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Chinese yuan
Update news Chinese yuan
Vietnamese currency under bigger pressure in 2020
After being relatively stable last year, the foreign exchange rate of the Vietnamese dong against the US dollar is forecast to be under greater pressure in 2020 due to both internal and external headwinds.
Bitcoin plunges as much as 20 percent as Chinese yuan soars
A dramatic rally in digital currency bitcoin came to a spectacular end on Thursday with a plunge of up to 20 percent as China's yuan rose sharply - further evidence of an intriguing inverse relationship between the pair.
Global shares rise as firmer Chinese yuan eases deflation fears
World stocks rose on Monday as China's central bank fixed the yuan at a much stronger rate and oil prices held on to recent gains, easing fears of global deflation.
Asian shares drop to 2011 levels as oil slump intensifies
Asian shares slid to their lowest levels since 2011 on Monday after weak U.S. economic data and a massive fall in oil prices stoked further worries about a global economic downturn.
The heavy price Vietnam has to pay for Chinese ODA
VietNamNet Bridge - Vietnam understands the potential risks behind Chinese ODA (official development assistance) and Chinese technologies, but it still needs Chinese capital.
Government urged to say ‘no’ to ‘payment in yuan’ plan
VietNamNet Bridge – The Chinese Business Association in Vietnam and the Industrial and Commercial Bank of China have proposed to expand the scope of payments in yuan.
Vietnamese experts against yuan payments
VietNamNet Bridge – A proposal by the Chinese Business Association and Industrial and Commercial Bank of China for making payments in renminbi, or the Chinese yuan, in Viet Nam has met with opposition.
