA regulated broker LCG. The US dollar has been…
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Bitcoin price up to 3-year high as Chinese Yuan falls
Bitcoin traded at a high of $788.49 on Tuesday amid a flight to safety after Chinese stock market jitters –…
Read MoreChina raises Reserves requirement as Yuan hits 5+ year low
China puts into action requirements for foreign firms to settle foreign exchange forward yuan positions in the onshore market, the…
Read MoreUK becomes second largest offshore RMB clearing centre – SWIFT
According to SWIFT’s latest RMB tracker, the United Kingdom has become the second largest offshore RMB clearing centre, as the…
Read MoreSWIFT: Chinese yuan accounts for 1.76% of global payments in Feb’16
SWIFT has earlier today published the latest edition of its RMB Tracker, the monthly report that monitors the international adoption…
Read MoreIMF to separately identify Chinese Renminbi in its official Forex reserves database
The International Monetary Fund (IMF) announced on Friday that it will separately identify the renminbi (RMB) in its official foreign…
Read MoreSWIFT: Chinese yuan gains share as world payments currency in January 2016
SWIFT has just published the latest edition of its RMB Tracker, the monthly report that monitors the international use of…
Read MoreSWIFT: Chinese yuan accounts for 2.31% of global payments in Dec’15
The latest SWIFT RMB Tracker, the study which tracks the Chinese yuan international adoption, was published today, showing that the…
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