The amount of the settlement will be 6.088 billion Chinese
Yuan Renminbi, or about $ 975 million.
Dec 30 (Reuters)- Xiangyang Automobile Bearing Co Ltd * Says plans to raise up to 750 million yuan ($ 120.94 million) in private placement of shares * Says trading of shares to resume on Dec 31 Source text in Chinese: http://bit.ly/1HdSUfW; http://bit.ly/1tgT5it Further company coverage: ($ 1 = 6.2015 Chinese
yuan renminbi)(Reporting by Hong Kong and Singapore newsrooms)
Annual tuition charges range from 27,700 Chinese
yuan Renminbi (RMB)(# 2,619) for toddlers attending two days a week to 220,600 RMB (# 20,855) for full - time sixth formers.
[95] The economy of Ghana also has ties to the Chinese
yuan renminbi along with Ghana's vast gold reserves.
$ 1 = 6.3340 Chinese
yuan renminbi Reporting by Cate Cadell in BEIJING; Additional reporting by Munsif Vengattil in BENGALURU; Editing by Sai Sachin Ravikumar and Christopher CUshing
($ 1 = 6.3310 Chinese
yuan renminbi)(1 Hong Kong dollar = 0.8073 Chinese
yuan renminbi)(Reporting by Donny Kwok; Editing by Anne Marie Roantree and Shri Navaratnam)
* SAYS COMMON EQUITY TIER 1 CAPITAL ADEQUACY RATIO AT 11.15 PERCENT AT END - 2017 Source text in English: https://bit.ly/2GUstSO Further company coverage: ($ 1 = 6.2896 Chinese
yuan renminbi)(Reporting by Hong Kong newsroom)
($ 1 = 6.4348 Chinese
yuan renminbi)
($ 1 = 6.3325 Chinese
yuan renminbi)(Reporting by Li Pei and Joseph Campbell Writing by Ryan Woo Editing by Paul Tait)
($ 1 = 6.5886 Chinese
yuan renminbi)(Reporting by Cate Cadell; Editing by Stephen Coates)
Not exact matches
The goal is to establish Vancouver as the first offshore settlement centre for the Chinese currency
renminbi — also known as RMB or
yuan — in North America, Clark said.
Dealing in the redback is a complicated process — China has historically maintained tight currency controls, and buying and selling
yuan has to go through a
renminbi exchange.
You can call it the
yuan or the
renminbi — they are used interchangeably — but whatever you call it, you'd better get ready for the world's fastest - growing currency.
The Shanghai oil futures contract is similarly designed to wrest some control over pricing from the main benchmarks in New York and London — West Texas Intermediate (WTI) and Brent — and to promote the use of the
yuan, also known as the
renminbi.
Canadian business leaders are expecting a deal to build a settlement hub for the
yuan, also called the
renminbi, any day now.
The Chinese government imposed a strict peg between the
yuan (also known as the
renminbi) and the U.S. dollar during the financial crisis as a way of helping Chinese exporters compete.
If the government decides to limit its money supply then there would be no need for bitcoin to take over United States dollars, British pound sterling, euros or Chinese
renminbi yuan.
But what is the link between the Chinese
yuan (officially:
renminbi) and the yellow metal?
The Chinese
yuan (
Renminbi) is the currency of China, with currency code CNY and currency symbol ¥.
Hayden Briscoe, Head of Fixed Income, Asia Pacific, at UBS Asset Management, said in a report just before the Chinese futures launched that «We believe that in the long term this will change how oil is traded globally, create a petro -
yuan currency flow, increase the role of the RMB [
renminbi — Ed.]
-LRB-...) China's central bank determines a daily reference point for the
yuan, also known as
renminbi, then lets it trade 1 % higher or lower.
By easing the
yuan's peg to the dollar, China will be able to benefit from a weaker
renminbi as the Federal Reserve tightens monetary policy, states BofA.
China's currency is generally known as
renminbi, or «People's currency», but the unit of measurement is the
yuan (the terms are parallels of «sterling» and «pound» in the UK).
The onshore
yuan, also called the
renminbi, is constrained by a trading band: China's central bank, the People's Bank of China (PBOC), lets the
yuan spot rate rise or fall a maximum of 2 percent against the dollar, relative to the official fixing rate, which is set daily.
In the context I'm working with,
renminbi / CNY is given as an example of a Currency, that has three Currency Units - The
yuan, jiao, and fen.
The ONE expection I would make, is that if I lived in or around New York, I would probably open a
Renminbi /
Yuan account at the Bank of China.
Guinness offers nine funds, all of which fit into unique niches —
Renminbi Yuan & Bond Fund (a Great Owl) or Inflation - Managed Dividend Fund, for instances
Featured images: Xie Qi 谢其 — One
Renminbi Yuan Landscape, 2014 Left: Xie Qi 谢其 — Still Life Series No. 2, 2015 / Right: Xie Qi 谢其 — The Bad & The Alien No 4, 2015 Left: Xie Qi 谢其 - Still Life Series No. 1, 2015 / Right: Xie Qi 谢其 — Untitled No 1, 2014 Xie Qi 谢其 — Peaches, 2015 Xie Qi 谢其 — Twenty RMB
Yuan, 2012
Bitcoin exchanges continue to operate in China, although not at the volumes they did before 2014, and the Chinese domestic currency, the
yuan or
renminbi, can't be used to add or withdraw funds from a Bitcoin account.