Money for life guide

Japan’s Ministry of Finance data released Wednesday show that China in July to speed up the pace of purchase of financial assets in Japan, may result in increasing the inflow of capital market will push down the yen and Japan increased speculation yields. (more…)

Bank of China Deputy Governor Hu Xiaolian Tuesday that China will continue to relax controls on the yuan to use, but the RMB exchange rate reform will not solve between China and the United States, the huge trade imbalances. (more…)

China’s State Administration of Exchange (abbreviation: SAFE) Wednesday said it would respond and do the special action against hot money inflows and penalties related to the work of verified cases. This shows that the Chinese government may fear the second half of speculative capital inflows. (more…)

Euro modest gains Friday, as the majority of European banks by the regulatory authorities of the stress test; as investors learned the details of stress testing, the original market for the test has also been strictly reduce the level of suspicion, and this has boosted the euro . (more…)

Mainland China and Hong Kong signed an agreement Monday, will cancel the flow and use of RMB in Hong Kong some restrictions, which will enhance the flow of renminbi offshore, also marks the gradual internationalization of the RMB a step forward. (more…)

China delinked the yuan and U.S. dollars a month in fact, the yuan rose only 0.7% against the dollar, the declared policy changes did not alleviate the United States on China’s political furious. (more…)

Friday New York trading, the dollar was modestly lower against the euro, due to disappointing U.S. jobs data failed to ease the pace of recovery on the U.S. economy may slow down concerns. (more…)

China’s foreign exchange regulator said Friday that China does not pursue a large-scale foreign exchange reserves, and to encourage businesses and individuals to hold foreign currency. (more…)

June 19, China’s central bank announced that it will further promote the reform of RMB exchange rate formation mechanism, enhance the flexibility of RMB exchange rate. (more…)

 The dollar hit a new high, China’s central bank last week announced the move to relax the yuan pegged to the dollar exchange rate flexibility enhancements promised the first step. (more…)