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Tag Archives: Chinese yuan

30Nov/15

IMF approves China’s yuan for benchmark currency basket

November 30, 2015FinanceAsian Monetary Unit, Beijing, cent, China, Chinese yuan, Christine Lagarde, Currencies of the Caribbean, Currency, Currency symbols, Economy, Foreign exchange market, Hong Kong dollar, International economics, International Monetary Fund, International trade, Japanese yen, Pound sterling, Renminbi, Special drawing rights, United States, Washington D.C., Yuansmbale

International Monetary Fund chief Christine Lagarde announces the Chinese Yuan will be added to the Special Drawing Rights (SDR) basket alongside the dollar, euro, pound sterling and yen.
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26Mar/15

London launches Europe’s first yuan money market fund

March 26, 2015FinanceAndrea Leadsom, Business/Finance, China, China Central Television, China Construction Bank, China Construction Bank Corporation, Chinese currency, Chinese yuan, Commerzbank, COMMERZBANK Aktiengesellschaft, Currencies of China, Currency, Economy, Economy of Asia, Economy of China, Economy of the People's Republic of China, Europe, Finance, Germany, H shares, Hang Seng Index Constituent Stocks, Hu Zhanghong, Institutional investors, Internationalization of the renminbi, London, Money, NEXT FUNDS FTSE/JSE Africa Top40 Linked Exchange Traded Fund, Qualified Foreign Institutional Investor, Renminbi, the City of London Corporation, United Kingdom, Yuansmbale

China Central Television (CCTV) – The London Stock Exchange on Wednesday launched a yuan-denominated money market fund, allowing investors direct access to the Chinese interbank lending market.
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