Chinese yuan strengthens to three-month high
The onshore yuan climbed to 6.4625 to the dollar as of 9.40 a.m. in Shanghai, up 214 basis points from Thursday`s close, according to China Foreign Exchange Trade System prices.
Mar 18, 2016, 09:27 AM IST![China not going back to "old road" of capital controls](https://english.cdn.zeenews.com/sites/default/files/styles/zm_700x400/public/2016/02/06/457897-yuan7.jpg "China not going back to "old road" of capital controls")
China not going back to "old road" of capital controls
China will continue to crack down on illegal foreign exchange activities but won`t revert back to the "old road" of capital controls, the country`s top foreign exchange regulator said.
Feb 06, 2016, 16:15 PM IST
Chinese yuan weakens to four-year low
The central parity rate of the Chinese currency renminbi (yuan) weakened on Monday for the sixth consecutive day to its lowest level against the USD since July 2011.
Dec 14, 2015, 11:29 AM IST
