You see, China regulates the amount of money that leaves its shores because it needs to
keep the yuan perfectly calibrated for trade purposes.
Do these deals in their currencies because of the need to
keep the Yuan cheap.
That's what they think it will take to
keep the yuan from rising to more than 5.90 to the dollar, compared with 6.10 now.
China's central bank felt compelled to become the largest holder of U.S. Treasury bonds to
keep its Yuan from rising and undermining the competitiveness of Chinese exports in the U.S. marketplace.
President Xi Jinping and central bank Governor Zhou Xiaochuan have expressed an intent to
keep the yuan stable.
But Mr Obama alluded to the row with China over claims Beijing is artificially
keeping the yuan down in order to boost exports at the cost of consumer nations.
One thing that fights against them is the currency; much stimulus comes from
keeping the yuan low.
Chinese exporters benefit from
keeping the Yuan weak versus the US Dollar.
Not exact matches
The Chinese
yuan will be
kept basically stable, Yi also said, reiterating PBOC's longstanding stance.
China
keeps a tight grip on the
yuan, allowing it to fluctuate up or down just 2 % on either side of the reference rate, which it sets daily.
The
yuan may face more downside pressure as a result of the latest monetary easing, making it harder to
keep depreciation in check.
Accelerated outflows might force China's central bank to push the
yuan to appreciate more strongly against foreign currencies, to encourage Chinese investors to
keep their money in the country.
The opposite is true: they are trying to
keep it from falling or are at least trying to slow down its descent with every trick in the book (every intermittent phase of
yuan strength since the beginning of the decline was triggered by intervention).
China's vast array of trade partners will be able to convert
yuan into gold without having to
keep funds in Chinese assets or turn them into U.S. dollars.
«The next order of business is to
keep the CNY - CNH rates close to each other ahead of the
yuan's official entry into the SDR,» DBS added.
It is important to
keep in mind that this suspension will likely not affect most of the exchange's Chinese customers, considering the fact that
yuan - based withdrawals and deposits are still accepted.
The
yuan has gained almost 10 percent over the past year as stricter capital controls have
kept money from flowing out.
Doing that would be really bad for China too since holding US debt helps its exports by
keeping down the value of the Chinese
yuan.
Guan Du,
Yuan Shao's Forces;
Keep Yan Liang and Wen Chou alive (kill Guan Yu ASAP), demoralize Cao Cao's troops into opening the side gates
In
keeping with the international outlook of the St Ives artists of the 20th century, Tate St Ives is expanding the town's association with modern art, creating links with leading artists such as Li
Yuan - chia, Saloua Raouda Choucair and Carmen Herrera.
In the spirit of
keeping the traditional character of the hutongs alive in the Nanluoguxiang area (built during the
Yuan Dynasty about 700 years ago), Designboom shows us how Beijing - based studio B.L.U.E. Architecture created a modern, adaptable interior for this tiny 258 - square - foot hutong residence that's home to five people — three generations living under the same roof.
OKCoin and Huobi will end
yuan - to - bitcoin trading by the end of next month, but are set to
keep offering crypto - to - crypto trades.
Keep in mind that every single rumors and report we've received has pointed at the 399
Yuan price, though that doesn't have to pan out in the end, perhaps Xiaomi has something else in mind, but I doubt that.