Home
Search results “Rmb to usd exchange rate today”
Exchange Rates Of The Chinese Renminbi, Yuan...
 
00:44
Information Source: "Bank Of China" United States Dollar (USD) to Renminbi (RMB) … United Arab Emirates Dirham (AED) to Renminbi (RMB)… Brazilian Real (BRL) to Renminbi (RMB)… South Korean Won (KRW) to Renminbi (RMB)… Russian Ruble (RUB) to Renminbi (RMB)… Euro to Renminbi (RMB)… Indian Rupee (INR) to Renminbi (RMB)… Turkish Lira (TRY) to Renminbi (RMB)… Japanese Yen (JPY) to Renminbi (RMB)… USD to Yuan (CNY)… AED to Yuan… EUR to Yuan… INR to Yuan… TRY to Yuan… RUB to Yuan… BRL to Yuan… KRW to Yuan… AED to Yuan… YPY to Yuan… CNY exchange rates… RMB exchange rates… China currency rates… Exchange Rates Of The Bank Of China (BOC) Yuan prices... CNF Forex Rates... China's money rates... Курсы китайского юаня ... 中国银行汇率(BOC) Курсы валют Банка Китая (BOC) ... Çin Bankası Döviz Kurları (BOC) ... बैंक ऑफ चाइना (बीओसी) की विनिमय दरें ... أسعار صرف بنك الصين (بوك) ... 中国銀行の為替レート(BOC)... Taxas de Câmbio do Banco da China (BOC) ...
Will China's Currency Dominate the US Dollar? | China Uncensored
 
06:48
Could China's yuan rival the US dollar as the next major reserve currency? The IMF has made the Chinese yuan, or renminbi, the only non-democracy to be included in the SDR, or Special Drawing Rights. What does any of that mean?! Watch China Uncensored to find out what this means for the global economy. Join the China Uncensored 50-Cent Army! https://www.patreon.com/ChinaUncensored Subscribe for more China Uncensored: http://www.youtube.com/ntdchinauncensored Make sure to share with your friends! ______________________________ Twitter: https://twitter.com/ChinaUncensored Facebook: http://www.facebook.com/ChinaUncensored Google+: https://plus.google.com/+NTDChinaUncensored Instagram: instagram.com/ChinaUncensored ______________________________ MOBILE LINKS: 5 Ways Star Wars is Surprisingly Like China https://www.youtube.com/watch?v=Q49ZGvfGOIU China Sells Killer Drones to the Middle East https://www.youtube.com/watch?v=pDd4or3ckgg
Views: 194368 China Uncensored
Free Renminbi Exchange Rate versus the Dollar
 
04:26
http://www.theforexnittygritty.com/forex/free-renminbi-exchange-rate-versus-the-dollar Free Renminbi Exchange Rate versus the Dollar By www.TheForexNittyGritty.com China is allowing banks to set a free Renminbi exchange rate versus the dollar in over the counter trading. This may well be a first step in freeing its currency from state control according to a Reuter's article reported in the New York Times. China has permitted banks to freely set their own exchange rates for the renminbi against the dollar in over-the-counter transactions - another step toward freeing the exchange rate from government control. China has been moving slowly toward a free floating currency although slower than North American and European nations would have liked. Most recently banks were required to set Renminbi US dollar exchange rates within three percent of a government dictated exchange rate. The bottom line to a free Renminbi exchange rate versus the dollar is that China believes that its currency is now fairly priced versus the US dollar. As such a free Renminbi exchange rate versus the dollar or other major currencies will not result in a run on the dollar or a run on the Renminbi. Renminbi Internationalization It is a goal of the Chinese government to internationalize the Renminbi. According to the Euromoney online the move to a free Renminbi exchange rate versus the dollar is meant to further the Renminbi's internationalization. A common complaint of companies working in China is managing liquidity with what has been a government controlled currency. In a survey conducted by Euromoney's Research Group in association with ICBC on the Renminbi's rise, close to 3,000 treasury and finance professionals of international companies with exposure to China responded and shared their views on renminbi liquidity management, cross-border trade settlement, inter-company invoicing and some of the main operational challenges corporate treasurers face in the country. Additionally, China would like to have the clout that the US does in international affairs as seen in the ability of the United States and its Western allies to shut down trade with rogue nations via the international banking system. A free Renminbi exchange rate versus the dollar could be viewed with that aspect in mind as well. Free Trade, Fair Trade and Central Banks A seemingly eternal complaint of the North Americans and Europeans is how China manipulates its currency in order to drive up the value of the US dollar and Euro. This practice has made Chinese products more competitive and resulted in the growth of the Chinese industrial machine. Now that there is a move to a free Renminbi exchange rate versus the dollar, one might be naïve enough to think that currency manipulation is over with. Think again. Central Banks are always free to buy and sell currencies and even with a free floating Renminbi the People's Bank of China can still buy dollars to drive the price up and maintain a competitive advantage in trade. Meanwhile China is poised to pay for Russian oil and natural gas in Renminbi, trade Renminbi in London and is setting up Renminbi clearing bank in South Korea to facilitate a bilateral trade deal and trade denominated in Renminbi. Chinese and South Korean leaders have pledged to sign a bilateral trade agreement by the end of this year and introduce direct trading of their currencies to spur cross-border renminbi transactions and deepen economic ties in two of Asia's largest economies. So much for the USD as the only currency to trade against the minor currencies of the world! http://youtu.be/H0e5BJAYo-U
Views: 2363 ForexConspiracy
How to Add Real Time Currency Converter in Excel Sheet (Calculate Currency & Update)
 
05:32
Add and Calculate All Currencies in Real time in Excel Sheet also update currency.. Click here for more detail... http://www.bsocialshine.com/2016/04/how-to-add-real-time-currency-converter.html Euro, dinar, US dollar, taka, rupees, franc, real, peso, pound, rupiah, rial, yen, shilling, dirham, rupee, riyal, rubie, Saudi riyal, rand, won, lira,
Views: 108881 MJ Tube
the relationship between the current account balance and exchange rates of RMB against USD
 
16:08
A nation's balance of payments measures all economic transactions between that nation's people and the people of all other nations. A country that spends more on imports than it earns from the sale of its exports is said to have a trade deficit. Such imbalances have become controversial topics of debate in political and economic circles, particularly over the last decade as the Chinese economy has emerged as the world's largest exporter. As goods and services flow from one country to another, the exchange rates of those countries' currencies tend to fluctuate to promote balanced trade between the two nations. However, in some cases, most notably China, a country's central bank will intervene in the market for its own currency to manage its exchange rate against that of a trading partner. When such interventions occur, the normal, moderating effect that rising and falling exchange rates has on trade flows is disrupted, and trade imbalances can become persistent. This Video illustrates how trade flows should lead to appreciation and depreciation of currencies in a floating exchange rate system, and then explain how in the case of China, central bank policy aimed at buying large quantities of US government debt keeps the supply of Chinese currency high in the US and the demand for US dollars high in China. This means the dollar remains stronger than it otherwise might relative to the Chinese RMB, contributing to the persistent trade deficits the US exhibits in its trade with China.
USD RMB Exchange Rate
 
01:28
Views: 133 coolkemme3
Yuan-Niversary: One year since exchange rate reform
 
02:46
It has been a year since the People's Bank of China (PBOC) carried out extensive exchange rate reform, marketizing the yuan’s exchange rate against the dollar. The PBOC now maintains the stability of the yuan against a basket of currencies set by the International Monetary Fund (IMF), fixing the yuan's daily trading midpoint according to the currencies' closing rates on the previous day. Subscribe to us on Youtube: https://goo.gl/lP12gA Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/cctvnewschina Twitter: https://twitter.com/CCTVNEWS Google+: https://plus.google.com/+CCTVNEWSbeijing Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
Views: 446 CGTN
Currency Exchange Rate Comparisons - Philippines
 
02:23
Loctote Bags.. http://bit.ly/reekayloctotebag PH Bachelor's video series; www.phbachelor.com Private Consult w/Reekay.. http://bit.ly/reekayfacetimeconsult Need A Fiancee' Visa? www.filipina-expat-visa4you.com Music: http://www.purple-planet.com (intro) and Jason Shaw (big blues bed). http://lifebeyondthesea.com/facetime-with-reekay http://phsurvivalguide.com/dating-in-the-philippines/ ___ About Me.. After 49 years living in Southern California, USA, I decided to move to the Philippines despite never having been here before. I spent a year getting all the information I could online and on July, 2012, I took a leap of faith and transplanted myself first to Mactan and then began my trek through Cebu, Bohol, Panglao, Moalboal, Dumaguete, Bacong and now living in Cebu City, here in the amazing Philippines. I am a single man taking an honest look at all that the Philippines have to offer, one day at a time. I hope you find my channel informative and/or entertaining. :)
April 19th No Dollar Trade for China Yuan "RMB" Gold back Currency
 
15:02
NewsBTC website: http://www.newsbtc.com -------------------------------------------------------------------------------------------------- Free Bitcoin, Dash, Bitcoin Cash, Litecoin, Dogecoin faucets http://moonbit.co.in/?ref=6fb069af7a04 http://moondash.co.in/?ref=4058C87A3ED9 http://moonbitcoin.cash/?ref=4A543CF85EFB http://moonliteco.in/?ref=93fdd9897aca http://moondoge.co.in/?ref=b8439dc547e4 https://freebitco.in/?r=5286308 http://bitfun.co/?ref=4B1F81E87064 http://bonusbitcoin.co/?ref=0225F378C51D http://btcclicks.com/?r=c12c7d18 http://freedoge.co.in/?r=996134 --------------------------------------------------------------------------------------------------- Thanks for your Support/Donations, Subscription, Share and Like https://www.paypal.me/Currency365 Bitcoin 18UHDA4qS8yvtNVS4RoWoVXUe28SkVW5NS Litecoin LfMgFE3GzbV4SjJNdHTm23VbuP2diQj8D4 ------------------------------------------------------------------------------------------------- Binance Exchange https://www.binance.com/?ref=16561068 https://www.coinbase.com/join/57c250f4d26ede01a15f5ef6 NEW BCASH Faucet http://moonb.ch/?ref=4A543CF85EFB Follow me at https://steemit.com/@currency365 Electroneum App Referral Code: 42A674 ------------------------------------------------------------------------------------------------ *******ALL MY SUPPORT AND DONATIONS WALLETS****** Donation/Support https://www.paypal.me/Currency365 Bitcoin 18UHDA4qS8yvtNVS4RoWoVXUe28SkVW5NS ETH 0xEF0F186ffba883C065f43197c17E651ded3221A6 Litecoin LfMgFE3GzbV4SjJNdHTm23VbuP2diQj8D4 Vertcoin VjbpQYvbnvE3zZB4Q9FiqLXpXFGNAETmpm Salt 0x077322fEdDA05E2eF7cBB2b721c29C3FC8c043a0 OMG 0x077322fEdDA05E2eF7cBB2b721c29C3FC8c043a0 EOS 0x077322fEdDA05E2eF7cBB2b721c29C3FC8c043a0 Dash Xi1SxN7qJJfVMrqJCxCKeuDL7UYr1w1xqC Civic 0x077322fEdDA05E2eF7cBB2b721c29C3FC8c043a0 Bitcoin Cash 1Pfy9oW42TLU7pMvU9HG3uGF3NCeXwfqFu Tenx 0x26e0bfaeeb910267a6c7c763e7ecffc0c4a9bacd Adex 0x607d0cc9908a37373396d47e4012ab89bd20af51 Vertcoin VjbpQYvbnvE3zZB4Q9FiqLXpXFGNAETmpm ----------------------------------------------------------------------------------------------- *******WHERE TO TRADE AND BUY CRYPTOCURRENCY******* https://www.coinbase.com/join/57c250f4d26ede01a15f5ef6 Buy Bitcoin w/Paypal/Credit Card https://xcoins.io/?r=ww5n2q https://www.binance.com/?ref=16561068 https://www.coinexchange.io/?r=900042f3 https://hitbtc.com/?ref_id=5a1c2f387bcc5 https://www.cryptopia.co.nz/Register?referrer=currency365 ------------------------------------------------------------------------------------------------ ********OFFLINE WALLETS********* Nano Ledger Offline Crypto Wallet https://goo.gl/n9frR9 Exodus.io *******CRYPTO MINING********* Free Mining https://www.eobot.com/new.aspx?referid=808676 ******OTHER COOL SITES******* Follow me at https://steemit.com/@currency365 ************MY DISCLAIMER************ disclaimer: this youtube channel for financial expert advice seek a professional adviser, broker or wealth manger. THIS IS ALL MY OPINION, FRIENDS, OR OTHERS OPINIONS THANKS
Views: 45887 CURRENCY365
USD-RMB Exchange Rate
 
01:28
USD-RMB Exchange Rate
Views: 715 bonnetwork
Petro-Dollar To Petro-Yuan & The Future Of The US Dollar
 
15:29
The Petro-Dollar To Petro-Yuan Shift Is Underway Now And It Will Kill The Dollar The petrodollar is the glue of the current monetary system which goes back to 1971 when the dollar was unpegged from gold. There was a massive destabilization period that followed this change. The petrodollar is based on getting OPEC and the Saudis to price oil in dollars. It pegged the monetary system into a credit cycle which has built from that point forward. The world needed dollars, so they started to buy U.S. debt. China and other nations are increasingly moving away from the dollar. They are creating their own systems such as the Petro-Yuan. This credit cycle will become unwound as various countries stop using petrodollar debt. In essence, the mechanics of the change are already in place. At some point soon they will lose control of the interest rate cycle. Central banks have control the overnight rate, but the buyers ultimately control the longer-term bonds. Once power is lost there will be a rapid compounding effect of stagflation. The bottom line will be higher costs of living and there will be a transfer of assets to hard assets like commodities. https://www.silverdoctors.com/headlines/world-news/the-petro-dollar-to-petro-yuan-shift-is-underway-now-and-it-will-kill-the-dollar/ Jesus saith unto him, I am the way, the truth, and the life: no man cometh unto the Father, but by me. John 14:6 “In whom we have redemption through his blood, the forgiveness of sins, according to the riches of his grace;” Ephesians 1:7 God bless you and your families. Know Jesus! (1 Corinthians 15:1-4) Best relationship you will ever have. Federal Reserve Explained In 7 Minutes https://youtu.be/IHVHVWRy7l4 1988 Economist One World Currency In 2018 - Phoenix Coin https://youtu.be/cD_PBOpGKKc New videos are posted daily. Subscribe to our channel: http://www.youtube.com/c/ShakingMyHeadProductions ///////
China Yuan Hits 8 YEAR LOW vs U.S. Dollar as Currency War Rages On!
 
13:51
Support My Work: https://www.patreon.com/themoneygps PayPal: https://goo.gl/L6VQg9 BitCoin/Tip.Me: http://themoneygps.tip.me Look In My Book!: http://book.themoneygps.com My Free eCourse to Unveil the TRUTH: http://themoneygps.com/freeecourse Tools You NEED to Prepare for the COLLAPSE: http://themoneygps.com/store ******************************************************************** Sources: EU seeks to calm budget row with Greece https://www.yahoo.com/news/eu-seeks-calm-budget-row-greece-141051287.html Ukraine nationalises country's largest bank https://www.yahoo.com/news/ukraine-nationalises-countrys-largest-bank-224348984.html Geithner in Book Says U.S. Considered Nationalizing Banks - Bloomberg https://www.bloomberg.com/news/articles/2014-05-08/geithner-in-book-says-obama-aides-weighed-nationalizing-banks As yuan weakens, Chinese rush to open foreign currency accounts | Reuters http://www.reuters.com/article/us-china-forex-deposits-analysis-idUSKBN1470YZ Soros Was Right: China Currency Weakening To Seven http://www.forbes.com/sites/kenrapoza/2016/12/16/soros-was-right-china-currency-weakening-to-seven/#2653d07a6f36 Doing Business the Chinese Way: Facebook Develops A C ensorship Tool http://www.forbes.com/sites/xiangwang/2016/11/24/doing-business-the-chinese-way-facebook-develops-a-c ensorship-tool/#580279682caf Chinese Yuan: CURRENCY:CNY quotes & news – Google Finance https://www.google.ca/finance?q=CNYCAD&ei=rHlXWPmBHIWO2Aah8ouYCQ
Views: 6442 The Money GPS
Focus on RMB rate VS USD transition since 1994 currency reform China government 人民币 1994年以来的汇率變遷
 
44:37
China took another step on Saturday towards turning the yuan into a global currency by doubling the size of its trading band against the dollar to 1 percent. By peeling back trading restrictions on the yuan, Beijing is working toward its goal of having a currency that trades relatively freely, or is basically convertible, by 2015. Below is a timetable of key reforms to China's foreign exchange system. 1988 - China sets up semi-official currency swap centres around the country to allow firms to trade the yuan, also known as the renminbi or "people's currency", at a rate that better reflects market demand. 1994, Jan - China unifies its dual exchange rates by aligning official and swap centre rates, officially devaluing the yuan by 33 percent overnight to 8.7 to the dollar as part of reforms to embrace a "socialist market economy". 1994, Apr - China sets up its first interbank currency market in Shanghai, the China Foreign Exchange Trade System. The yuan's value is fixed around 8.28 to the dollar and the central bank intervenes to keep it stable. 1996, Dec - China allows the yuan to be fully convertible under the current account. 1994-1996 - The yuan strengthens steadily from 8.7 to the dollar to around 8.28. 1997-1999 - China wins wide praise for keeping the yuan stable during the Asian financial crisis despite pressure to devalue. The yuan was boxed between 8.2770 and 8.2800 for about three years through frequent central bank intervention. 2000 - China allows the yuan to close slightly above its 30-basis-point band, which is later widened by 10 points to 8.2760-8.2800 against the dollar. 2001, Dec - China joins the World Trade Organization and pledges to gradually adjust its currency regime. 2003 - China's huge trade surplus with the United States and the rest of the world leads to mounting international pressure on Beijing to let the yuan rise to balance global trade. 2004, Dec - Premier Wen Jiabao says China will move gradually towards a flexible currency regime. 2005, Jul - China revalues the yuan by 2.1 percent and revises rules governing its currency, saying it has shifted to "a managed floating exchange rate based on market supply and demand with reference to a basket of currencies". The central bank says the dollar, euro, yen and Korean won are the main currencies in the basket. Others include the Singapore dollar, sterling, Malaysian ringgit, Russian rouble, Australian dollar, Thai baht and Canadian dollar. The weightings are secret. 2007, May - China widens the yuan's daily trading band against the dollar to 0.5 percent from 0.3 percent. 2008, Jul - China's central bank effectively pegs the yuan against the dollar at 6.83 to help its economy ride through the worst of the global financial crisis. 2009, Jul - China takes a step towards internationalizing the yuan by launching a pilot programme that allows selected Chinese regions to pay for imports and exports in yuan. 2010, Jun - China says it is resuming its reforms of the yuan exchange rate and increasing currency flexibility, effectively ditching a two-year peg to the dollar that was enacted during the global financial crisis. 2012, Feb - The yuan hits a record high of 6.2884 per dollar. 2012, Mar - China steps up efforts to internationalize the yuan by allowing all firms in the country to pay for imports and exports in yuan. 2012, Apr - China widens the trading band for the yuan against the dollar to 1 percent from 0.5 percent. Focus on RMB rate against USD transition since 1994 currency reform China government 聚焦人民币 1994年以来的汇率變遷,for more information about china world news visit site at http://youtube.com/user/cosmeticmachines as well as business website at http://penglaichina.com
China's RMB Exchange Rate With Dollar Rises, But Devalues Internally
 
04:40
Follow us on TWITTER: http://twitter.com/cnforbiddennews Like us on FACEBOOK: http://www.facebook.com/chinaforbiddennews Chinese people are mocking rising exchange rate prices for the Renminbi, despite it having devalued inside China. One young man was interviewed by China's Central Television (CCTV) during the Third Plenary Session of the Chinese Communist Party (CCP). He highlighted that this is the issue of "most concerns for reforms". Analysts say that the RMB has been repeatedly devalued in China. However, the exchange rate against the dollar has continued to rise. The result is that the Chinese people can't afford to live, and foreign companies are constantly complaining. On November 12, the four-day party meeting came to a close. Prior to this, a CCTV reporter interviewed Chinese people on the street, with many responding that they didn't know what the Third Plenary Session was about. Instead, people complained about increasing house prices, and expensive medical care. One man said that the "RMB is in a sorry state for the Chinese people." Hua Po, current affairs commentator: "RMB has repeatedly depreciated, but the price of goods has risen. The exchange rate for the RMB against the dollar has continually risen. For ordinary Chinese people, prices are higher, but their incomes can't pay their bills. Thus, they complain everyday about the high prices." Hua Po says that foreign trade companies are also complaining. Because RMB exchange rates are constantly rising, their export competition has been deeply weakened. Who is benefiting from this situation? Hua Po: "The privileged groups within the CCP can benefit. This is because they can push the prices very high inside China, and thus make the RMB devalue. Once they acquire devalued RMB, they can exchange it to dollars at a good rate, and then transfer it abroad. This system has become very profitable." Chinese state media reported that 'Grandma Li' went to buy rice in a market. She found the price went up to 6.6 yuan per kilogram, and could remember that it was 3.8 yuan per kilogram in 2005. Lan Jiping, Professor at Capital University of Economics and Business in Beijing, also took rice as an example. Lan calculates the value for 1000 yuan, which is equivalent to 576 yuan in 2005. It means that 1000 yuan has lost value by 424 yuan within eight years. Money Weekly reported that cloth was worth a few dozen yuan in the past. It is now selling for over a thousand yuan. Property prices have risen from several thousand yuan per square meter to between 30,000 to 40,000 yuan. Taking these cases as examples indicates that RMB has devalued by 500% within eight years. Gong Shengli, researcher, China Financial Intelligence Unit:"Chinese people's income hasn't increased accordingly. Who should pay them money? Civilians have to pay more, but they don't get the income they need to do so." Hong Kong's Oriental Daily describes that China is the worlds largest bank note printing country. At the end of 2012, China's money supply reached 97.4 trillion yuan. This is nearly taking up 25% of the global total, and is 1.5 times greater than the US. The report says that the madness of printing money is equivalent to simply ripping off it's civilians. Zhu Xinxin, former editor, Hebei People's Radio Station:"The CCP uses different ways to plunder from its citizens, some of which are visible, the others invisible. There are so many different taxes and fees, which civilians become heavily burdened by." Zhu Xinxin suggests that large amounts of bank notes have been printed, resulting in the rich becoming richer, and the poor becoming poorer. Rich people are using financial leverage to increase their wealth, and poor people are finding it difficult to survive. Zhu Xinxin: "CCP propaganda of China as a prosperous nation is an entirely illusory image. The truth is one of rich officials and poor civilians. Actually, the privilege group of CCP officials have seized the national assets in their hands." Sources indicate that 0.4% of the Chinese people have seized 70% of China's wealth. The high-level CCP, and the families of officials and princeling covert both the money and land. They launder the money, and their assets have reached thousands of billions of yuan. Sources say that PetroChina, China Mobil, Industrial and Commercial Bank, and other major state-run companies' were listed on the US stock market. US The state-run People's Tribune newspaper has reported that in 2009, relevant organs announced the 3,000 richest Chinese families. These families' wealth has a net worth of 1.69 trillion yuan. The article admitted that two out of three resources of the richest families are "red families and red businessmen." 《神韵》2013世界巡演新亮点 http://www.ShenYunPerformingArts.org/
Views: 819 ChinaForbiddenNews
How Does China Manipulate Its Currency?
 
03:28
» Subscribe to NowThis World: http://go.nowth.is/World_Subscribe With about $400 billion in debt and a broken economy, Greece is in trouble. But, how did Greece end up with such a high debt, and who do they owe money to? Learn More: Greece's Debt Due: What Greece Owes When http://graphics.wsj.com/greece-debt-timeline/ "Greece is negotiating with its eurozone creditors to get more aid before the indebted government runs out of cash." Explaining the Greek Debt Crisis http://www.nytimes.com/2015/04/09/business/international/explaining-the-greek-debt-crisis.html "Greece, the weak link in the eurozone, is struggling to pay its debt as its people and its creditors grow more restive." Greek debts: what does it owe? When will the money run out? http://www.theguardian.com/business/2015/apr/24/greek-debts-what-does-it-owe-when-will-the-money-run-out "Crunch talks between Greece and its eurozone creditors are under way, but investors are growing increasingly sceptical that the country can reach an agreement on reforms and unlock the aid it needs from international lenders to avoid a debt default." Greek debt crisis: Who has most to lose? http://money.cnn.com/2015/01/28/investing/greek-debt-who-has-most-to-lose/ "Greece and its international lenders have embarked on a battle over the country's staggering debt." Watch More: What Happens If A Country Goes Bankrupt? https://www.youtube.com/watch?v=3PZDLG-rtGs&list=UUgRvm1yLFoaQKhmaTqXk9SA _________________________ NowThis World is dedicated to bringing you topical explainers about the world around you. Each week we’ll be exploring current stories in international news, by examining the facts, providing historical context, and outlining the key players involved. We’ll also highlight powerful countries, ideologies, influential leaders, and ongoing global conflicts that are shaping the current landscape of the international community across the globe today. More from NowThis: » Subscribe to NowThis News: http://go.nowth.is/News_Subscribe » Like NowThis World on Facebook: https://go.nowth.is/World_Facebook » Connect with Judah: Follow @judah_robinson on Twitter – Facebook: http://go.nowth.is/LikeJudah » Connect with Versha: Follow @versharma on Twitter – Facebook: http://go.nowth.is/LikeVersha http://www.youtube.com/nowthisworld Special thanks to Lissette Padilla for hosting TestTube! Check Lissette out on Twitter:https://twitter.com/lizzette
Views: 269717 NowThis World
Dollar out, Yuan in: Iran changes benchmark currencies
 
01:27
Iran has removed the US Dollar from its official currency rate reporting platform and replaced it with China’s Yuan in an effort that the media in Tehran say could be a key step toward ditching the greenback in trade. Watch Live: http://www.presstv.com/live.html YouTube: https://www.youtube.com/user/videosptv/ Twitter: http://twitter.com/PressTV LiveLeak: http://www.liveleak.com/c/PressTV Facebook: http://www.facebook.com/PRESSTV Google+: http://plus.google.com/+VideosPTV Instagram: http://instagram.com/presstvchannel Dailymotion: http://www.dailymotion.com/presstv
Views: 3189 PressTV
The Dollar-Yuan Exchange Rate is a Very Poor Trade Candidate for Trade Wars
 
10:16
Talking Points: • Trade wars are a critical fundamental theme that will likely motivate much of the volatility and momentum in the near future • While it is essential to account for this global stand off - and even take advantage - the Dollar-Yuan is a poor outlet • Being so close to the heart of trade wars, a conduit for remarkably uncertainty and presumed intervention makes USDCNH a risk See how retail traders are positioning in USDJPY, other FX crosses, indices, gold and oil intraday using the DailyFX speculative positioning data on the sentiment page. (https://www.dailyfx.com/sentiment?ref-author=Kicklighter)
Views: 953 DailyFX
Yuan exchange rate talks
 
00:48
The 6th Sino-US strategic and economic dialogue has wrap up in Beijing. On the second day of talks, delegates held extensive discussions on technology and financial cooperation. A key issue during the talks has been the yuan exchange rate. It's also a contentious point in the U.S.-China relationship because Washington claims the RMB is undervalued.
Views: 108 CGTN
Yuan exchange rate reforms to hit speculators
 
02:55
China loosened its grip on the yuan-to-dollar exchange rate last Saturday, widening its daily trading band to two percent from one. The change went into effect on Monday. Analysts said the move will not only discourage speculation, but also hasten the internationalization process for the yuan.
Views: 223 New China TV
My Foreign Currency Collection 2018 + Exchange Rates USD
 
10:35
So here it is people. Part 1 of my currency collection. In this video I show you the foreign bank notes I've collected throughout the years. In the next video I will show you the coins that my wife and I have collected! Exchange rate to USD included. Foreign Bank Notes in this video: Bolivian Bolivianos, Brazilian Real, Canadian Dollar, Chinese Renminbi Yuan, Chinese Wu Jiao, Chinese Yi Yuan, Danish Krone, European Euro, Haitian Gourde, Hong Kong Dollar, Hungarian Forint, Icelandic Krona, Indonesia Rupiah, Italian Lira, Jamaican Dollar, Japanese Yen, Mexican Peso, Mongolian Tögrög (Tugrik), Nigerian Naira, Swedish Krona, Philippine Piso, Polish Zloty, Singapore Dollar, South Korean Won, Norwegian Krone, Turkish Lira and the British Pound (United Kingdom) Pound. Social Media: ► www.linkedin.com/in/theangryspud ► Ask Me Anything: https://ask.fm/TheAngrySpud ► Discord: https://discord.gg/HJeDn72 ► Website: https://www.theangryspud.com/ ► Twitter: https://twitter.com/theangryspud28 ► Instagram: https://www.instagram.com/eliterb28/ ► Snapchat: www.snapchat.com/add/eliterb28
Views: 16661 The Angry Spud
Chinese Money: A Guide | How To SPOT FAKE MONEY In CHINA | BE SAFE in China
 
08:35
The Chinese Yuan, or RenMinBi (RMB), is the common currency of the People's Republic of China. The exchange rate of yuan to US dollars is roughly six-to-one, which makes it nice for any Americans, Brits, or Europeans coming to China. This is a guide for anyone who may not know what Chinese money looks like or what it means. It may not be entertaining, but it is an important thing to talk about. Money makes the world go round, so we should know a little something about it! :) Facebook: http://www.facebook.com/letchinasleep2 Twitter: @LetChinaSleep 我的微博:@懒惰老外 My old blog: http://www.austinguidryexperiencingchina.blogspot.com
Views: 42479 Austin In China
Gold-Backed Chinese Yuan to Replace USD as Reserve Currency
 
07:41
Peter Schiff on RT Boom Bust 11/17/2015 Sign up for my free newsletter: http://www.europac.net/subscribe_free_reports Peter Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Friend me on http://www.Facebook.com/PeterSchiff Follow me on http://www.Twitter.com/PeterSchiff
Views: 147077 Peter Schiff
Chinese Currency - Yuan
 
00:48
Want to know the currency in China? Visit http://currencyname.com/china to learn more about Chinese currency and the latest exchange rates. What currency to use in China? The Chinese currency is the Yuan. What is the symbol for Chinese Yuan? The Chinese Yuan symbol is ¥. What is the Chinese currency ISO code? The ISO code for Chinese currency is CNY. What are the frequently used notes in China? The Chinese currency notes consist of RMB 0.1, RMB 0.2, RMB 0.5, RMB 1, RMB 2, RMB 5, RMB 10, RMB 20, RMB 50, RMB 100. What are the frequently used coins in China? The Chinese currency coins consist of RMB 0.1, RMB 0.5, RMB 1.
Views: 485 Currency Name
U.S. Dollar Will No Longer be World Reserve Currency as Economic Warfare Escalates!
 
11:53
Look Inside My Book!: http://book.themoneygps.com ******************************************************************** My Free eBooks: FLUORIDE: http://fluoride.themoneygps.com GMO: http://gmo.themoneygps.com VACCINES: http://vaccines.themoneygps.com Tools You NEED to Prepare for the COLLAPSE: http://amazon.themoneygps.com ******************************************************************** Sources: "A Brief History of Bretton Woods System - TIME" http://content.time.com/time/business/article/0,8599,1852254,00.html "Yuan to supersede dollar as top reserve currency: survey" http://www.cnbc.com/id/101450365 "Lew Signals Yuan Not Ready for IMF Blessing as Reserve Currency - Bloomberg Business" http://www.bloomberg.com/news/articles/2015-03-31/lew-urges-china-to-ease-capital-controls-to-widen-yuan-s-use "Internationalization of the renminbi - Wikipedia, the free encyclopedia" http://en.wikipedia.org/wiki/Internationalization_of_the_renminbi
Views: 34474 The Money GPS
Offshore yuan continues to strengthen
 
00:45
Yuan traded in offshore markets continued to strengthen on Monday, hitting its highest level since February. The US dollar/yuan exchange rate dipped below the strategically important 6.81 level. Subscribe to us on YouTube: https://goo.gl/lP12gA Watch CGTN Live: https://www.youtube.com/watch?v=L2-Aq7f_BwE Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/ChinaGlobalTVNetwork/ Instagram: https://www.instagram.com/cgtn/?hl=zh-cn Twitter: https://twitter.com/CGTNOfficial Pinterest: https://www.pinterest.com/CGTNOfficial/ Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
Views: 428 CGTN
Pegging the yuan | Money, banking and central banks  | Finance & Capital Markets | Khan Academy
 
06:52
How the Chinese Central Bank could peg the Yuan to the dollar by printing Yuan and buying dollars (building up a dollar reserve). Created by Sal Khan. Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/core-finance/money-and-banking/currency-tutorial/v/chinese-central-bank-buying-treasuries?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/money-and-banking/currency-tutorial/v/currency-effect-on-trade-review?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Finance and capital markets on Khan Academy: This tutorial walks through how China's undervaluing of its currency impacts trade and prices (which also fuels cheap borrowing for the U.S.). About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy’s Finance and Capital Markets channel: https://www.youtube.com/channel/UCQ1Rt02HirUvBK2D2-ZO_2g?sub_confirmation=1 Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 108522 Khan Academy
Why the fall of China's renminbi matters
 
01:31
The renminbi has fallen to its lowest level against the dollar since December amid escalating trade tensions with the US. The FT's Roger Blitz explains the currency's fall and why it matters – in 90 seconds.
Views: 12445 Financial Times
What is a Trillion Dollars in Yuan?
 
04:33
http://www.forexconspiracyreport.com/what-is-a-trillion-dollars-in-yuan/ What is a Trillion Dollars in Yuan? By www.ForexConspiracyReport.com According to the Investor’s Business Daily Chinese capital outflows reached $1 trillion last year. Which brings to mind what is a trillion dollars in Yuan? As exchange rates vary this number may go up or down but the current exchange rate is 6.5 Yuan to the US dollar so six and half trillion Yuan were converted to foreign currencies and fled China in 2015. China’s capital outflows jumped in December, with the estimated 2015 total reaching $1 trillion, underscoring the scale of the battle facing policymakers trying to hold up the yuan amid slower economic growth and slumping stocks. The entire year’s estimated trillion-dollar total was more than seven times 2014’s $134.3 billion, a record for Bloomberg Intelligence data dating back to 2006. In addition to capital exiting the economy, exporters are holding funds in dollars instead of converting them to yuan, said Tom Orlik, Bloomberg’s chief Asia economist in Beijing. “The immediate trigger for a pickup in capital outflows toward the end of the year was the People’s Bank of China’s poor communication over its shift in currency policy,” said Mark Williams, chief Asia economist for Capital Economics Ltd. in London, who previously worked on China issues at the U.K. Treasury. “Outflows are likely to remain strong because the People’s Bank still has not been able to generate confidence among investors that it knows what it’s doing or that it’s able to achieve its policy objectives.” As rich Chinese move their wealth offshore they sell Yuan and buy dollars, yen, euros or other currencies. And the Yuan goes down in value. A Year of USD/RNB Bloomberg Business has a graph that shows the last 12 months of USD/CNY exchange rates. A year ago a dollar got you 6.2 to 6.25 Yuan and as recently as a month ago the exchange rate was 6.59 Yuan to the dollar. It turns out that five years ago the exchange rate was about 6.5 Yuan to the dollar and the Yuan steadily fell to bottom out at 6.04 to the dollar at the end of 2013 as the USD rallied against all other currencies. Why Is Wealth Leaving China? The Wall Street Journal discusses China’s capital outflow quandary. As China’s foreign exchange hoard drops by hundred-billion-dollar chunks, a key question for economists and investors is what China’s bottom line is and what Beijing can do to defend it. China’s net foreign-exchange reserves have fallen by over $600 billion from their mid-2014 peak of $3.99 trillion as Beijing intervenes to prop up its weakening currency. China’s capital outflow was as much as $1 trillion last year by some estimates if trade surpluses and inbound investment flows are included. Some put Beijing’s red line at $3 trillion, which may not be far off if reserves fall another $200 billion by early March, as some forecast. China’s January figures are due out on Sunday. Trying to assess what Beijing is thinking takes on added importance as China’s problems batter global markets, commodity producers and confidence. China’s central bank and foreign exchange watchdog didn’t immediately respond to questions. Whether Beijing can stem the outflow soon is an open question. Economists say Beijing is working particularly hard to keep ordinary households from losing confidence in the yuan. The problem for China is that a falling Yuan is a self-fulfilling prophecy. Wealthy Chinese take money out of the country because they fear that the currency will devalue as the economy weakens and by their actions cause both a weaker currency and a cheaper Yuan. https://youtu.be/SHysuz_cI0I
Views: 267 ForexConspiracy
Experts Predict Stable Yuan Exchange Rate in 2018 | by 2018 Predictions
 
12:34
► Experts Predict Stable Yuan Exchange Rate in 2018 | by 2018 Predictions. ► The Chinese yuan’s official midpoint was set at 6.4112 per dollar, the highest level since December ... ► SUBSCRIBE 4 More ....... : https://goo.gl/ZUjreA ► Facebook Fanpage ........: https://goo.gl/oxA42Q ► Twitter ................................: https://goo.gl/aq3hHK ► Google plus ......................: https://goo.gl/yyXg3J ► Photo & Content Source : http://c.newsnow.co.uk/A/2/920687303?-41630:27903========================================= ► 2018 Predictions Channel have foretold one of the worst years in global history with a string of natural disasters, the fall of the economy, and the start of World War 3. ... ► Videos can use content-based copyright law contains reasonable use Fair Use (https://www..com/yt/copyright/). ► With the above criteria, if there is any breach of the principles of Community, law on copyright then please comment on the video
Views: 10 2018 Predictions
🇨🇳 China's 'petro-yuan': The end of the dollar hegemony? | Counting the Cost
 
25:53
In an attempt to reshape the global oil market, the Shanghai International Energy Exchange has launched the first crude futures contracts priced in Chinese reminbi, or yuan. China, the world's biggest oil importer buys around nine million barrels of oil every day and it wants to use its own currency to price the world's most-traded commodity. The US dollar has been the main currency for oil futures contracts, so launching a contract in its domestic currency is a sign that China wants the yuan to play a bigger role in global oil trading. China is also taking on the world's most used oil benchmarks, Brent and WTI crude, which are both priced in dollars. But Shanghai-traded oil is still far away from earning benchmark status and taking on the petrodollar won't be easy. "For now, it doesn't mean many changes. Oil is still going to trade in the US dollar, but increasingly over time, there will be more transactions ... but this is not a gamechanger, yet," Michal Meidan, Asia analyst for Energy Aspects, tells Counting the Cost. "The goal is for China to establish an Asian benchmark that will reflect Chinese consumption and more broadly Asian demand patterns", but he believes "it's highly unlikely" that the yuan will challenge the dollar in the near future. Meidan explains that the Chinese yuan would have to become "freely convertible, we would need other countries to open up to settlement in the renminbi; but the primary issue will be currency convertibility. And for now, the Chinese government is very reluctant to loosen currency controls and to give it up to free trade." "It's unlikely China will loosen the reigns on their currency", says Meidan, "It's very hard to see that happening in the coming five years. They still have a lot of domestic challenges that they need to meet and the government and Xi Jinping are in agreement that the state and the party needs a very firm control over that [currency]. If liberalisation was the trend in the 1990s, I think we're very much seeing a reversal of that. China is very much willing to become a global player, but under its own terms. And whether the global market or global investors are happy to take that on - I think we're not seeing a huge amount of appetite for that yet." Also on this episode of Counting the Cost: Tech giants: Technology stocks have had a dramatic week. At one point the so-called "FANG" stocks of Facebook, Amazon, Netflix and Google saw their worst one-day loss as a group. But by Thursday, they managed to end the quarter higher. It's all because the business models of tech titans like Facebook have been getting more attention from regulators. Micro-targeting: Facebook is promising to end partnerships with several data brokers that help advertisers target people on the social network. The company is trying to limit the fallout from allegations that the British firm, Cambridge Analytica, improperly accessed user data to influence the 2016 US elections, as Jonah Hull reports from London. Amazon tax: Reports that US President Donald Trump is looking to change the way online retailer Amazon is regulated sent its share price plummeting earlier this week. At one point stocks fell by as much as 7.4 percent, wiping more than $50bn from Amazon's market value. Katia Lopez-Hodoyan reports from Washington, DC. Saudi solar: Saudi Arabia and Japan's Softbank signed up to a $200bn solar mega-plan. It will feature the biggest battery ever made and networks of solar panels across the Saudi Arabian desert. But several analysts cautioned the current agreement is not binding and could be revised. Somalia tax: Anger is growing from consumers in Somalia over the rising cost of shopping and eating out. It's because of the five percent sales tax, the first sales tax in nearly 30 years. The government says the levy is crucial for Somalia's economic recovery, as Mohammed Adow reports from Mogadishu. Africa CEO Forum: The annual Africa CEO Forum's two-day event held in Ivory Coast featured discussion and debate around the economic and industrial challenges facing the African continent. It comes just one week after the leaders of 44 African countries signed a framework deal to create one of the world's largest free trade blocs. But Nigeria and South Africa, two of the continent's biggest economies have yet to sign up. Cyprus tourism: Tourism is booming in Cyprus, as the island works to recover from a damaging financial crisis five years go. Not all areas, though, are reaping the rewards of those seeking sunnier shores. More from Counting the Cost on: YouTube - http://aje.io/countingthecostYT Website - http://aljazeera.com/countingthecost/ - Subscribe to our channel: http://aje.io/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: https://www.aljazeera.com/
Views: 104822 Al Jazeera English
Yuan's exchange rate to rise or fall 2% from daily peg
 
00:45
Starting today, the daily trading range for the yuan is doubled, underlining the country's efforts to allow market to play a bigger role in its economy.
Views: 127 CGTN
Putting On a Long-Term US Dollar/Chinese Yuan Trade
 
09:01
Learn to invest and trade: http://www.informedtrades.com Key points in this video: 1. USDCNH is has fallen back into its price channel and is now at the top trendline of the channel. Given the ongoing initiatives of the PBOC to internationalize the yuan, I think this may be a good time to short the yuan. Accordingly, I just entered a small position with my stop 1,000 pips above at 6.45 and a target profit of the lows from 2014 near 6.00. 2. We are seeing USD at resistance against EUR, and also approaching resistance against gold. This may fit the theme of USD weakness getting ready to appear. 3. If dollar weakness does appear, the holding pattern on TLT -- the ETF tracking long-dated US Treasury bonds -- may break south. We may also see oil rise too. 4. High grade copper continues to head south, and may complete an AB=CD pattern that would give it a target of around 2.03. I don't have a trade on here, but it may be a nice reward/risk setup for those who wish to trade copper.
Views: 466 InformedTrades
China's Yuan rate significantly lower against the U.S dollar
 
01:57
China's central bank has announced a significantly lower daily reference rate for the yuan against the U.S dollar. This, is as the People's Bank of China attempts to make its exchange rate regime more competitive and market-oriented. Hu Yinan has more
Views: 219 CGTN Africa
Yuan Now Displacing Dollar In 87 Nations
 
13:42
Protect Your Data from NSA Spies! - Click Here! http://www.hidewithwilliam.com Use Promo Code: Mount for 20% OFF Learn & Trade Bitcoin W/ The Pros! Click Here! https://www.tradegeniusacademy.com 50% OFF w/ Promo Code "mount" Don't Get Caught Un-Prepared Stock UP on Emergency Food! - http://www.preparewithwilliam.com or call 888-457-3212 Convert Your Cash Into Gold! Click Here https://bit.ly/2r2h5gY Great Tea To Rid Your Body of Toxins! - https://www.getthetea.com
Views: 18303 William Mount
Dollar Exchange Rate Today - May 04 2017 (13:30 UTC)
 
00:27
Dollar Exchange Rate Today - May 04 2017 (13:30 UTC) Price of the dollar today: US Dollar 1.00 USD - inv. 1.00 USD Euro 0.914709 - 1.093244 British Pound 0.775359 - 1.289725 Indian Rupee 64.246451 - 0.015565 Australian Dollar 1.352423 - 0.739414 Canadian Dollar 1.371856 - 0.728939 Singapore Dollar 1.400707 - 0.713925 Swiss Franc 0.992220 - 1.007841 Malaysian Ringgit 4.328075 - 0.231050 Japanese Yen 112.876520 - 0.008859 Chinese Yuan Renminbi 6.895786 - 0.145016 Colombian Peso 2928.806613 - 0.000341 Subscribe to receive the dollar today and in countries around the world and see useful information (TRM dollar prices, economic indicators, etc.).
Views: 1023 DragonEmprendedor
Iran Dumps The Dollar For Euro China Is Preparing A Petro Yuan Surprise For Trump
 
03:35
Iran Dumps The Dollar For Euro China Is Preparing A Petro Yuan Surprise For Trump As part of its years-long effort to reduce reliance on US currency amid a deepening standoff with Washington, Tehran has announced it will start reporting foreign currency amounts in euros rather than dollars. The governor of Iran’s central bank (CBI) Valiollah Seif said that Supreme Leader Ayatollah Ali Khamenei had welcomed his suggestion of replacing the dollar with the euro in foreign trade, as the “dollar has no place in our transactions today.” The new policy could reportedly encourage government bodies and firms linked to the state to increase their use of the euro at the expense of the American currency. Russia & Iran drop dollar trade by extending oil-for-goods supply agreement France will start offering euro-denominated credits to Iranian buyers of its goods later this year to keep its trade out of the reach of US sanctions, said the head of state-owned French investment bank Bpifrance. According to CBI’s Director of Foreign Exchange Rules and Policies Affairs Mehdi Kasraeipour, the share of the greenback in Iran’s trade activities is not high. As part of a trade embargo, US banks are banned from dealing with Iran. Last month, Tehran announced that purchase orders by merchants that are based on US currency would no longer be allowed to go through import procedures. The step followed an official request by the CBI and was specifically meant to address fluctuations in market rates of the US dollar. The Iranian currency has lost almost half of its value on the free market since last September. The rial has plunged to a record low of about 60,000 against the dollar before authorities set a fixed rate of 42,000 and warned Iranians they would face penalties for using other rates. Khamenei blamed foreign enemies for the “recent issues in the currency market” and asked Iran’s intelligence services to defuse the plots against the Islamic republic.
Won-yuan exchange rate drop to its lowest in nearly three years
 
00:48
The Korean won has hit the highest level against the Chinese yuan in nearly three years. The Korean currency hovered around one-hundred-63-point-two won to the yuan in late Monday morning, appreciating by nearly 10 percent since the beginning of February. The won's value is the highest against the yuan since July 2011. Korean exporters say they are worried about the strengthening won as it hurts their price competitiveness against their Chinese rivals at a time their shipments to China show signs of falling. Korean exports to China fell by more than nine percent to 11-point-three billion U.S. dollars in May from a year earlier, according to the trade ministry.
Views: 64 ARIRANG NEWS
China and the Yuan-Dollar Exchange Rate  Case Solution & Analysis- TheCaseSolutions.com
 
00:34
https://www.thecasesolutions.com This Case Is About STRATEGY & EXECUTION Get Your CHINA AND THE YUAN-DOLLAR EXCHANGE RATE Case Solution at TheCaseSolutions.com TheCaseSolutions.com is the number 1 destination for getting the case studies analyzed. https://www.thecasesolutions.com/china-and-the-yuan-dollar-exchange-rate-2-46668
Is USD/CNY's Steady Climb a Boon or Serious Risk for China?
 
22:58
Talking Points: • USD/CNH has risen to fresh record highs while the longer-running USD/CNY tops six-year highs • A depreciation of the Chinese currency does help the countries exports and thereby GDP • Yet, a serious risk arises in promoting/allowing the exchange rate to rise should risk aversion kick in #news @JohnKicklighter
Views: 1167 DailyFX
Economic Collapse Is Coming! China 'Weaponize' Yuan For Dollar Collapse - 2018 Stock Market CRASH!
 
13:05
The most incredible video of the imminent economic collapse and a major stock market crash. Can we avoid the global economic collapse during this trade war between the two largest economies on the entire planet?  We have never seen anything like this happen in the modern age, and this is creating a tremendous amount of uncertainty for the financial markets.  China has been stealing our intellectual property, manipulating currency rates and slapping high tariffs on American goods. We simply could not allow China to continue to take advantage of us, but now we are so dependent on the Chinese that a trade war with them is going to inevitably produce a major economic collapse and stock market crash.  We are all going to wish that another way could have been found to resolve this economic crisis, because in the short-term this is definitely going to hurt the U.S. economy and causing a major economic collapse.  And if President Trump chooses to press forward with trade wars against Europe, Canada and Mexico at the same time as well, the pain for our economy is going to be off the charts. Music: CO.AG Music https://www.youtube.com/channel/UCcavSftXHgxLBWwLDm_bNvA FAIR USE NOTICE: This video contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law http://copyright.gov/ DEFINITION of 'Trade War' A trade war is a side effect of protectionism that occurs when one country (Country A) raises tariffs on another country’s (Country B) imports in retaliation for Country B raising tariffs on Country A's imports. A tariff is a tax imposed on imported goods and services. Trade wars can commence if one country perceives another country's trading practices to be unfair or when domestic trade unions pressure politicians to make imported goods less attractive to consumers. Trade wars are also a result of a misunderstanding of the widespread benefits of free trade. What is 'Economic Collapse ' An economic collapse is a complete breakdown of a national, regional or territorial economy. An economic collapse is essentially a severe version of an economic depression, where an economy is in complete distress for years, or possibly even decades. A total economic collapse is characterized by economic depression, civil unrest and highly increased poverty levels. Hyperinflation, stagflation and financial-market crashes can all be causes. Government intervention is usually necessary to bring an economy back from collapse, but can often be slow to remedy the problem. The Great Depression in the United States is a prime example of an economic collapse. The 1929 stock market crash brought on a collapse that lasted for many years and saw high levels of poverty. Well-known economist John Maynard Keynes claimed this was from the total lack of government involvement in the economy or the financial markets. Definition of 'Stock Market Crash' A stock market crash is a rapid and often unanticipated drop in stock prices. A stock market crash can be a side effect of major catastrophic events, economic crisis or the collapse of a long-term speculative bubble. Reactionary public panic about a stock market crash can also be a major contributor to it.
Views: 413831 Epic Economist
RMB 'Will Be as Familiar as Dollar' Will Chinese Yuan Replace The US Dollar As The Global Reserve
 
02:20
Here's a short and sweet news item from the markets today: the Chinese yuan is the strongest it's been against the dollar in 20 years. The yuan is now trading at 6.09, its strongest level since 1993. This currency is on a slow boat to strength. It's been gaining, steadily, by about 2% to 3% a year. It's up 10% since the financial crisis began in earnest in October 2008. In Shanghai, with the new free trade zone pilot program in effect, the yuan is expected to become even more international. The central parity rate of the yuan against the U.S. dollar advanced four basis points to 6.1408 on Wednesday, according to data from the Central Bank, but it is allowed to be stronger than that off-shore. Authorities have taken steps in recent weeks to promote the use of the yuan in international trade. On Tuesday, China and the United Kingdom agreed to continue to build London into a major offshore market for yuan trading, underlining the strong financial ties between the two countries. "Many factors are affecting the foreign exchange market at the current time, including decision makers' stands toward the ongoing rising price of the yuan against the US dollar," Zhou Yunxie, a foreign exchange analyst with Shanghai-based Zhongqing Gold Investment told China Daily today. A look at where wealthy Chinese are spreading their yuans around the globe. watch more from http://youtube.com/user/videofilmfiles
RMB Devaluation vs. Chinese Property Market
 
04:39
Follow us on TWITTER: http://twitter.com/cnforbiddennews Like us on FACEBOOK: http://www.facebook.com/chinaforbiddennews At the end of February this year, the value of the yuan fell by more than 1%. This changed the long-standing trend of RMB appreciation. On March 18, the Renminbi (RMB) exchange rate fell again, and traded at 6.1858 to the dollar upon opening. Experts believe that although RMB value has reached an equilibrium, this devaluation could cause the domestic property bubble to burst. On March 15, China's Central Bank doubled the yuan trading band to 2%. On March 18, the RMB to dollar rate opened at 6.1858. This is equivalent to depreciation of 77 basis points. This is compared with the previous trading day's closing rate of 6.1781. It has hit a new low in 11 months. RMB has fallen 2.5% this year. The Wall Street Journal commented that, "the decision, foreshadowed by months of hints by Chinese officials, followed a week long campaign by the country's central bank to weaken the yuan." The People's Bank of China had just doubled the yuan's trading band to 1% from 0.5% on April 16, 2012. Since February this year, the Chinese capital flow has been significantly reduced. After a weak performance of exports in February, data also showed a slow down in industrial added value, fixed asset investment, and retail sales. In addition, as of the third fiscal quarter of last year, China's total foreign debt reached $823 billion. The weakening of RMB will result in increased settling up costs. That is equivalent to an increase in external debt. The Chinese Communist Party (CCP) Commerce Department stated on Tuesday that the recent RMB devaluation was intended to support exports. A Ministry of Commerce spokesman said that, "with the mechanism formation of RMB exchange rate through the deepening of reforms, two-way exchange rate fluctuations will become the norm." So, why did the central bank lead the fall of RMB? Financial analyst Ren Zhongdao says that within power struggles, the CCP is manipulating the "economic card". This is to attack the officials with vested interests. Ren Zhongdao, financial analyst: "Jiang Zemin had ruled the regime with greed and corruption. He turned state-owned enterprises into the CCP elite's source of wealth, and transferred national wealth overseas. This returned to China as foreign investment for arbitrage, to earn the interest difference and the exchange rate. To combat these officials who escape overseas with national wealth, the CCP has now brought the RMB down to cut the interest difference." Hong Hao, China Bank of Communications Chief International Strategist, recently commented in ForbesChina.com. Hong thinks the RMB devaluation will burst the real estate bubble. He stressed that, in general, cheap exchange rates will help a country to promote exports. They will strengthen foreign exchange reserves. Then, large-scale asset revaluation can be carried out through currency appreciation. Once the exchange rate is close to the equilibrium point, asset revaluation will stop. In July 2005, China started the exchange rate reform of the RMB appreciation. At that time, China's foreign exchange reserve was only $800 billion, but now has quadrupled to reach $3.8 trillion. At the same time, China's real estate prices have soared to bubble levels. Hong Hao stated that if one learns from history, devaluation of RMB will pose strong resistance to elevation of asset prices. These assets are mainly real estate and stocks. Financial analyst Ren Zhongdao believes that once CCP officials empty the hot money and run overseas, China's real estate bubble will burst. Ren Zhongdao: "Suppose someone bought a property for one million yuan. The market value is less than one million now. But this person still has to pay the mortgage. Finally, this house may be taken back by the bank, which has no use for the property, and it cannot become cash. In fact, at the end, the country and the financial system are supported by people's hard earned money. The CCP officials will leave after they get the hot money. The government is also busy with infighting, and will not care if the people live or die." According to WSJ, "with the yuan down 2% against the dollar this year, more of the bets are losing money, said Geoff Kendrick, Head of Asian Currencies and Rates at Morgan Stanley." "He estimates that paper losses on one popular way companies hedge their yuan exposure and individual investors bet on the yuan, through what is known as target redemption-forward products, have hit $2.3 billion." "Beng-Hong Lee, Head of Markets for China at Deutsche Bank AG in Shanghai, says his corporate clients are concerned about how much more the currency will depreciate." WSJ added, "while the recent declines likely aren't big enough to trigger a stampede out of the yuan, the added 《神韵》2014世界巡演新亮点 http://www.ShenYunPerformingArts.org/
Views: 1232 ChinaForbiddenNews
Chinese yuan weakens to 4-year low against US dollar
 
00:56
The central parity rate of the Chinese currency, the renminbi or yuan, depreciated to 6.5646 against the US dollar on Thursday. This is the lowest level since March 18, 2011, data from the China Foreign Exchange Trading System (CFETS) showed. Subscribe to us on Youtube: https://www.youtube.com/user/CCTVNEWSbeijing Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/cctvnewschina Twitter: https://twitter.com/CCTVNEWS Google+: https://plus.google.com/+CCTVNEWSbeijing Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
Views: 560 CGTN
Yuan-Euro exchange rate falls below 10
 
01:49
For more information yon can refer to http://www.chinaassistor.com/
Views: 383 stephanywoo
चाइना में क्या है वैल्यू भारत के १ रुपए कि ? Chinese Yuan ! Chinese Exchange ! China Currency !
 
01:48
नमस्कार दोस्तों आज इस विडियो में चाइना में कौन सी मुद्रा चलती है इसके बारे में बताया गया है अच्छा लगता है तो लाइक करे शेयर करें धन्यवाद। Business Inquiries : [email protected] Follow Me Instagram- https://www.instagram.com/travelvikas/ चाइना में क्या है वैल्यू भारत के १ रुपए कि ? Chinese Yuan ! Chinese Exchange ! China Currency ! India To chain currency Hindi china currency name, china currency value, china currency in hindi, china currency rate, #china #chinacurrency
Views: 19636 Travel Vikas
RMB against USD breaks records 40 times in 2013 below 6.10  China  on the road to be another Japan
 
00:22
The yuan traded stronger than 6.10 per dollar for the first time in 20 years after the central bank raised its daily fixing rate to a near record high and the nation stepped up efforts to increase the Chinese currency's global use. The yuan strengthened for three consecutive days and closed at a record high of 6.0995 against the US dollar in Shanghai on Wednesday amid the ongoing impasse over US debt talks, China Foreign Exchange Trade System prices showed. It touched 6.0965 earlier, the strongest level since the government unified the official and market exchange rates at the end of 1993. The last time the currency traded below 6.1 to the dollar was on Dec 27, 1993, when it was at 5.8245. It weakened to 8.7217 on Jan 6, 1994, after a new exchange rate mechanism was implemented. It has appreciated 43 percent since then. The yuan's moves are restricted to 1 percent on either side of the reference rate set every day by the People's Bank of China, the nation's central bank. The central parity rate of the yuan against the US dollar advanced four basis points to 6.1408 on Wednesday, according to data from the central bank. The central parity rate of the yuan against the US dollar is based on a weighted average of prices before the opening of the market each business day. Democratic and Republican leaders in the US Senate could announce a deal soon to extend the government's borrowing authority and quickly re-open federal agencies that have been closed since Oct 1, reported Reuters on Wednesday, citing a Senate aide. Analysts said the price of the US dollar against the yuan may fluctuate because it will take time for the market to digest both the results of the US debt talks and possible continuous yuan appreciation. "Many factors are affecting the foreign exchange market at the current time, including decision makers' stands toward the ongoing rising price of the yuan against the US dollar," said Zhou Yunxie, a foreign exchange analyst with Shanghai-based Zhongqing Gold Investment Co. Recent economic data may indicate that China is going to see another round of yuan appreciation, according to Liu Dongliang, an analyst with China Merchants Bank. Market insiders said the breakout on Wednesday through 6.1 has a psychological effect on market participants. There have not been any large State-run banks buying dollars from the currency market since Monday, which has also affected market sentiment. "We have not seen any big buys of dollars in recent days. The market has a prudent sentiment at the moment waiting for guidelines from policymakers. There may be a wider trading band or more capital market reforms to be introduced," said a Shanghai-based trader with a State-owned bank who preferred not to be named. The yuan on the onshore spot market since Monday has reversed positions with the offshore yuan market in Hong Kong because market participants did not prepare for further gains after robust advances since June. The continued positive momentum in Chinese economic data, in the context of the broad-based US dollar weakness, is likely to support a return of portfolio inflows and further appreciation in the yuan this year, said Nick Verdi, a foreign exchange analyst with Barclays Research in a recent note. Authorities have taken steps in recent weeks to promote the use of the yuan in international trade. On Tuesday, China and the United Kingdom agreed to continue to build London into a major offshore market for yuan trading, underlining the strong financial ties between the two countries. RMB against USD breaks new records 40 times in 2013 Finally below 6 10,more information about china financial news browse and subscribe channal at http://youtube.com/user/cosmeticmachines
China Puts Pressure On The Dollar, Sets Up Yuan-Denominated Exchange In Germany - Episode 804a
 
22:35
Check Out The X22 Report Spotlight YouTube Channel – https://www.youtube.com/channel/UC1rnp-CySclyhxyjA4f14WQ Get economic collapse news throughout the day visit http://x22report.com Report date: 10.29.2015 UK property bubble is now set to burst. The initial jobless claims are the lowest since 1973, at the same time layoffs, business closures and retail contractions are at an all time high. Deutsche Bank will layoff 35,000 employees. Pending homes sales plummet, this following the decline in new home construction and existing home sales. The 3rd quarter GDP came in at 1.5 and the main driver was Obamacare penalties. Goldman Sachs reports that the manufacturing decline is now contained, heard this before, now its time to really worry.The US budget deal will allow the Government to robo call those who owe money. China and Germany are now setting up a yuan denominated exchange in Germany All source links to the report can be found on the x22report.com site. Most of artwork that are included with these videos have been created by X22 Report and they are used as a representation of the subject matter. The representative artwork included with these videos shall not be construed as the actual events that are taking place. Intro Music: YouTube Free Music: Warrior Strife by Jingle Punks Fair Use Notice: This video contains some copyrighted material whose use has not been authorized by the copyright owners. We believe that this not-for-profit, educational, and/or criticism or commentary use on the Web constitutes a fair use of the copyrighted material (as provided for in section 107 of the US Copyright Law. If you wish to use this copyrighted material for purposes that go beyond fair use, you must obtain permission from the copyright owner. Fair Use notwithstanding we will immediately comply with any copyright owner who wants their material removed or modified, wants us to link to their web site, or wants us to add their photo. The X22 Report is "one man's opinion". Anything that is said on the report is either opinion, criticism, information or commentary, If making any type of investment or legal decision it would be wise to contact or consult a professional before making that decision.
Views: 16207 X22Report
Lynette Zang Warns !!! Dollar Falls Hard As Gold Backed Yuan Hits--Death Of The Dollar?
 
49:09
See More : Game Over - Bill Holter --"A Global Trade War Would Lead To a 40% Market Crash In April 2018? https://www.youtube.com/watch?v=vnB8VVigWTk Today's Guest: Lynette Zang Websites: ITM Trading https://www.itmtrading.com YouTube: https://www.youtube.com/user/itmtrading Most of artwork that are included with these videos have been created by X22 Report and they are used as a representation of the subject matter. The representative artwork included with these videos shall not be construed as the actual events that are taking place. Intro Music: YouTube Free Music Hey Sailor by Letter Box Fair Use Notice: This video contains some copyrighted material whose use has not been authorized by the copyright owners. We believe that this not-for-profit, educational, and/or criticism or commentary use on the Web constitutes a fair use of the copyrighted material (as provided for in section 107 of the US Copyright Law. If you wish to use this copyrighted material for purposes that go beyond fair use, you must obtain permission from the copyright owner. Fair Use notwithstanding we will immediately comply with any copyright owner who wants their material removed or modified, wants us to link to their web site, or wants us to add their photo. The X22 Report is "one man's opinion". Anything that is said on the report is either opinion, criticism, information or commentary, If making any type of investment or legal decision it would be wise to contact or consult a professional before making that decision. Use the information found in these videos as a starting point for conducting your own research and conduct your own due diligence before making any significant investing decisions. X22 Report assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information. Thank you. Subscribe & More Videos: https://goo.gl/r0MrC1 Thank for watching, Please Like Share And SUBSCRIBE!!! #robkirby, #davidmorgan
Views: 33330 Global Economic Reset
Yay to Yuan! Chinese currency overtakes euro in trade
 
04:28
The Chinese yuan has overtaken the euro to become the second most used currency in the global market place. Last year its share of world trade was just over 1 percent compared to the euro's almost 8 percent. The yuan has now reached almost 9, leaving the euro way behind. Keith Boyfield from the Centre for Policy Studies joins RT to discuss this issue. READ MORE: http://on.rt.com/tebvqk RT LIVE http://rt.com/on-air Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday Like us on Facebook http://www.facebook.com/RTnews Follow us on Twitter http://twitter.com/RT_com Follow us on Instagram http://instagram.com/rt Follow us on Google+ http://plus.google.com/+RT RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.
Views: 24465 RT