Chinese yuan - updates

Rappler's latest stories on Chinese yuan

ARTICLE FINDER

BSP eyes increasing yuan investments

Dec 02, 2015 - 5:26 PM

Investing in the yuan remains an option for the central bank in line with its diversification policy

OPTION. But investing in the yuan continues to be an option for the BSP, in line with its diversification policy to enhance the returns of international reserves, as well as to diversify the currency composition, BSP Governor Amando Tetangco Jr says. File photo from Agence France-Presse

PH peso pierces back to P45:$1 level

Oct 09, 2015 - 8:04 PM

PH peso closes at P45 87 to 1 October 9 the first time in nearly 2 months since the yuan devaluation and imminent US Fed interest rate hike

The Philippne peso on Friday, October 9 gained 24 centavos and pierced the P45 to $1 level. Stitched images from Shutterstock

PH balance of payments books biggest deficit

Sep 18, 2015 - 5:17 PM

August s balance of payments at 450 million is the biggest since January 2014 when the country books a deficit of 4 48 billion

EXTERNAL FACTORS. The country’s BOP position in August reflects the decision of the People’s Bank of China to devalue the Chinese yuan on August 11 and the blood bath in the global stock market on August 24. File photo from Agence France-Presse

Chinese yuan devaluation, 'big win' for PH BPO industry

Aug 21, 2015 - 3:00 PM

The Chinese yuan devaluation weakened the peso against the US dollar providing more value to foreign based companies invested in the Philippines CBRE Philippines says

FACTORS. CBRE Philippines' Rick Santos explains the macro economic factors that contribute to real estate's continued rise. Photo by Chris Schnabel / Rappler

PH sustains hot money inflows in 7 months

Aug 15, 2015 - 1:52 PM

Hot money outflows however decline by 2 2 to 12 99 billion from 13 28 billion

SAFE HAVEN. Philippines serves as a safe haven for investors following a downturn in the US economy and the Euro area

China cuts yuan rate more than 1% against dollar

Aug 13, 2015 - 2:27 PM

The central bank puts the yuan s central parity rate at 6 4010 yuan for 1 0 the China Foreign Exchange Trade System says a drop of 1 11 from the previous day s 6 3306

DEVALUED. A teller counts yuan banknotes in a bank in Lianyungang, east China's Jiangsu province on August 11, 2015. AFP photo

China further devalues yuan

Aug 12, 2015 - 10:03 AM

China cuts the value of the yuan against the dollar by 1 62 the second reduction in two days

FURTHER DEVALUED. This file picture taken on September 24, 2013 shows Chinese 100-yuan (RMB) bank notes being counted at a bank in Huaibei, in eastern China's Anhui province. AFP file photo

PH peso 2nd least volatile Asian currency so far in 2015

Jul 14, 2015 - 11:44 PM

The peso has moved within acceptable range despite the Greek bailout and China’s stock market collapse

How China is upsetting the old global economic order

Apr 19, 2015 - 9:29 AM

After decades of closely controlling its currency the renminbi or yuan China is now moving to internationalize it and asking that it be included in the IMF s benchmark basket of major currencies

File photo by AFP/Peter Parks