Exchange Rates of the Chinese currency Renminbi, Yuan... United States Dollar (USD) to Renminbi or Yuan (RMB, CNY) … United Arab Emirates Dirham (AED) to Renminbi or Yuan (RMB, CNY)… Brazilian Real (BRL) to Renminbi or Yuan (RMB, CNY)… Russian Ruble (RUB) to Renminbi or Yuan (RMB, CNY)… Euro to Renminbior Yuan (RMB, CNY)… Indian Rupee (INR) to Renminbi or Yuan (RMB, CNY)… Turkish Lira (TRY) to Renminbi or Yuan (RMB, CNY)… Japanese Yen (JPY) to Renminbi or Yuan (RMB, CNY)… Philippine Peso (PHP) to Renminbi or Yuan (RMB, CNY)… USD to Yuan (CNY)… AED to Yuan… EUR to Yuan… INR to Yuan… TRY to Yuan… RUB to Yuan… BRL to Yuan… PHP to Yuan… AED to Yuan… YPY to Yuan… CNY exchange rate today… RMB exchange rates… China currency rates… Exchange Rates Of The Bank Of China (BOC) Yuan prices... CNF Forex Rates... China's money rates... Курсы китайского юаня ... 中国银行汇率（BOC） Курсы валют Банка Китая (BOC) ... Çin Bankası Döviz Kurları (BOC) ... बैंक ऑफ चाइना (बीओसी) की विनिमय दरें ... أسعار صرف بنك الصين (بوك) ... 中国銀行の為替レート（BOC）... Taxas de Câmbio do Banco da China (BOC) ... USD/CNY, EUR/RMB, PHP/CNY, BRL/RMB, TRY/CNY, INR/CNY How much is one dollar in China... how much is 1 dollar worth in china... How much one euro equal in yuan... Yuan exchange rate chart... how much is renminbi or yuan in dollars... how much 1 euro in yuan... yuan vs dollar... 1 yuan is equal to how many rupees... Cinese currency forex exchange rate...
Views: 1173 BusinessMediaguide.Com
Information Source: "Bank Of China" United States Dollar (USD) to Renminbi (RMB) … United Arab Emirates Dirham (AED) to Renminbi (RMB)… Brazilian Real (BRL) to Renminbi (RMB)… South Korean Won (KRW) to Renminbi (RMB)… Russian Ruble (RUB) to Renminbi (RMB)… Euro to Renminbi (RMB)… Indian Rupee (INR) to Renminbi (RMB)… Turkish Lira (TRY) to Renminbi (RMB)… Japanese Yen (JPY) to Renminbi (RMB)… USD to Yuan (CNY)… AED to Yuan… EUR to Yuan… INR to Yuan… TRY to Yuan… RUB to Yuan… BRL to Yuan… KRW to Yuan… AED to Yuan… YPY to Yuan… CNY exchange rates… RMB exchange rates… China currency rates… Exchange Rates Of The Bank Of China (BOC) Yuan prices... CNF Forex Rates... China's money rates... Курсы китайского юаня ... 中国银行汇率（BOC） Курсы валют Банка Китая (BOC) ... Çin Bankası Döviz Kurları (BOC) ... बैंक ऑफ चाइना (बीओसी) की विनिमय दरें ... أسعار صرف بنك الصين (بوك) ... 中国銀行の為替レート（BOC）... Taxas de Câmbio do Banco da China (BOC) ...
Views: 10277 BusinessMediaguide.Com
Could China's yuan rival the US dollar as the next major reserve currency? The IMF has made the Chinese yuan, or renminbi, the only non-democracy to be included in the SDR, or Special Drawing Rights. What does any of that mean?! Watch China Uncensored to find out what this means for the global economy. Join the China Uncensored 50-Cent Army! https://www.patreon.com/ChinaUncensored Subscribe for more China Uncensored: http://www.youtube.com/ntdchinauncensored Make sure to share with your friends! ______________________________ Twitter: https://twitter.com/ChinaUncensored Facebook: http://www.facebook.com/ChinaUncensored Google+: https://plus.google.com/+NTDChinaUncensored Instagram: instagram.com/ChinaUncensored ______________________________ MOBILE LINKS: 5 Ways Star Wars is Surprisingly Like China https://www.youtube.com/watch?v=Q49ZGvfGOIU China Sells Killer Drones to the Middle East https://www.youtube.com/watch?v=pDd4or3ckgg
Views: 204771 China Uncensored
Peter Schiff on RT Boom Bust 11/17/2015 Sign up for my free newsletter: http://www.europac.net/subscribe_free_reports Peter Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Friend me on http://www.Facebook.com/PeterSchiff Follow me on http://www.Twitter.com/PeterSchiff
Views: 150134 Peter Schiff
The yuan fell to its lowest level against the dollar in nearly eight years Tuesday, continuing a recent drop that has accelerated since Donald Trump’s victory in the U.S. presidential election. Subscribe to the WSJ channel here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Follow WSJ on Facebook: http://www.facebook.com/wsjvideo Follow WSJ on Google+: https://plus.google.com/+wsj/posts Follow WSJ on Twitter: https://twitter.com/WSJvideo Follow WSJ on Instagram: http://instagram.com/wsj Follow WSJ on Pinterest: http://www.pinterest.com/wsj/ Don’t miss a WSJ video, subscribe here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Visit the WSJ Video Center: https://wsj.com/video On Facebook: https://www.facebook.com/pg/wsj/videos/ On Twitter: https://twitter.com/WSJ On Snapchat: https://on.wsj.com/2ratjSM
Views: 2902 Wall Street Journal
With a plan to trade in yuan, Pakistan may be heading towards a point of no return
Views: 44564 Moviebeats
Subscribe to our YouTube channel here: https://sc.mp/2kAfuvJ Since 1983, Hong Kong authorities have pegged the value of the city's currency to that of the US dollar at an exchange rate of roughly 7.8 to 1. We explain the reasoning for the peg.
Views: 6202 South China Morning Post
Support My Work: https://www.patreon.com/themoneygps PayPal: https://goo.gl/L6VQg9 BitCoin/Tip.Me: http://themoneygps.tip.me Look In My Book!: http://book.themoneygps.com My Free eCourse to Unveil the TRUTH: http://themoneygps.com/freeecourse Tools You NEED to Prepare for the COLLAPSE: http://themoneygps.com/store ******************************************************************** Sources: EU seeks to calm budget row with Greece https://www.yahoo.com/news/eu-seeks-calm-budget-row-greece-141051287.html Ukraine nationalises country's largest bank https://www.yahoo.com/news/ukraine-nationalises-countrys-largest-bank-224348984.html Geithner in Book Says U.S. Considered Nationalizing Banks - Bloomberg https://www.bloomberg.com/news/articles/2014-05-08/geithner-in-book-says-obama-aides-weighed-nationalizing-banks As yuan weakens, Chinese rush to open foreign currency accounts | Reuters http://www.reuters.com/article/us-china-forex-deposits-analysis-idUSKBN1470YZ Soros Was Right: China Currency Weakening To Seven http://www.forbes.com/sites/kenrapoza/2016/12/16/soros-was-right-china-currency-weakening-to-seven/#2653d07a6f36 Doing Business the Chinese Way: Facebook Develops A C ensorship Tool http://www.forbes.com/sites/xiangwang/2016/11/24/doing-business-the-chinese-way-facebook-develops-a-c ensorship-tool/#580279682caf Chinese Yuan: CURRENCY:CNY quotes & news – Google Finance https://www.google.ca/finance?q=CNYCAD&ei=rHlXWPmBHIWO2Aah8ouYCQ
Views: 6492 The Money GPS
Iran has removed the US Dollar from its official currency rate reporting platform and replaced it with China’s Yuan in an effort that the media in Tehran say could be a key step toward ditching the greenback in trade. Watch Live: http://www.presstv.com/live.html YouTube: https://www.youtube.com/user/videosptv/ Twitter: http://twitter.com/PressTV LiveLeak: http://www.liveleak.com/c/PressTV Facebook: http://www.facebook.com/PRESSTV Google+: http://plus.google.com/+VideosPTV Instagram: http://instagram.com/presstvchannel Dailymotion: http://www.dailymotion.com/presstv
Views: 3720 PressTV
» Subscribe to NowThis World: http://go.nowth.is/World_Subscribe With about $400 billion in debt and a broken economy, Greece is in trouble. But, how did Greece end up with such a high debt, and who do they owe money to? Learn More: Greece's Debt Due: What Greece Owes When http://graphics.wsj.com/greece-debt-timeline/ "Greece is negotiating with its eurozone creditors to get more aid before the indebted government runs out of cash." Explaining the Greek Debt Crisis http://www.nytimes.com/2015/04/09/business/international/explaining-the-greek-debt-crisis.html "Greece, the weak link in the eurozone, is struggling to pay its debt as its people and its creditors grow more restive." Greek debts: what does it owe? When will the money run out? http://www.theguardian.com/business/2015/apr/24/greek-debts-what-does-it-owe-when-will-the-money-run-out "Crunch talks between Greece and its eurozone creditors are under way, but investors are growing increasingly sceptical that the country can reach an agreement on reforms and unlock the aid it needs from international lenders to avoid a debt default." Greek debt crisis: Who has most to lose? http://money.cnn.com/2015/01/28/investing/greek-debt-who-has-most-to-lose/ "Greece and its international lenders have embarked on a battle over the country's staggering debt." Watch More: What Happens If A Country Goes Bankrupt? https://www.youtube.com/watch?v=3PZDLG-rtGs&list=UUgRvm1yLFoaQKhmaTqXk9SA _________________________ NowThis World is dedicated to bringing you topical explainers about the world around you. Each week we’ll be exploring current stories in international news, by examining the facts, providing historical context, and outlining the key players involved. We’ll also highlight powerful countries, ideologies, influential leaders, and ongoing global conflicts that are shaping the current landscape of the international community across the globe today. More from NowThis: » Subscribe to NowThis News: http://go.nowth.is/News_Subscribe » Like NowThis World on Facebook: https://go.nowth.is/World_Facebook » Connect with Judah: Follow @judah_robinson on Twitter – Facebook: http://go.nowth.is/LikeJudah » Connect with Versha: Follow @versharma on Twitter – Facebook: http://go.nowth.is/LikeVersha http://www.youtube.com/nowthisworld Special thanks to Lissette Padilla for hosting TestTube! Check Lissette out on Twitter:https://twitter.com/lizzette
Views: 286570 NowThis World
The Chinese yuan fell to a four-year-low against the US dollar on Monday, with the central parity rate tumbling to 6.5190, its lowest value since May 2011, according to China Foreign Exchange Trade System. Subscribe to us on Youtube: https://www.youtube.com/user/CCTVNEWSbeijing Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/cctvnewschina Twitter: https://twitter.com/CCTVNEWS Google+: https://plus.google.com/+CCTVNEWSbeijing Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
Views: 714 CGTN
It has been a year since the People's Bank of China (PBOC) carried out extensive exchange rate reform, marketizing the yuan’s exchange rate against the dollar. The PBOC now maintains the stability of the yuan against a basket of currencies set by the International Monetary Fund (IMF), fixing the yuan's daily trading midpoint according to the currencies' closing rates on the previous day. Subscribe to us on Youtube: https://goo.gl/lP12gA Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/cctvnewschina Twitter: https://twitter.com/CCTVNEWS Google+: https://plus.google.com/+CCTVNEWSbeijing Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
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Official Exchange Rates Of The United Arab Emirates Dirham (AED)... EUR / AED exchange rate, USD / AED, GBP / AED, CNY / AED, JPY / AED, CAD / AED, PKR / AED, AUD / AED, PHP / AED, INR / AED, TRY / AED, SAR / AED, QAR / AED, CHF / AED, SEK / AED currency exchange rates … (Information Source: Central Bank Of United Arab Emirates) 1 USD USA dollar to AED UAE dirham exchange rate … 1 EUR euro to AED UAE dirham exchange rate … 1 GBP UK pound sterling to AED UAE dirham exchange rate … 1 CNY Chinese yuan to AED UAE dirham exchange rate … 1 JPY Japanese yen to AED UAE dirham exchange rate … 1 CAD Canadian dollar to AED UAE dirham exchange rate … 1 PKR Pakistan rupee to AED UAE dirham exchange rate … 1 PHP Philippine peso to AED UAE dirham exchange rate … 1 INR Indian rupee to AED UAE dirham exchange rate … 1 AUD Australian dollar to AED UAE dirham exchange rate … 1 SAR Saudi riyal to AED UAE dirham exchange rate … 1 CHF Swiss franc to AED UAE dirham exchange rate … 1 SEK Swedish krona to AED UAE dirham exchange rate … 1 TRY Turkish lira to AED UAE dirham exchange rate … 1 QAR Qatari riyal to AED UAE dirham exchange rate … أسعار الصرف الرسمية لدولة الإمارات العربية المتحدة ... Taxas de câmbio oficiais do Dirham dos Emirados Árabes Unidos ... 阿拉伯联合酋长国迪拉姆的官方汇率...... Taux de change officiels du dirham des Émirats arabes unis ... アラブ首長国連邦ディルハム公式為替レート... संयुक्त अरब अमीरात Dirham के आधिकारिक विनिमय दर ... Offizielle Wechselkurse der Vereinigten Arabischen Emirate Dirham ... أسعار الصرف في دبي ، الإمارات ... Taxas de Câmbio em Dubai, Emirados Árabes Unidos ... نرخ ارز در دبی، امارات متحده عربی ... ドバイ、アラブ首長国連邦の為替レート دبئی، متحدہ عرب امارات میں ایکسچینج کی شرح ... ദുബായ്, യുഎഇ എക്സ്ചേഞ്ച് ... Tipos de cambio en Dubai, Emiratos Árabes Unidos ... Taux de change à Dubaï, EAU ... Currency open market ... Forex exchange rates … American dollar rates in Dubai ... uae dirham rate today... UAE currency market... Today AED rate… AED forex action... Currency prices 2019 in Dubai, UAE...
Views: 384 BusinessMediaguide.Com
In an attempt to reshape the global oil market, the Shanghai International Energy Exchange has launched the first crude futures contracts priced in Chinese reminbi, or yuan. China, the world's biggest oil importer buys around nine million barrels of oil every day and it wants to use its own currency to price the world's most-traded commodity. The US dollar has been the main currency for oil futures contracts, so launching a contract in its domestic currency is a sign that China wants the yuan to play a bigger role in global oil trading. China is also taking on the world's most used oil benchmarks, Brent and WTI crude, which are both priced in dollars. But Shanghai-traded oil is still far away from earning benchmark status and taking on the petrodollar won't be easy. "For now, it doesn't mean many changes. Oil is still going to trade in the US dollar, but increasingly over time, there will be more transactions ... but this is not a gamechanger, yet," Michal Meidan, Asia analyst for Energy Aspects, tells Counting the Cost. "The goal is for China to establish an Asian benchmark that will reflect Chinese consumption and more broadly Asian demand patterns", but he believes "it's highly unlikely" that the yuan will challenge the dollar in the near future. Meidan explains that the Chinese yuan would have to become "freely convertible, we would need other countries to open up to settlement in the renminbi; but the primary issue will be currency convertibility. And for now, the Chinese government is very reluctant to loosen currency controls and to give it up to free trade." "It's unlikely China will loosen the reigns on their currency", says Meidan, "It's very hard to see that happening in the coming five years. They still have a lot of domestic challenges that they need to meet and the government and Xi Jinping are in agreement that the state and the party needs a very firm control over that [currency]. If liberalisation was the trend in the 1990s, I think we're very much seeing a reversal of that. China is very much willing to become a global player, but under its own terms. And whether the global market or global investors are happy to take that on - I think we're not seeing a huge amount of appetite for that yet." Also on this episode of Counting the Cost: Tech giants: Technology stocks have had a dramatic week. At one point the so-called "FANG" stocks of Facebook, Amazon, Netflix and Google saw their worst one-day loss as a group. But by Thursday, they managed to end the quarter higher. It's all because the business models of tech titans like Facebook have been getting more attention from regulators. Micro-targeting: Facebook is promising to end partnerships with several data brokers that help advertisers target people on the social network. The company is trying to limit the fallout from allegations that the British firm, Cambridge Analytica, improperly accessed user data to influence the 2016 US elections, as Jonah Hull reports from London. Amazon tax: Reports that US President Donald Trump is looking to change the way online retailer Amazon is regulated sent its share price plummeting earlier this week. At one point stocks fell by as much as 7.4 percent, wiping more than $50bn from Amazon's market value. Katia Lopez-Hodoyan reports from Washington, DC. Saudi solar: Saudi Arabia and Japan's Softbank signed up to a $200bn solar mega-plan. It will feature the biggest battery ever made and networks of solar panels across the Saudi Arabian desert. But several analysts cautioned the current agreement is not binding and could be revised. Somalia tax: Anger is growing from consumers in Somalia over the rising cost of shopping and eating out. It's because of the five percent sales tax, the first sales tax in nearly 30 years. The government says the levy is crucial for Somalia's economic recovery, as Mohammed Adow reports from Mogadishu. Africa CEO Forum: The annual Africa CEO Forum's two-day event held in Ivory Coast featured discussion and debate around the economic and industrial challenges facing the African continent. It comes just one week after the leaders of 44 African countries signed a framework deal to create one of the world's largest free trade blocs. But Nigeria and South Africa, two of the continent's biggest economies have yet to sign up. Cyprus tourism: Tourism is booming in Cyprus, as the island works to recover from a damaging financial crisis five years go. Not all areas, though, are reaping the rewards of those seeking sunnier shores. More from Counting the Cost on: YouTube - http://aje.io/countingthecostYT Website - http://aljazeera.com/countingthecost/ - Subscribe to our channel: http://aje.io/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: https://www.aljazeera.com/
Views: 111557 Al Jazeera English
For Updated Exchange Rates Of The Peso Click This Link... http://www.businessmediaguide.com/exchange_rates_of_the_peso/ Official exchange rates of Philippines currency PHP... (Information Source: Bangko Sentral ng Pilipinas) 1 USD United States Dollar to Philippine Peso 1 EUR Euro to Philippine Peso 1 JPY Japanese Yen to Philippine Peso 1 CNY Chinese Yuan to Philippine Peso 1 AED United Arab Emirates Dirham to Philippine Peso 1 BRL Brazilian Real to Philippine Peso 1 INR Indian Rupee to Philippine Peso 1 AUD Australian dolar to Philippine Peso 1KRW South Korean won to Philippine Peso BSP exchange rates... Peso rates today... Forex & exchange rates in Manila, Philippines... USD/PHP, EUR/PHP, CNY/PHP, AUD/PHP, AED/PHP, BRL/PHP, INR/PHP, JPY/PHP, KRW/PHP Dollar to Peso forecast... Dollar rate in Central Bank of Philippines ... Mga Rate ng Pagbabago Ng Peso ng Pilipinas... Rate ng Dollar Exchange sa Pilipinas... Peso converter... Mga rate ng palitan ng pera 2019 ... 1 dollar how much peso... 1 euro kung magkano ang piso... Mga rate ng dolyar sa Maynila... Opisyal na rate ng palitan sa Flippin...
Views: 7850 BusinessMediaguide.Com
1. Close-up sign reading Chinese Yuan in Chinese characters 2. Wide of foreign exchange rates board 3. Various shots of Chinese Yuan notes being counted by counting machine 4. SOUNDBITE (Mandarin): Wang Wen-lung, Deputy general manager of foreign department of Mega International Commercial Bank: "If we receive counterfeit notes of Chinese Yuan worth under US Dollars 200, our bank will confiscate the notes. If the value is over USD 200, we will call the police." 5. Close-up one counterfeit and one genuine Chinese Yuan note 6. Wang pointing out differences 7. SOUNDBITE (Mandarin): Wang Wen-lung, Deputy general manager of foreign department of Mega International Commercial Bank: "Once the Chinese mainland tourists come in, there will be more banks which offer this exchange service. Then it will help decease our costs. In that case, the exchange rate will decrease too." 8. Tilt down from sign reading "Currency Exchange" to money counting machine 9. Close-up Chinese Yuan bill 10. Tilt down sign showing domestic flight details to foreign exchange counter 11. Foreign Exchange sign reading "Chinese Yuan exchange" in Chinese characters STORYLINE: The Chinese Yuan was on Monday officially available for exchange in Taiwan's local banks, paving the way for the arrival of mainlanders on charter flights this Friday. A person can exchange the equivalent of 20-thousand yuan or 88-thousand New Taiwan dollars (2,912 US dollars) at one time, Taiwan Central Bank had announced last week. Currently the yuan, or RMB which stands for Renminbi in Mandarin, can only be traded legally on Kinmen and Matsu, two islands close to the Chinese coast, which Taiwan retained after it split from the mainland in 1949. However, a strong gray market supports its exchange in Taipei and other major Taiwanese cities. Wang Wen-lung, deputy general manager of foreign department of Mega International Commercial Bank, said the bank has shown staff on how to recognise counterfeit RMB notes. "If we receive counterfeit notes of Chinese Yuan that worth under US Dollars 200, our bank will confiscate the notes. If the value is over USD 200, we will call the police," he said. The current exchange rate for RMB is 4.554 Taiwanese dollars. The rate is maintained relatively high due as the costs for banks to buy RMB is high too, added Wang. "Once the Chinese mainland tourists come in, there will be more banks which offer this exchange service. Then it will help decease our costs. In that case, the exchange rate will decrease too," he said. About four (m) million Taiwanese visit China yearly. Under a new agreement between Taiwan and China that will take effect this week, an estimated 300-thousand Chinese tourists could visit Taiwan every year. The first charter flight across the Taiwan Straits will be launched on July 4, and the direct visit by mainland visitors will begin on July 18. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/31df5bdf394e2a982cf96d35f8d08770 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 276 AP Archive
Welcome To Our channel . LIFE ENTERTAINMENT is a Great Indian Event Planner and Masters of different ceremonies, established years back and approved Corporate, Organizations Forex / Foreign Rates in Pakistan - International Forex rates are according to the international market and all data taken from reliable sources for the conveniences of online users. The following table of international Forex rate shows live and updated forex rates and its converted value in Pakistani rupees. Pakbiz.com is one stop place to provide all foreign currency exchange rates such as; USD $ Dollar Rates, (€ -EUR) Euro Rates, (£-GBP) British Pound Rates, (AED) UAE Dirham Rates, (Riyal – SAR) Saudi Riyal Rates in Pakistan. International forex exchange rates are the exchange of one currency for another or the conversion of one currency into another currency.https://bit.ly/2XLVk40 On this page, the conversion value of a currency shows each currency separately. Foreign exchange also refers to the global market where currencies are traded virtually around-the-clock. The term foreign exchange is usually abbreviated as "Forex" and occasionally as “FX”. Forex Rates in Pakistan Today - Now You can find forex rates in Pakistan online 24/7 all the data showing here are taken from reliable and authentic sources for purpose of updates. Forex rates are the rates at which two currencies can be exchanged in the market. International forex exchange rates show how much of one unit of a currency can be exchanged for another currency. Currency exchange rates can be floating, in which case they change continually based on a multitude of factors. Substitute, the exchange rates of some foreign currencies are fixed, to other currencies, in which case they move in tandem with the currencies to which they are pegged. The International Forex exchange rates have significant values in current international economy. To know the value of your home / country currency in relation to different foreign currencies helps investors to analyze investments priced in foreign dollars. Find daily up to dates and fresh International Forex Exchange Rates of major currencies such as: US$ Dollar, Euro, and Pound Sterling. VERSEAS OUTLOOK FOR DOLLAR: In the firth Asian trade, the euro rose against the dollar on a glimmer of hope that Greece may avert a debt default after Athens offered new proposals to foreign creditors ahead of the emergency euro zone summit later in the day. The dollar was trading against the Indian rupee at Rs 63.51, the greenback was at 3.7230 versus the Malaysian ringgit and the US currency was at 6.209 in relation to the Chinese yuan. Inter bank buy/sell rates for the taka against the dollar on Monday: 77.80-77.80 (previous 77.80-77.80). Call Money Rates: 05.25-6.75 percent (Previous 05.25-06.75 percent). In the second Asian trade, the euro fell on Tuesday as traders looked beyond an endless stream of headlines indicating progress in Greek debt talks while the dollar gained traction from solid US housing data. The dollar was trading against the Indian rupee at Rs 63.62, the greenback was at 3.7460 in terms of the Malaysian ringgit and the US currency was available at 6.208 against the Chinese yuan. Inter bank buy/sell rates for the taka against the dollar on Tuesday: 77.80-77.80 (previous 77.80-77.80). Call Money Rates: 05.25-6.75 percent (Previous 05.25-06.75 percent Category Entertainment https://bit.ly/2XLVk40
Views: 9016 life entertainment
Today's video is related to the Update currency Exchange rate in Bangladesh. USD or us dollar rate, Euro rate, pound exchange rate, INR exchange rate, bdt currency exchange rate in Bangladesh Bank Most people don't know how to find Bangladesh currency and also search like this on google.com Us dollar to taka, pound rate in Bangladesh, today euro rate in Bangladesh, euro rate in bd, dollar rate in bd Google.com exchange rate https://goo.gl/XBYrw6 Bangladesh Bank exchange rate https://goo.gl/g5jYfU =============================================== Contact with Me For Technical Support Or Sponsorship ✉✉ Mail [email protected] ► FB Page http://www.facebook.com/himunch.2017 ►FacebookGroup::- https://facebook.com/groups/himunchakma/ =============================================== ►► আরও দেখুন ■ Create Youtube Channel https://goo.gl/sbZWFQ ■ YouTube A-Z https://goo.gl/Bxm5WX ■ 5 Ways to Earn Facebook https://goo.gl/kh5jr7 ■ Facebook Marketing Secrets https://goo.gl/csF9JV ■ 8000 TK https://goo.gl/TMK4bN ■ Per Work 50 TK https://goo.gl/1jpXph ■ Ipay 50 Tk free https://goo.gl/rLCNnc ■ Eken H9 CAMERA https://goo.gl/LuV428 ■ Lifetime income https://goo.gl/YYFpHQ ■ How much pay youtube https://goo.gl/gY3A7N ►►YouTube Related ■ My YouTube intro https://goo.gl/tet89S ■ Free YouTube Promotion https://goo.gl/QYAbgx ►►My Income Proof ■ 27890 Taka https://goo.gl/SCaQFw ■ 29000 TaKa https://goo.gl/rTKT16 ■ 2700$ https://goo.gl/ea4dr7 DISCLAIMER: This video and description contain affiliate links, which means that if you click on one of the product links, I’ll receive a small commission. This helps support the channel and allows us to continue to make videos like this. Thank you for the support! HimunChakma or send a message on this page and I'll see what I can do to answer it. Try to share my video on social media like facebook, twitter etc.Thanks for watching!
Views: 9632 Himun Official
Talking Points: • Trade wars are a critical fundamental theme that will likely motivate much of the volatility and momentum in the near future • While it is essential to account for this global stand off - and even take advantage - the Dollar-Yuan is a poor outlet • Being so close to the heart of trade wars, a conduit for remarkably uncertainty and presumed intervention makes USDCNH a risk See how retail traders are positioning in USDJPY, other FX crosses, indices, gold and oil intraday using the DailyFX speculative positioning data on the sentiment page. (https://www.dailyfx.com/sentiment?ref-author=Kicklighter)
Views: 1531 DailyFX
China's central bank has announced a significantly lower daily reference rate for the yuan against the U.S dollar. This, is as the People's Bank of China attempts to make its exchange rate regime more competitive and market-oriented. Hu Yinan has more
Views: 267 CGTN Africa
Euro (EUR), United States dollar (USD), South Korean won (KRW), Chinese yuan (CNY) currency exchange rates in the Philippines ... Exchange rates of Philippines currency Peso PHP today ... USD to PHP exchange rate , EUR / PHP, CNY / PHP, KRW / PHP exchange rates ... (Information Source: Bangko Sentral ng Pilipinas) 1 USD United States dollar to Philippine peso exchange rate... 1 EUR euro to Philippine peso ... 1 KRW South Korean won to Philippine peso ... 1 CNY Chinese yuan to Philippine peso ... BSP exchange rates ... Peso rates today... Forex & exchange rates in Manila, Philippines... Dollar to Peso forecast... Dollar rate in Central Bank of Philippines ... Mga Rate ng Pagbabago Ng Peso ng Pilipinas... Rate ng Dollar Exchange sa Pilipinas... Peso converter... Mga rate ng palitan ng pera 2019 ... 1 dollar how much peso... Philippine peso to US dollar exchange rate ... how much philippine peso is equal to one dollar... 1 euro kung magkano ang piso... Mga rate ng dolyar sa Maynila... Opisyal na rate ng palitan sa Flippin... 1 Korean nanalo kung magkano ang piso ... Today currency exchange rates in Manila... Nilai tukar 1 Rupiah Indonesia (INR) ke Peso (PHP)… 1 MYR Ringgit Malaysia ke Peso (PHP) kadar pertukaran di Manila ... 1 ringgit kung magkano ang piso ... Central Bank of Philippines exchange rates ...
Views: 265 BusinessMediaguide.Com
Use Windows Calculator for Live Currency Converter Facebook Page : https://www.facebook.com/MeMJTube Follow on twitter: https://twitter.com/mj1111983 Website : http://www.bsocialshine.com Afghan afghani, European euro, Albanian lek, Algerian dinar, United States dollar, Angolan kwanza, East Caribbean dollar, East Caribbean dollar, Argentine peso, Armenian dram, Aruban florin, Saint Helena pound, Australian dollar, Azerbaijan manat, Bahamian dollar, Bahraini dinar, Bangladeshi taka, Barbadian dollar, Belarusian ruble, Belize dollar, West African CFA franc, Bermudian dollar, Bhutanese ngultrum, Bolivian boliviano, Bosnia and Herzegovina convertible mark, Botswana pula, Brazilian real, Brunei dollar, Bulgarian lev, Burundi franc, Cape Verdean escudo, Cambodian riel, Central African CFA franc, Canadian dollar, Cayman Islands dollar, New Zealand dollar, Chilean peso, Chinese Yuan Renminbi, Australian dollar, Australian dollar, Colombian peso, Comorian franc, Congolese franc, Cook Islands dollar, Costa Rican colon, Croatian kuna, Cuban peso, Netherlands Antillean guilder, Czech koruna, Danish krone, Djiboutian franc, East Caribbean dollar, Dominican peso, Egyptian pound, Eritrean nakfa, Swazi lilangeni, Ethiopian birr, Falkland Islands pound, Faroese krona, Fijian dollar, CFP franc, Gambian dalasi, Georgian lari, Ghanaian cedi, Gibraltar pound, Danish krone, East Caribbean dollar, Guatemalan quetzal, Guernsey Pound, Guinean franc, Guyanese dollar, Haitian gourde, Honduran lempira, Hong Kong dollar, Hungarian forint, Icelandic krona, Indian rupee, Indonesian rupiah, SDR (Special Drawing Right), Iranian rial, Iraqi dinar, Manx pound, Israeli new shekel, Jamaican dollar, Japanese yen, Jersey pound, Jordanian dinar, Kazakhstani tenge, Kenyan shilling, Australian dollar, Kuwaiti dinar, Kyrgyzstani som, Lao kip, Lebanese pound, Lesotho loti, Liberian dollar, Libyan dinar, Swiss franc, Macanese pataca, Macedonian denar, Malagasy ariary, Malawian kwacha, Malaysian ringgit, Maldivian rufiyaa, Mauritanian ouguiya, Mauritian rupee, Mexican peso, Moldovan leu, Mongolian tugrik, East Caribbean dollar, Moroccan dirham, Mozambican metical, Myanmar kyat, Namibian dollar, Australian dollar, Nepalese rupee, CFP franc, New Zealand dollar, Nicaraguan cordoba, Nigerian naira, New Zealand dollar, Australian dollar, North Korean won, Norwegian krone, Omani rial, Pakistani rupee, Israeli new shekel, Papua New Guinean kina, Paraguayan guarani, Peruvian sol, Philippine peso, New Zealand dollar, Polish zloty, Qatari riyal, Romanian leu, Russian ruble, Rwandan franc, Saint Helena pound, East Caribbean dollar, East Caribbean dollar, East Caribbean dollar, Samoan tala, Sao Tome and Principe dobra, Saudi Arabian riyal, Serbian dinar, Seychellois rupee, Sierra Leonean leone, Singapore dollar, Netherlands Antillean guilder, Solomon Islands dollar, Somali shilling, South African rand, Pound sterling, South Korean won, South Sudanese pound, Sri Lankan rupee, Sudanese pound, Surinamese dollar, Norwegian krone, Swedish krona, Swiss franc, Syrian pound, New Taiwan dollar, Tajikistani somoni, Tanzanian shilling, Thai baht, New Zealand dollar, Tongan pa’anga, Trinidad and Tobago dollar, Pound sterling, Tunisian dinar, Turkish lira, Turkmen manat, Australian dollar, Ugandan shilling, Ukrainian hryvnia, UAE dirham, Pound sterling, Uruguayan peso, Uzbekistani som, Vanuatu vatu, Venezuelan bolivar, Vietnamese dong, CFP franc, Yemeni rial, Zambian kwacha, AFN, EUR, EUR, ALL, DZD, USD, EUR, AOA, XCD, XCD, ARS, AMD, AWG, SHP, AUD, EUR, AZN, BSD, BHD, BDT, BBD, BYN, EUR, BZD, XOF, BMD, BTN, BOB, USD, BAM, BWP, BRL, USD, USD, BND, BGN, XOF, BIF, CVE, KHR, XAF, CAD, USD, KYD, XAF, XAF, NZD, CLP, CNY, AUD, AUD, COP, KMF, CDF, XAF, none, CRC, XOF, HRK, CUP, ANG, EUR, CZK, DKK, DJF, XCD, DOP, USD, EGP, USD, XAF, ERN, EUR, SZL, ETB, FKP, none, FJD, EUR, EUR, EUR, XPF, XAF, GMD, GEL, EUR, GHS, GIP, EUR, DKK, XCD, EUR, USD, GTQ, GGP, GNF, XOF, GYD, HTG, HNL, HKD, HUF, ISK, INR, IDR, XDR, IRR, IQD, EUR, IMP, ILS, EUR, JMD, JPY, JEP, JOD, KZT, KES, AUD, EUR, KWD, KGS, LAK, EUR, LBP, LSL, LRD, LYD, CHF, EUR, EUR, MOP, MKD, MGA, MWK, MYR, MVR, XOF, EUR, USD, EUR, MRU, MUR, EUR, MXN, USD, MDL, EUR, MNT, EUR, XCD, MAD, MZN, MMK, NAD, AUD, NPR, EUR, XPF, NZD, NIO, XOF, NGN, NZD, AUD, USD, KPW, NOK, OMR, PKR, USD, ILS, USD, PGK, PYG, PEN, PHP, NZD, PLN, EUR, USD, QAR, EUR, RON, RUB, RWF, USD, EUR, SHP, XCD, XCD, EUR, EUR, XCD, WST, EUR, STN, SAR, XOF, RSD, SCR, SLL, SGD, USD, ANG, EUR, EUR, SBD, SOS, ZAR, GBP, KRW, SSP, EUR, LKR, SDG, SRD, NOK, SEK, CHF, SYP, TWD, TJS, TZS, THB, USD, XOF, NZD, TOP, TTD, GBP, TND, TRY, TMT, USD, AUD, UGX, UAH, AED, GBP, USD, UYU, USD, UZS, VUV, EUR, VEF, VND, USD, XPF, YER, ZMW,
Views: 6838 MJ Tube
Official exchange rates of the European currency euro ... EUR to USA dollar (USD), British pound sterling (GBP), Japanese yen (JPY), Chinese yuan renminbi (CNY)... (Information Source: European Central Bank) European euro currency exchange rates 2019 ... Euro exchange rate today ... 1 EUR to USD 1 EUR to GBP 1 EUR to JPY 1 EUR to CNY EUR / USD, EUR / GBP, EUR / JPY, EUR / CNY currency exchange rates ...
Views: 101 BusinessMediaguide.Com
Learn to invest and trade: http://www.informedtrades.com Key points in this video: 1. USDCNH is has fallen back into its price channel and is now at the top trendline of the channel. Given the ongoing initiatives of the PBOC to internationalize the yuan, I think this may be a good time to short the yuan. Accordingly, I just entered a small position with my stop 1,000 pips above at 6.45 and a target profit of the lows from 2014 near 6.00. 2. We are seeing USD at resistance against EUR, and also approaching resistance against gold. This may fit the theme of USD weakness getting ready to appear. 3. If dollar weakness does appear, the holding pattern on TLT -- the ETF tracking long-dated US Treasury bonds -- may break south. We may also see oil rise too. 4. High grade copper continues to head south, and may complete an AB=CD pattern that would give it a target of around 2.03. I don't have a trade on here, but it may be a nice reward/risk setup for those who wish to trade copper.
Views: 495 InformedTrades
Live video market updates and analysis with Jasper Lawler. RW: 79% of our retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing money. See More At: www.lcg.com/uk/analysis Twitter: @LCGTrading Facebook: https://www.facebook.com/Londoncapitalgroup
Views: 2131 London Capital Group
Quick guide to your foreign exchange rates and currency converter for the PC. Instantly converts and calculates between two pairs of currencies. Download direct: http://currencyconverterpc.com/download/ More details: http://currencyconverterpc.com
Views: 181 aquariussoftdr
For Updated Exchange Rates Of The Peso Click This Link... https://www.youtube.com/watch?v=8972n6eA2pA Official exchange rates of Philippines currency Peso PHP... (Information Source: Bangko Sentral ng Pilipinas) 1 USD United States Dollar to Philippine Peso 1 EUR Euro to Philippine Peso 1 JPY Japanese Yen to Philippine Peso 1 CNY Chinese Yuan to Philippine Peso 1 AED United Arab Emirates Dirham to Philippine Peso 1 CAD Canadian Dollar to Philippine Peso 1 INR Indian Rupee to Philippine Peso 1 AUD Australian dolar to Philippine Peso 1KRW South Korean won to Philippine Peso BSP exchange rates 2019... Peso rates today... Forex & exchange rates in Manila, Philippines... USD/PHP, EUR/PHP, CNY/PHP, AUD/PHP, AED/PHP, CAD/PHP, INR/PHP, JPY/PHP, KRW/PHP Dollar to Peso forecast... Dollar rate in Central Bank of Philippines ... Mga Rate ng Pagbabago Ng Peso ng Pilipinas... Rate ng Dollar Exchange sa Pilipinas... Peso converter... Mga rate ng palitan ng pera 2019 ... 1 dollar how much peso... how much philippine peso is equal to one dollar... 1 euro kung magkano ang piso... Mga rate ng dolyar sa Maynila... Opisyal na rate ng palitan sa Flippin...
Views: 1908 BusinessMediaguide.Com
Official exchange rates of Philippines currency Peso PHP... (Information Source: Bangko Sentral ng Pilipinas) 1 EUR euro to Philippine peso exchange rate ... 1 USD United States dollar to Philippine peso exchange rate ... 1 JPY Japanese yen to Philippine peso 1 GBP UK pound sterling to peso PHP 1 CNY Chinese yuan to Philippine peso 1 AED United Arab Emirates dirham to Philippine peso 1 CAD Canadian dollar to Philippine peso 1 AUD Australian dollar to Philippine peso 1 HKD Hong Kong dollar to peso (PHP) exchange rate … 1 IDR Indonesian rupiah to peso (PHP) exchange rate … 1 INR Indian rupee to Philippine peso 1 SGD Singapore dollar to Peso (PHP) exchange rate… 1 PKR Pakistani rupee to Peso (PHP) exchange rate… 1 THB Thai baht to Peso (PHP) currency exchange rate … 1 SAR Saudi Arabian riyal to peso (PHP) exchange rate… 1 KRW South Korean won to Philippine peso 1 MYR Malaysian ringgit to peso (PHP) exchange rate… BSP exchange rates ... Peso rates today... Forex & exchange rates in Manila, Philippines... Dollar to Peso forecast... Dollar rate in Central Bank of Philippines ... Mga Rate ng Pagbabago Ng Peso ng Pilipinas... Rate ng Dollar Exchange sa Pilipinas... Peso converter... Mga rate ng palitan ng pera 2019 ... 1 dollar how much peso... how much philippine peso is equal to one dollar... 1 euro kung magkano ang piso... Mga rate ng dolyar sa Maynila... Opisyal na rate ng palitan sa Flippin... 1 Korean nanalo kung magkano ang piso ... Today currency exchange rates in Manila... Nilai tukar 1 Rupiah Indonesia (INR) ke Peso (PHP)… 1 MYR Ringgit Malaysia ke Peso (PHP) kadar pertukaran di Manila ... 1 ringgit kung magkano ang piso ... USD / PHP, EUR / PHP, GBP / PHP, THB / PHP, CNY / PHP, AUD / PHP, AED / PHP, CAD / PHP, INR /PHP , JPY / PHP, KRW /PHP , MYR / PHP, SAR / PHP, PKR / PHP, HKD / PHP, SGD / PHP currency exchange rates
Views: 333 BusinessMediaguide.Com
All currency converter app converts currency easily. Just select the desired currency and enter the value fir first and get converted result. All Currency Converter is a real-time currency exchange rates converter. (The calculator is featured). All around the world offer rates for almost all currencies (over 162) and also comes with a special price for minerals such as gold, silver and. #Comes with a simple exchange rate conversion and exchange rate calculation. #View and can calculate currency (the currency of some ready ...) AED UAE Dirham AFN Afghan Afghani ALL Albanian Lek AMD Armenian Dram ANG Neth Antilles Guilder AOA Angolan Kwanza ARS Argentine Peso AUD Australian Dollar AWG Aruba Florin AZN Azerbaijani New Manat BAM Bosnian Convertible Marka BBD Barbados Dollar BDT Bangladesh Taka BGN Bulgarian Lev BHD Bahraini Dinar BIF Burundi Franc BMD Bermuda Dollar BND Brunei Dollar BOB Bolivian Boliviano BRL Brazilian Real BSD Bahamian Dollar BTC Bitcoin BTN Bhutan Ngultrum BWP Botswana Pula BYN New Belarusian Ruble BZD Belize Dollar CAD Canadian Dollar CDF Congolese Franc CHF Swiss Franc CLP Chilean Peso CNY Chinese Yuan COP Colombian Peso CRC Costa Rica Colon CUP Cuban Peso CVE Cape Verde Escudo CYP Cyprus Pound CZK Czech Koruna DJF Dijibouti Franc DKK Danish Krone DOP Dominican Peso DZD Algerian Dinar EGP Egyptian Pound ERN Eritrean Nakfa ETB Ethiopian Birr EUR Euro FJD Fijian Dollar FKP Falkland Islands Pound GBP British Pound GEL Georgian Lari GHS Ghanaian Cedi GIP Gibraltar Pound GMD Gambian Dalasi GNF Guinea Franc GTQ Guatemala Quetzal GYD Guyana Dollar HKD Hong Kong Dollar HNL Honduras Lempira HRK Croatian Kuna HTG Haiti Gourde HUF Hungarian Forint IDR Indonesian Rupiah ILS Israeli Shekel INR Indian Rupee IQD Iraqi Dinar IRR Iranian Rial ISK Iceland Krona JMD Jamaican Dollar JOD Jordanian Dinar JPY Japanese Yen KES Kenyan Shilling KGS Kyrgyzstani Som KHR Cambodia Riel KMF Comoros Franc KPW North Korean Won KRW Korean Won KWD Kuwaiti Dinar KYD Cayman Islands Dollar KZT Kazakhstan Tenge LAK Lao Kip LBP Lebanese Pound LKR Sri Lanka Rupee LRD Liberian Dollar LSL Lesotho Loti LTL Lithuanian Lita LVL Latvian Lat LYD Libyan Dinar MAD Moroccan Dirham MDL Moldovan Leu MGA Malagasy Ariary MKD Macedonian Denar MMK Myanmar Kyat MNT Mongolian Tugrik MOP Macau Pataca MRO Mauritania Ougulya MUR Mauritius Rupee MVR Maldives Rufiyaa MWK Malawi Kwacha MXN Mexican Peso MYR Malaysian Ringgit MZN Mozambican Metical NAD Namibian Dollar NGN Nigerian Naira NIO Nicaragua Cordoba NOK Norwegian Krone NPR Nepalese Rupee NZD New Zealand Dollar OMR Omani Rial PAB Panama Balboa PEN Peruvian Nuevo Sol PGK Papua New Guinea Kina PHP Philippine Peso PKR Pakistani Rupee PLN Polish Zloty PYG Paraguayan Guarani QAR Qatar Rial RON New Romanian Leu RSD Serbian Dinar RUB Russian Rouble RWF Rwandan Franc SAR Saudi Arabian Riyal SBD Solomon Islands Dollar SCR Seychelles Rupee SDG Sudanese Pound SEK Swedish Krona SGD Singapore Dollar SHP St Helena Pound SIT Slovenian Tolar SLL Sierra Leone Leone SOS Somali Shilling SRD Surinamese Dollar STD Sao Tome Dobra SVC El Salvador Colon SYP Syrian Pound SZL Swaziland Lilageni THB Thai Baht TJS Tajikistani Somoni TMT Turkmenistani Manat TND Tunisian Dinar TOP Tonga Pa'anga TRY Turkey Lira TTD Trinidad&Tobago Dollar TWD Taiwan Dollar TZS Tanzanian Shilling UAH Ukraine Hryvnia UGX Ugandan Shilling USD U.S. Dollar UYU Uruguayan New Peso UZS Uzbekistani Som VEF Venezuelan Bolivar VND Vietnam Dong VUV Vanuatu Vatu WST Samoa Tala XAF CFA Franc (BEAC) XAG Silver Ounces XAU Gold Ounces XCD East Caribbean Dollar XDR IMF Special Drawing Rights XOF CFA Franc (BCEAO) XPD Palladium Ounces XPF Pacific Franc XPT Platinum Ounces YER Yemen Riyal ZAR South African Rand ZMW Zambian Kwacha
Views: 104544 tech4all
Pakistan will allow the Chinese currency yuan to be used for imports, exports and financing transactions for bilateral trade and investment activities, in a move economists says would simplify a massive Chinese investment project. Both public and private sector enterprises may use the yuan for bilateral trade and investment, the central State Bank of Pakistan says in a statement issued . Watch this video for more details. पाकिस्तान और चीन की दोस्ती और मज़बूत हो गई | जी हां पाकिस्तान में जो दर्जा अभी तक अमेरिकी डॉलर को मिलता था वो अब चीनी करेंसी को भी मिलेगा | खबर के मुताबिक, पाकिस्तान के प्लानिंग एंड डेवलप्मेंट मिनिस्टर अहसन इकबाल और चीनी एंबेसडर याओ जिंग 2017-2030 के लिए प्लान लॉन्च किया था जिसमें चाइना-पाकिस्तान इकॉनमिक कॉरिडोर बनना भी है | इस प्लान में शामिल किए गए कुछ अन्य फीचर्स में ये भी कहा गया है कि युआन को यूएस डॉलर के बराबर का दर्जा दिया जाए और चीनी निवेश को कृषि उत्पादन में जगह दी जाए| पूरी जानकीके लिए देखें ये वीडियो | -------------------------------------------------------------------------------------------------------------- Subscribe to OneIndia Hindi Channel for latest updates on movies and related videos. You Tube: https://www.youtube.com/channel/UCOjgc1p2hJ4GZi6pQQoXWYQ Follow us on Twitter : https://twitter.com/oneindiaHindi Like us on Facebook : https://www.facebook.com/oneindiahindi Join our circle in Google Plus : https://plus.google.com/u/0/b/118156146313394866739/+oneindiahindi Download App: https://play.google.com/store/apps/details?id=in.oneindia.android.tamilapp
Views: 4995 Oneindia Hindi | वनइंडिया हिन्दी
The central parity rate of the Chinese currency, the renminbi or yuan, depreciated to 6.5646 against the US dollar on Thursday. This is the lowest level since March 18, 2011, data from the China Foreign Exchange Trading System (CFETS) showed. Subscribe to us on Youtube: https://www.youtube.com/user/CCTVNEWSbeijing Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/cctvnewschina Twitter: https://twitter.com/CCTVNEWS Google+: https://plus.google.com/+CCTVNEWSbeijing Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
Views: 582 CGTN
China took another step on Saturday towards turning the yuan into a global currency by doubling the size of its trading band against the dollar to 1 percent. By peeling back trading restrictions on the yuan, Beijing is working toward its goal of having a currency that trades relatively freely, or is basically convertible, by 2015. Below is a timetable of key reforms to China's foreign exchange system. 1988 - China sets up semi-official currency swap centres around the country to allow firms to trade the yuan, also known as the renminbi or "people's currency", at a rate that better reflects market demand. 1994, Jan - China unifies its dual exchange rates by aligning official and swap centre rates, officially devaluing the yuan by 33 percent overnight to 8.7 to the dollar as part of reforms to embrace a "socialist market economy". 1994, Apr - China sets up its first interbank currency market in Shanghai, the China Foreign Exchange Trade System. The yuan's value is fixed around 8.28 to the dollar and the central bank intervenes to keep it stable. 1996, Dec - China allows the yuan to be fully convertible under the current account. 1994-1996 - The yuan strengthens steadily from 8.7 to the dollar to around 8.28. 1997-1999 - China wins wide praise for keeping the yuan stable during the Asian financial crisis despite pressure to devalue. The yuan was boxed between 8.2770 and 8.2800 for about three years through frequent central bank intervention. 2000 - China allows the yuan to close slightly above its 30-basis-point band, which is later widened by 10 points to 8.2760-8.2800 against the dollar. 2001, Dec - China joins the World Trade Organization and pledges to gradually adjust its currency regime. 2003 - China's huge trade surplus with the United States and the rest of the world leads to mounting international pressure on Beijing to let the yuan rise to balance global trade. 2004, Dec - Premier Wen Jiabao says China will move gradually towards a flexible currency regime. 2005, Jul - China revalues the yuan by 2.1 percent and revises rules governing its currency, saying it has shifted to "a managed floating exchange rate based on market supply and demand with reference to a basket of currencies". The central bank says the dollar, euro, yen and Korean won are the main currencies in the basket. Others include the Singapore dollar, sterling, Malaysian ringgit, Russian rouble, Australian dollar, Thai baht and Canadian dollar. The weightings are secret. 2007, May - China widens the yuan's daily trading band against the dollar to 0.5 percent from 0.3 percent. 2008, Jul - China's central bank effectively pegs the yuan against the dollar at 6.83 to help its economy ride through the worst of the global financial crisis. 2009, Jul - China takes a step towards internationalizing the yuan by launching a pilot programme that allows selected Chinese regions to pay for imports and exports in yuan. 2010, Jun - China says it is resuming its reforms of the yuan exchange rate and increasing currency flexibility, effectively ditching a two-year peg to the dollar that was enacted during the global financial crisis. 2012, Feb - The yuan hits a record high of 6.2884 per dollar. 2012, Mar - China steps up efforts to internationalize the yuan by allowing all firms in the country to pay for imports and exports in yuan. 2012, Apr - China widens the trading band for the yuan against the dollar to 1 percent from 0.5 percent. Focus on RMB rate against USD transition since 1994 currency reform China government 聚焦人民币 1994年以来的汇率變遷,for more information about china world news visit site at http://youtube.com/user/cosmeticmachines as well as business website at http://penglaichina.com
Views: 402 USA AGENT OFFICE PENGLAI INDUSTRIAL CORP LTD
China's export growth was disappointing in the final month of 2013due to lackluster demand from developed markets, data released Friday showed. A teller counts Chinese yuan notes in Beijing. Agence France-Presse/Getty Images But there could be more problems in store for China's exporters in 2014 as the yuan currency's continued appreciation against the U.S. dollar makes the country's goods more expensive in world markets. China's exporters have to contend with rising wages and other costs that have crept up in recent years. The appreciation of the yuan, or renminbi, is another headache, which makes China's goods more expensive overseas and reduces profits in local-currency terms. "Rising wages and the yuan are a tremendous problem for us," said Uwe Hutzler, the general manager of a Chinese company that supplies leather to clothing manufacturers. "We have to pay our expenses and salaries in renminbi but our invoices are in dollars." China still remains an export powerhouse for manufacturing goods like electronics. The nation's share of world trade remains above 10% despite cost pressures. Foreign companies say they need to invest in China because of its large scale of production and integrated supply networks. Data released Friday showed China's total trade exceeded $4 trillion in 2013, overtaking the U.S. as the world's largest trading country. But there are signs of potential problems ahead for the nation's export sector. Weak demand from the U.S. and Europe is a concern. Exports in December grew 4.3% compared with a year earlier, the latest data showed, down from 12.7% year-over year growth in November. That is partly explained by distortions in the data, with an unusually strong month in December 2012 providing an unflattering comparison. ANZ Bank pointed out export growth in 2013 as a whole was 7.6%, the second straight year exports have undershot an 8% target. The bank put this down to "diminishing trade competitiveness" as the yuan appreciates. In real terms — taking account of inflation — the currency appreciated 18.5% against the dollar between June 2010 and November 2013, according to calculations by Karim Foda, a researcher at Brookings Institution. Against some Asian currencies — notably the Indonesian rupiah and the Indian rupee, which fell sharply last year — the declines have been even larger. More than 500 Chinese companies surveyed by Global Sources, a China-based firm that runs an online marketplace for exporters, cited the strength of the yuan as the most pressing challenge of 2014. A year earlier the currency issue was only number four on the list, eclipsed by rising costs, price competition and slow orders from Europe and the U.S. To deal with rising costs, many manufacturers based in coastal southern China are moving production to cheaper inland facilities or to cheaper countries like Cambodia, Bangladesh and Vietnam. Since the beginning of the 2008 financial crisis, shoemakers in Guangdong region have moved about one third of their production to the interior of China and another third to Southeast Asia, said Li Peng, secretary general of Asian Footwear Industry Association. "A lot of shoemakers near the coastal areas barely make any profits," he said. "They are struggling to survive." Chetan Ahya, an economist with Morgan Stanley in Hong Kong, says it's too early for manufacturers to have shifted orders from China based on currency movements, but this could become a bigger factor in 2014. Chinese officials point out that a stronger yuan also means cheaper imports. China's government is attempting to move the country away from reliance on state-led industry and exports toward larger domestic consumption. Cheaper imports of foreign goods will help achieve this goal. "Yuan appreciation will surely lift exports prices and undermine our exports competitiveness," said Zheng Yuesheng, a spokesman for the Customs Administration. "But... yuan appreciation also helps lower our imports costs." Policy makers, though, are keen the shift away from exports and heavy industry doesn't lead to economic dislocations and rising unemployment. There already are worrying signs that China's role as the world's factory floor is being undercut. Foreign investment into Chinese manufacturing dropped 5.7% year-over-year in the first 11 months of 2013 to $64.7 billion, the most recent data available, after a 7.1% decline in 2012. In contrast, Vietnam's FDI surged by more than 80% last year as manufacturers rushed to take advantage of lower costs. Up after Up for Chinese Yuan 30% Percent RMB appreciates against US Dollar ever since china exchange,for more infromation about china financial system subscribe and browse channal at http://youtube.com/user/cosmeticmachines
Official exchange rates of Philippines currency Peso PHP... (Information Source: Bangko Sentral ng Pilipinas) 1 USD United States Dollar to Philippine Peso exchange rate... 1 EUR Euro to Philippine Peso 1 JPY Japanese Yen to Philippine Peso 1 CNY Chinese Yuan to Philippine Peso 1 AED United Arab Emirates Dirham to Philippine Peso 1 CAD Canadian Dollar to Philippine Peso 1 AUD Australian dolar to Philippine Peso 1KRW South Korean won to Philippine Peso 1 HKD Hong Kong Dollar to Peso (PHP) exchange rate… 1 IDR Indonesian Rupiah to Peso (PHP) exchange rate… 1 SAR Saudi Arabian Riyal to Peso (PHP) exchange rate… 1 INR Indian Rupee to Philippine Peso 1 SGD Singapore Dollar to Peso (PHP) exchange rate… 1 PKR Pakistani Rupee to Peso (PHP) exchange rate… 1 MYR Malaysian Ringgit to Peso (PHP) exchange rate… BSP exchange rates ... Peso rates today... Forex & exchange rates in Manila, Philippines... Dollar to Peso forecast... Dollar rate in Central Bank of Philippines ... Mga Rate ng Pagbabago Ng Peso ng Pilipinas... Rate ng Dollar Exchange sa Pilipinas... Peso converter... Mga rate ng palitan ng pera 2019 ... 1 dollar how much peso... how much philippine peso is equal to one dollar... 1 euro kung magkano ang piso... Mga rate ng dolyar sa Maynila... Opisyal na rate ng palitan sa Flippin... 1 Korean nanalo kung magkano ang piso ... Today currency exchange rates in Manila... Nilai tukar 1 Rupiah Indonesia (INR) ke Peso (PHP)… 1 MYR Ringgit Malaysia ke Peso (PHP) kadar pertukaran di Manila ... 1 ringgit kung magkano ang piso ... USD/PHP, EUR/PHP, CNY/PHP, AUD/PHP, AED/PHP, CAD/PHP, INR/PHP, JPY/PHP, KRW/PHP, MYR/PHP, SAR/PHP, PKR/PHP, HKD/PHP, SGD/PHP
Views: 3056 BusinessMediaguide.Com
Official Exchange Rates Of The Turkish Lira... (Information Source: The Central Bank of Turkey) USD/TRY EUR/TRY JPY/TRY CNY/TRY RUB/TRY Currency exchange rates in Turkey... Официальные курсы турецкой лиры ... Türk Lirasının resmi döviz kurları... Türkiye Cumhuriyeti Merkez Bankasının resmi döviz kurları... Dolar, Euro, Yapon İyeni, Çin Yuanı ve Rus Rublesinin fiyatları... Merkez bankasının dolar ve euro kuru... Türk pulunun mezennesi... Offizielle Wechselkurse der Türkischen Lira ... أسعار الصرف الرسمية لليرة التركية ... तुर्की लीरा की आधिकारिक विनिमय दर ... 土耳其里拉的官方匯率...... トルコリラの公式為替レート... Η επίσημη συναλλαγματική ισοτιμία της Τουρκικής λίρας ... Les taux de change officiels de la lire turque ... თურქული ლირას ოფიციალური გაცვლითი კურსი ... نرخ ارز رسمی لیره ترکیه ... Офіційні курси турецької ліри ... Normat zyrtare të këmbimit të Lira Turke ... Turkish banking... Обменный курс турецкой лиры ... United States Dollar (USD) to Turkish Lira (TRY) … Russian Ruble (RUB) to Turkish Lira (TRY) … Euro to Turkish Lira (TRY) … Japanese Yen (JPY) to Turkish Lira (TRY) … Chinese Yuan (CNY) to Turkish Lira (TRY) … Türkischer wechselkurs... Tipos de cambio oficiales de la lira turca ... Түркия лирасының ресми бағамдары ... Virallinen valuuttakurssit Turkin liira ... Званични курсеви турске лира ... 터키 리라의 공식 환율 ... Taxas de câmbio oficiais da lira turca ... Расмий алмашуу курстарынын Түрк лирасынын ... Официален курсове на турската лира ... A Török Líra hivatalos árfolyama ... Turk lirasining rasmiy narxi ...
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Exchange rates of the Malaysian currency Ringgit (MYR) ... USD to MYR exchange rate, EUR / MYR, JPY/ MYR, GBP / MYR, CNY / MYR, CAD / MYR, AUD / MYR, PHP / MYR, HKD / MYR, THB / MYR, KRW / MYR, AED / MYR, SAR / MYR, IDR / MYR, SGD / MYR, PKR / MYR, INR MYR exchange rates ... Bank Negara Malaysia exchange rates... Central Bank of Malaysia currency exchange rates today... Dollar rate in Kuala Lumpur, Malaysia ... Today currency exchange rates in Malaysia ... Kadar Ringgit Malaysia (MYR) ... Kadar dolar Amerika di Kuala Lumpur, Malaysia ... Kadar tukaran mata wang hari ini di Malaysia ... Kadar pertukaran Bank Negara Malaysia ... satu dolar berapa ringgit ... one euro how much ringgit ... 1 USD United States Dollar to Malaysian Ringgit (MYR) exchange rate … 1 EUR Euro to Malaysian Ringgit (MYR) exchange rate… 1 GBP to Malaysian Ringgit (MYR) exchange rate … 100 JPY Japanese Yen to Malaysian Ringgit (MYR) exchange rate … 1 CNY Chinese Yuan to Malaysian Ringgit (MYR) exchange rate… 100 AED UAE Dirham to Malaysian Ringgit (MYR) exchange rate… 1 CAD Canadian Dollar to Malaysian Ringgit (MYR) exchange rate… 1 AUD Australian Dollar to Malaysian Ringgit (MYR) exchange rate … 100 KRW South Korean Won to Malaysian Ringgit (MYR) exchange rate … 100 HKD Hong Kong Dollar to Malaysian Ringgit (MYR) exchange rate … 100 IDR Indonesian Rupiah to Malaysian Ringgit (MYR) exchange rate … 100 SAR Saudi Arabian Riyal to Malaysian Ringgit (MYR) exchange rate … 1 SGD Singapore Dollar to Malaysian Ringgit (MYR) exchange rate… 100 PKR Pakistani Rupee to Malaysian Ringgit (MYR) exchange rate… 100 PHP Philippine Peso to Malaysian Ringgit (MYR) exchange rate… 100 THB Thai Baht to Malaysian Ringgit (MYR) exchange rate… 100 INR Indian Rupee to Malaysian Ringgit (MYR) exchange rate…
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For Updated Exchange Rates Of The Peso Click This Link... http://www.businessmediaguide.com/exchange_rates_of_the_peso/ Official exchange rates of Philippines currency Peso PHP... (Information Source: Bangko Sentral ng Pilipinas) 1 USD United States Dollar to Philippine Peso 1 EUR Euro to Philippine Peso 1 JPY Japanese Yen to Philippine Peso 1 CNY Chinese Yuan to Philippine Peso 1 AED United Arab Emirates Dirham to Philippine Peso 1 BRL Brazilian Real to Philippine Peso 1 INR Indian Rupee to Philippine Peso 1 AUD Australian dolar to Philippine Peso 1KRW South Korean won to Philippine Peso BSP exchange rates... Peso rates today... Forex & exchange rates in Manila, Philippines... USD/PHP, EUR/PHP, CNY/PHP, AUD/PHP, AED/PHP, BRL/PHP, INR/PHP, JPY/PHP, KRW/PHP Dollar to Peso forecast... Dollar rate in Central Bank of Philippines ... Mga Rate ng Pagbabago Ng Peso ng Pilipinas... Rate ng Dollar Exchange sa Pilipinas... Peso converter... Mga rate ng palitan ng pera 2019 ... 1 dollar how much peso... how much philippine peso is equal to one dollar... 1 euro kung magkano ang piso... Mga rate ng dolyar sa Maynila... Opisyal na rate ng palitan sa Flippin...
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Confirmed Death of US Dollar China Launches Petro-Yuan Trade War Dollar Collapse WW3 The highly anticipated yuan-backed crude oil futures have been launched in Shanghai. China is the world’s biggest oil consumer, with eyes on rival benchmarks Brent and WTI as well as the US currency. Trading of the new oil futures contracts for September settlement started on the Shanghai International Energy Exchange at 440.20 yuan ($69.70) per barrel, reports Chinese daily the South China Morning Post. Some 18,540 lots have reportedly been sold and purchased so far. The long-awaited step evoked a surge in global prices for oil with Brent Crude soaring to $71 a barrel for the first time since 2015. US crude benchmark West Texas Intermediate (WTI) reached the highest level in three years at $66.55 per barrel, before retreating to $65.53. Experts see China’s yuan-dominated contracts as historic as the new futures symbolize the first time that foreign investors can access a Chinese commodity market. The launch ends years of setbacks and delays since the country’s first attempt at listing the securities in 1993. At the same time, the petro-yuan launch is seen as a blow to the US dollar that has been weakening in recent months. The US dollar is the predominant settlement currency for oil futures contracts. On Monday, the greenback slipped to a 16-month low against the Japanese yen, but remained steady against a basket of six major currencies. Oil surging to multi-year highs as China launches petro-yuan https://on.rt.com/91uo Oil surging to multi-year highs as China launches petro-yuan — RT Business News Crude oil prices rose to their highest level in over three years after yuan-backed crude oil futures debuted strongly on the Shanghai exchange on Sunday. Chinese authorities have reportedly accelerated the launch amid growing crude imports. Last year, the country outpaced the US as the world’s number one importer of oil. Thus, the contracts may not only help to win some control over pricing from the major international benchmarks, but also promote the use of Chinese currency in global trade. The greenback will get weaker, as soon as other nations have a real credible alternative to it, Ann Lee, Adjunct Professor of Economics and Finance at New York University and author of the book ‘What the US Can Learn From China’, told RT. “It is more of a game changer for the US. As soon as other nations have a real credible alternative to the US dollar, they can dump dollars and switch to the yuan which can spark a dollar crisis. If that happens, not only will there be inflation from the tariffs, but also from the flood of dollars,” said Lee.
Views: 1307 Breaking News TV 2 Russian Accent
Why Indian RUPEE is falling against US dollar? https://www.youtube.com/watch?v=OTJfM8r_q3A&t=14s Today, the whole world's business is mostly in the US dollar, the world of debt is also in the US dollar, foreign exchange reserves of different countries of the world are also in the US dollar. because the US dollar is the strongest currency in the world. Well, some of the currencies are ahead of the dollar like Euro, Bahrain Dinar and many more, but for the world, these currency is not as important as the US dollar. So in today's video we will talk about why US dollar is the world's strongest currency? And how did it become the world's strongest currency? In what places are the dollar used? The entire history of the US dollar. the history of the US Dollar: During the American Revolution of 1776, revolutionaries demanded that each country has its official currency. on 2 April 1792, Alexander Hamilton, presented a report in front of the National Congress by scientifically determining the amount of silver in the "Spanish Milled Dollar" coins. As a result of this report, the dollar was defined as the unit of measure. #Dollar #USD #USDollar The history behind the Dollar Icon ($) is that the English US-United States was added to indicate the US dollar. the current strength of the dollar was introduced after the Breton Woods Agreement in 1944. Before that, most of the world's countries considered gold as a better standard. The governments of those countries used to promise that they would fix their currency on the basis of the value of gold demand. But New Hampshire's Breton Woods found the developed countries of the world and fixed the exchange rate of all the currencies against the US dollar. That is, if anything is to be done in the whole world, then the US dollar will be used. Because the United States had the world's largest gold reserves at that time. And this agreement allowed other countries to support dollar of their currency rather than gold. After that, in the beginning of the year 1970, many countries started demanding gold in return for fighting inflation. These countries gave dollars to the US and used to take gold in return. America's gold reserves ended when this happened. American President Nixon of that time, instead of allowing all his stores to be extinguished, instead of dumping the dollar from sleep, thus the exchange rate between dollar and gold ended and the exchange value of currencies; Started on the basis of demand and fulfillment. how dollar been world's strongest currency and it's reasons: there are a total of 185 currencies around the world. But most of these currencies are used within their own country. The extent of any currency prevailing throughout the world depends on the economy and strength of that country. Because 85% of the world's business is with the help of US Dollar. About 39% of the world's debt is given in US dollars and 65% of the total dollar amount is used outside of the United States. That's why foreign banks and countries need dollar in international trade. The foreign currency reserves in the central banks around the world account for 64% of the US dollar. If two non-American countries also do business with each other, they prefer to take US dollars as a payment because they know that if they have a dollar in their hands, they will import their goods from any other country. So today, US dollar has become the world's strongest currency and if it is talking about Euro currency in front of it, the euro is 20% of the foreign currency reserves of central banks around the world. Euro is dominated by many areas of the world. The euro is also strong because the European Union is one of the world's largest economies, and some economists believe that in the coming time Euro can replace the dollar. China and Russia have demanded a new global currency, both of which want to create a reserve currency for the world, fourth quarter of 2016, China's Yuan was another major reserve currency of the world. And by the third quarter of the year 2017, there were 108 billion dollars in the central bank of the world. By the end of 2006, the total foreign exchange reserves of central banks across the world had increased to Euro 25% and the dollar was 66%. Euro is also dominated by many areas of the world, and the Euro is also strong because today the European Union has become one of the world's largest economies. According to a report from the European Union, in the year 2016, the share of the United States accounted for 14% of the total exports of the world and 18% in the United States of imports. Based on these figures, US in world trade and the global currency in the international market of dollars.
Views: 287007 Interesting Top 10s In Hindi
So here it is people. Part 1 of my currency collection. In this video I show you the foreign bank notes I've collected throughout the years. In the next video I will show you the coins that my wife and I have collected! Exchange rate to USD included. Foreign Bank Notes in this video: Bolivian Bolivianos, Brazilian Real, Canadian Dollar, Chinese Renminbi Yuan, Chinese Wu Jiao, Chinese Yi Yuan, Danish Krone, European Euro, Haitian Gourde, Hong Kong Dollar, Hungarian Forint, Icelandic Krona, Indonesia Rupiah, Italian Lira, Jamaican Dollar, Japanese Yen, Mexican Peso, Mongolian Tögrög (Tugrik), Nigerian Naira, Swedish Krona, Philippine Piso, Polish Zloty, Singapore Dollar, South Korean Won, Norwegian Krone, Turkish Lira and the British Pound (United Kingdom) Pound. Social Media: ► Instagram: https://www.instagram.com/eliterb28/ ► Snapchat: www.snapchat.com/add/eliterb28
Views: 30192 The Angry Spud
How the Chinese Central Bank could peg the Yuan to the dollar by printing Yuan and buying dollars (building up a dollar reserve). Created by Sal Khan. Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/core-finance/money-and-banking/currency-tutorial/v/chinese-central-bank-buying-treasuries?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/money-and-banking/currency-tutorial/v/currency-effect-on-trade-review?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Finance and capital markets on Khan Academy: This tutorial walks through how China's undervaluing of its currency impacts trade and prices (which also fuels cheap borrowing for the U.S.). About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy’s Finance and Capital Markets channel: https://www.youtube.com/channel/UCQ1Rt02HirUvBK2D2-ZO_2g?sub_confirmation=1 Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 111768 Khan Academy
rmb to usd Watch my video rmb to usd and learn how to convert Chinese Yuan Renminbi (CNY) currency and USA dollar (USD). Chinese Yuan Renminbi (CNY) = The yuan (元/圆) (sign: ¥) The distinction between the terms "renminbi" and "yuan" is similar to that between sterling and pound USA dollar (sign: $; code: USD; also abbreviated US$ XE online currency converter and calculator rmb to usd Contact: Christos Pittis website: www.christospittis.com https://www.udemy.com/u/christospittis/ twitter: https://twitter.com/CPITTIS facebook page: https://www.facebook.com/christoscpittis email: [email protected] https://www.udemy.com/u/christospittis/ YouTube: https://www.youtube.com/channel/UClqulZeiMIfgPv_LirylA0g/videos
Views: 641 Entrepreneurship pdf
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Views: 339 life entertainment
The People’s Bank of China set the Chinese yuan’s midpoint rate at 6.7098 per US dollar on Tuesday morning, 90 basis points lower than on Monday. Economists say the depreciation of the yuan, which has reached its lowest point since 2010, is due to the strengthening US dollar, which was led by the weakening of the British pound. Subscribe to us on Youtube: https://goo.gl/lP12gA Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/cctvnewschina Twitter: https://twitter.com/CCTVNEWS Google+: https://plus.google.com/+CCTVNEWSbeijing Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
Views: 909 CGTN
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Views: 607 life entertainment
China's central bank on Friday raised the value of the yuan against the US dollar by 0.05 percent, the national foreign exchange market said, ending three days of falls after a surprise devaluation. The daily reference rate was set at 6.3975 yuan to $1.0, from 6.4010 the previous day, the China Foreign Exchange Trade System said. That was also slightly stronger than Thursday's close of 6.3982 yuan. The higher fixing for the yuan came after the People's Bank of China (PBoC) reassured financial markets by pledging to seek a stable currency after a shock devaluation of nearly two percent on Tuesday. The cut, and two subsequent reductions, sent global financial markets into a tailspin as it raised questions over the health of the world's second-largest economy and sparked fears of a possible currency war. Beijing said the move was the result of switching to a more market-oriented method of calculating the daily reference rate which sets the value of the yuan, also known as the renminbi (RMB). Previously, authorities based the rate on a poll of market-makers, but will now also take into account the previous day's close, foreign exchange supply and demand and the rates of major currencies. The yuan is still only allowed to fluctuate up or down two percent on either side of the reference rate. "Currently, there is no basis for the renminbi exchange rate to continue to depreciate," PBoC assistant governor Zhang Xiaohui said Thursday. "The central bank has the ability to keep the renminbi basically stable at a reasonable and balanced level," she said. Speaking earlier this week, another PBoC official said the central bank could directly intervene in the market, after reports it bought yuan on Wednesday to prop up the unit. "The central bank, if necessary, is fully capable of stabilising the exchange rate through direct intervention in the foreign exchange market," PBoC economist Ma Jun said. China keeps a tight grip on its currency due to worries that sudden fund outflows or inflows could cause more financial risk and challenge its control, but it has also pledged to move towards more flexibility. Beijing is pushing for the yuan to become one of the reserve currencies in the International Monetary Fund's SDR (special drawing rights) group.
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http://www.forexconspiracyreport.com/what-is-a-trillion-dollars-in-yuan/ What is a Trillion Dollars in Yuan? By www.ForexConspiracyReport.com According to the Investor’s Business Daily Chinese capital outflows reached $1 trillion last year. Which brings to mind what is a trillion dollars in Yuan? As exchange rates vary this number may go up or down but the current exchange rate is 6.5 Yuan to the US dollar so six and half trillion Yuan were converted to foreign currencies and fled China in 2015. China’s capital outflows jumped in December, with the estimated 2015 total reaching $1 trillion, underscoring the scale of the battle facing policymakers trying to hold up the yuan amid slower economic growth and slumping stocks. The entire year’s estimated trillion-dollar total was more than seven times 2014’s $134.3 billion, a record for Bloomberg Intelligence data dating back to 2006. In addition to capital exiting the economy, exporters are holding funds in dollars instead of converting them to yuan, said Tom Orlik, Bloomberg’s chief Asia economist in Beijing. “The immediate trigger for a pickup in capital outflows toward the end of the year was the People’s Bank of China’s poor communication over its shift in currency policy,” said Mark Williams, chief Asia economist for Capital Economics Ltd. in London, who previously worked on China issues at the U.K. Treasury. “Outflows are likely to remain strong because the People’s Bank still has not been able to generate confidence among investors that it knows what it’s doing or that it’s able to achieve its policy objectives.” As rich Chinese move their wealth offshore they sell Yuan and buy dollars, yen, euros or other currencies. And the Yuan goes down in value. A Year of USD/RNB Bloomberg Business has a graph that shows the last 12 months of USD/CNY exchange rates. A year ago a dollar got you 6.2 to 6.25 Yuan and as recently as a month ago the exchange rate was 6.59 Yuan to the dollar. It turns out that five years ago the exchange rate was about 6.5 Yuan to the dollar and the Yuan steadily fell to bottom out at 6.04 to the dollar at the end of 2013 as the USD rallied against all other currencies. Why Is Wealth Leaving China? The Wall Street Journal discusses China’s capital outflow quandary. As China’s foreign exchange hoard drops by hundred-billion-dollar chunks, a key question for economists and investors is what China’s bottom line is and what Beijing can do to defend it. China’s net foreign-exchange reserves have fallen by over $600 billion from their mid-2014 peak of $3.99 trillion as Beijing intervenes to prop up its weakening currency. China’s capital outflow was as much as $1 trillion last year by some estimates if trade surpluses and inbound investment flows are included. Some put Beijing’s red line at $3 trillion, which may not be far off if reserves fall another $200 billion by early March, as some forecast. China’s January figures are due out on Sunday. Trying to assess what Beijing is thinking takes on added importance as China’s problems batter global markets, commodity producers and confidence. China’s central bank and foreign exchange watchdog didn’t immediately respond to questions. Whether Beijing can stem the outflow soon is an open question. Economists say Beijing is working particularly hard to keep ordinary households from losing confidence in the yuan. The problem for China is that a falling Yuan is a self-fulfilling prophecy. Wealthy Chinese take money out of the country because they fear that the currency will devalue as the economy weakens and by their actions cause both a weaker currency and a cheaper Yuan. https://youtu.be/SHysuz_cI0I
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