Official currency of the People's Republic of China.
1 Even a cheaper yuan CNY = CFXS has failed to arrest the decline in exports.
2 The main bone of contention remains the yuan CNY = .
3 The biggest bone of contention remains the yuan CNY = .
4 The Chinese yuan CNY = weakened in offshore trade.
5 Short bets on the yuan CNY = CFXS fell to their lowest since the start of December last year.
6 Meantime, investors trimmed bearish bets against the Chinese yuan CNY = CFXS to the lowest level since early August.
7 Fitch expects more Chinese state-owned companies to access both the offshore dollar and CNY markets in 2011.
8 And recently the U.S. Treasury suggested that a 12 percent (annual) CNY appreciation would appease them.
9 It last sat at 6.7211 per dollar in onshore trade CNY = .
10 China has weakened the yuan CNY = at times in the past but more recently it has engineered a strengthening.
11 Bearish bets on China's yuan CNY = CFXS ticked up as the renminbi hit a more than five-year low last week.
12 Sinochem HK's cost of funding was lower in the offshore CNY bond market than onshore borrowings for the same duration.
13 The yuan CNY = has since stabilized and the PBoC has juggled its fixings both higher and lower to avoid speculation.
14 Hopes for gains in China's yuan CNY = CFXS waned, with long positions falling to less than a third from the previous survey.
15 Moreover, China's yuan CNY = CFXS has also slumped to an 11-year low, weighing on emerging market currencies and the Hong Kong dollar.
16 The yuan CNY = CFXS rose against the dollar on Wednesday to its highest level since the currency's landmark revaluation in July 2005.
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