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China's yuan eases on corporate dollar demand, set for weekly gain

SHANGHAI, July 3- China's yuan weakened on Friday as corporate dollar demand helped offset a stronger official guidance rate set by the central bank, traders said. The People's Bank of China set the midpoint rate at 6.1160 per dollar prior to market open, 0.02 percent firmer than the previous fix at 6.1171. Despite China's central bank cutting official interest...
Source: Reuters
China's yuan falls on corporate dollar demand, 3-week low midpoint

SHANGHAI, July 2- China's yuan weakened against the dollar on Thursday on strong corporate dollar demand and after the central bank set the official guidance rate at a three-week low, traders said. The People's Bank of China set the midpoint rate at 6.1171 per dollar prior to market open, the lowest level since June 10, or 0.04 percent weaker than the previous fix at...
Source: Reuters
CNH Tracker-Funds urge easier China access for inclusion to global indexes

HONG KONG, July 2- Foreign asset managers are seeking easier access to China's restricted capital markets, saying it is a prerequisite for mainland-listed shares to be added to global indexes. China- listed shares known as A shares are generally only available to Chinese citizens. The Vanguard FTSE Emerging Markets ETF, which has some $50 billion in assets, ranks...
Source: Reuters | By: Michelle Chen
China's yuan dips on weaker official midpoint, capital outflows pick up

SHANGHAI, July 1- China's yuan dipped on Wednesday as dollar demand slightly outweighed supply after the central bank set the official guidance rate weaker, traders said. The World Bank warned on Wednesday that capital outflows from China had increased sharply in recent months, but its comments had no immediate impact on trading, traders said.
Source: Reuters
Mexico's proven and probable oil reserves dip 7 pct in 2014

MEXICO CITY, June 30- Total Mexican oil and gas reserves fell last year as state-owned oil company Pemex was unable to certify enough new discoveries to compensate for current production, the country's oil regulator CNH said on Tuesday. Mexico's total proven and probable oil reserves slid 7.4 percent from the previous year to 22.983 billion barrels of oil...
Source: Reuters
China's yuan firms after c.bank sets higher midpoint rate

SHANGHAI, June 30- China's yuan firmed against the dollar on Tuesday after the central bank set the daily guidance rate higher. The People's Bank of China set the midpoint rate at 6.1136 per dollar prior to the market opening, 0.05 percent firmer than the previous fix at 6.1168. China Merchants Bank said in a research note on Monday the currency was likely to remain...
Source: Reuters
China's yuan holds steady, rate cut impact limited

SHANGHAI, June 29- China's yuan held steady against the dollar on Monday despite a surprise double policy easing by the central bank at the weekend. In its latest bid to shore up the slowing economy, the People's Bank of China said on Saturday it was cutting both official interest rates and reducing required reverse ratio for some banks that meet certain...
Source: Reuters
China's yuan stays flat on suspected c.bank intervention

SHANGHAI, June 26- China's yuan was flat on Friday as dollar sales by big state-owned banks offset rising corporate dollar demand for dividend payments at the end of the first half of the year, traders said. In another sign of its aim to keep the currency stable, the People's Bank of China set its official midpoint rate at 6.1137 per dollar prior to market open, 0.02...
Source: Reuters
CNH Tracker-Mongolian government makes its debut in dim sum market

HONG KONG, June 25- The Mongolian government this week completed the sale of an offshore yuan bond, making it the second country after Britain to issue yuan-denominated bonds. From the provincial level, Canada's British Columbia and Australia's New South Wales tapped dim sum bonds last year. "Central banks have recognized the trend toward an increasingly...
Source: Reuters | By: Michelle Chen
China's yuan eases as half-year dollar demand rises

SHANGHAI, June 25- China's yuan eased on Thursday, as corporate dollar demand rose as the end of the half-year approached, traders said. The People's Bank of China weakened the midpoint rate slightly for a third consecutive session, setting it at 6.1148 per dollar prior to market open, compared with the previous fix at 6.1142. "Except from the seasonal factor, the...
Source: Reuters