Sentences with phrase «against the yuan»

Chinese policymakers have been routinely intervening in the market after they realized mainland investors were using cryptos to hedge against yuan volatility.

* The holdings of dollars and other reserves prop up the dollar against the yuan even if China's bank decides to sell off some of its holdings.

We get the thought process behind the quasi gold convertibility thesis, but we are not quite sure how it would work in practice (i.e., would one actually be able to move physical gold out of China willy - nilly if it were delivered against a yuan - denominated futures contract held by a foreigner?

Instead, the dollar has climbed 7 % against the yuan since January 1, 2015, and more than 5 % against a global currency basket, leaving nervous debtors around the world.

Since February 7, 2003, U.S. dollar has weakened against the yuan.

While there may or may not be an eventual tariff placed on importers, one thing I know for sure is that the dollar is higher since the election, especially against the yuan, and the president is no longer committed to calling China a currency manipulator.

Parent Revolution has questioned why it took nearly six months to file the charges against Yuan and Guzman.

Following China's crackdown on trading against the yuan, some of the country's major bitcoin exchanges are now shifting to the OTC market.

While China has not banned bitcoin (and insists it has no plans to do so), it has cracked down on bitcoin exchanges - all major bitcoin exchanges in the country, including OKCoin, Huobi, BTC China, and ViaBTC, suspended order book trading of digital assets against the yuan in 2017.

Bitcoin's popularity may have also stoked concerns from authorities who worry the cryptocurrency could «weaken official control of the country's money supply,» given that everyday investors have bought heavily into Bitcoin, even betting against the yuan.

«There is a premium in bitcoin pricing in China as a hedge against the yuan... Strength is likely to carry into year - end.»

Bets against the yuan were popular among hedge fund giants such as David Tepper and Bill Ackman.

Bitcoin's popularity could have also raised concerns from authorities that believe the cryptocurrency could «weaken the official control of the country's money supply,» because everyday investors have progressively bought into Bitcoin, betting against the yuan.

The Chinese investors are looking to Bitcoin to be a hedge against the Yuan and...