Sentence examples for yuan currency from inspiring English sources

In a sign of rising concern over flagging exports, China allowed its yuan currency to depreciate further and currencies in neighbouring markets also weakened.

Instead, short-term measures such as tolerating the shadow banking system, engineering a devaluation of the yuan currency, steps to boost exports and attacking foreign investors will be used to boost short-term economic performance.

Moves in China's yuan currency, which authorities allowed to weaken in an apparent attempt to bolster flagging exports, heightened alarm about the state of the world's second-biggest economy.

August 2015: China devalues its yuan currency against the dollar, sending shockwaves through global markets – already jittery over signs of a worsening slowdown in the country's economy and wild swings on its stock markets.

He pointed out that, on 23 December, in response to the devaluing of China's yuan currency, a move that made its exports cheaper, the US hiked tariffs on Chinese steel imports by a staggering 256%.

China's plunging share prices and the country's moves to guide its yuan currency lower sent shockwaves around already jittery global markets and, in a dramatic day of trading, £30bn was wiped off the FTSE 100 and oil prices hit fresh multiyear lows.

The rouble-yuan currency pair reached records in trading volumes last summer.

The rouble-yuan currency pair reached records in trading volumes over the summer.

A 200bn-yuan currency swap arrangement allows firms to settle trades directly in pounds and yuan rather than through US dollars.

Under the new rules, overseas banks who provide yuan-currency services to domestic companies need to have 300 million yuan ($36 million) in operating capital, down from 400 million yuan, the China Banking Regulatory Commission said.

This has held down the value of yuan in currency markets and kept Chinese goods quite inexpensive in foreign markets.