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Bitcoin sinks after Chinese action  Bitcoin has fallen to less than half the value it recently traded for, following reports of fresh action by Beijing to restrict trade in the virtual currency US treasury chief to visit China  Timothy Geithner is to visit China at a time of tension between the two countries over the value of China's currency, the yuan 'US bill on yuan would hurt both countries'
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China devalues yuan currency to three-year low
China allows yuan currency to drop for third day  But Thursday's rate of 1% down against the dollar was a smaller margin than the shock cuts earlier in the week China's yuan currency devalued for a second day


year 2015 Top ^

Aug.12
Aug.11
  China's Central Bank has again cut the guiding rate for the national currency, the yuan, a day after Tuesday's record 1.9% devaluation
Aug.10
  China's central bank has devalued the national currency, the yuan, to its lowest rate against the US dollar in almost three years



year 2013 Top ^

Dec.18


year 2010 Top ^

Oct.23
Sep.30
  U.S. House's passage of legislation designed to combat Beijing's manipulation of currency
Jun.19 China hints at stronger currency
  China has indicated it will allow the yuan to rise against the dollar and other Western currencies
Mar.13 China denies currency undervalued
  Chinese Premier Wen Jiabao has rejected criticism that China is keeping yuan undervalued in order to boost exports


year 2009 Top ^

Dec.27 Wen dismisses currency pressure
  Premier Wen Jiabao has said Beijing would not give in to foreign demands for its currency to strengthen, taking an increasingly defiant tone

year 2005 Top ^

Jun.25 No to yuan revaluation
  Prime Minister Jiabao has said there is no hurry to revalue the country's currency


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