^
+ Follow YUAN Tag
YUAN
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1549979
                    [Title] => China's yuan to erode, not end, dollar's dominance
                    [Summary] => 

China's yuan will chip away at the U.S. dollar's dominance over the next decade but is unlikely to supplant it as the world's top currency, says a report from a federal watchdog.

[DatePublished] => 2016-02-04 11:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1645203 [AuthorName] => Paul Wiseman [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/world/20160205/Dollar-Yuan-Money-China-US.jpg ) [1] => Array ( [ArticleID] => 1528652 [Title] => BSP eyes increased investments in yuan [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) is looking at increasing its Chinese yuan holdings after the executive board of the International Monetary Fund (IMF) admitted China’s currency into its benchmark currency basket.

[DatePublished] => 2015-12-03 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 1528197 [Title] => China joins IMF currency basket: Why it matters [Summary] =>

The addition of China's yuan to the select basket of currencies used as a yardstick by the International Monetary Fund is a sign, experts say, that the yuan may one day become as recognizable as the dollar or euro.

[DatePublished] => 2015-12-01 12:51:07 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1397983 [AuthorName] => Joe McDonald [SectionName] => World [SectionUrl] => world [URL] => ) [3] => Array ( [ArticleID] => 1527840 [Title] => China joins IMF currency basket: Why it matters [Summary] =>

The addition of China's yuan to the select basket of currencies used as a yardstick by the International Monetary Fund is a sign, experts say, that the yuan may one day become as recognizable as the dollar or euro.

[DatePublished] => 2015-11-30 14:41:26 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1397983 [AuthorName] => Joe McDonald [SectionName] => World [SectionUrl] => world [URL] => ) [4] => Array ( [ArticleID] => 1496668 [Title] => China central bank governor says yuan stable against dollar [Summary] =>

China's central bank governor has told a meeting of the G-20 that China's currency has stabilized against the dollar after the country's surprise announcement last month to revalue the yuan amid stock market turmoil.

[DatePublished] => 2015-09-06 02:07:36 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/headlines/20150906/china-currency.jpg ) [5] => Array ( [ArticleID] => 1488864 [Title] => Currency wars 2015 [Summary] =>

In our article last Monday (see Is the peso weak?, Aug. 10, 2015), we wrote about the weakening peso.

[DatePublished] => 2015-08-16 10:00:00 [ColumnID] => 135252 [Focus] => 0 [AuthorID] => 1781272 [AuthorName] => Valentino Sy [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 1488014 [Title] => China tries to dampen fears of more big devaluations [Summary] =>

China tried Thursday to ease fears of more big declines for the yuan as companies from global automakers to Chinese clothing exporters faced a new era of uncertain exchange rates.

[DatePublished] => 2015-08-13 17:00:20 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1397983 [AuthorName] => Joe McDonald [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/world/20150814/Yuan-Chinese-Currency.jpg ) [7] => Array ( [ArticleID] => 1487358 [Title] => Share prices tumble after yuan devaluation [Summary] =>

Share prices tumbled yesterday, with the benchmark index weakening below the 7,500-mark after China allowed the yuan to drop.

[DatePublished] => 2015-08-12 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20150813/index-seen-2.jpg ) [8] => Array ( [ArticleID] => 1487376 [Title] => Peso breaches 46:$1 level [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) remains confident the country’s strong macroeconomic fundamentals would support the peso even as the currency hit a five-year low after breaching the 46 to $1 level amid the volatile markets in the region as a result of the devaluation of the Chinese yuan.

[DatePublished] => 2015-08-12 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20150813/philippine-peso.jpg ) [9] => Array ( [ArticleID] => 1486901 [Title] => China's yuan slides in value after Beijing alters controls [Summary] =>

China devalued its tightly controlled currency on Tuesday following a slump in trade, triggering the yuan's biggest one-day decline in a decade.

[DatePublished] => 2015-08-11 00:01:44 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1397983 [AuthorName] => Joe McDonald [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20150811/china-currency.jpg ) ) )
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