China's yuan posts best month since 2005 revaluation
China`s yuan eased on Thursday but posted its biggest monthly gain at the month-end, in percentage terms, since the Chinese currency was revalued and taken off a fixed dollar peg in 2005.
Aug 31, 2017, 15:10 PM IST
China's foreign reserves plunge half a trillion dollars
China today said its foreign reserves, the world's largest, declined by about half a trillion dollars last year which largely went to its citizens and companies
Mar 06, 2016, 22:08 PM IST
Yuan devaluation worrying for Indian exports: Nirmala
Commerce and Industry Minister Nirmala Sitharaman said the devaluation of the yuan will make imports cheaper from China to India.
Jan 08, 2016, 20:13 PM IST
China cuts yuan to weaker than 6.5 against dollar
China cut the yuan`s value against the greenback Monday, making it weaker than 6.5 for the first time in more than four-and-a-half years, with pressure mounting as the world`s number two economy from a growth slowdown.
Jan 04, 2016, 14:47 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
Chinese yuan weakens against USD for 8th day, lowest in month
The yuan weakened by 14 basis points against the US dollar, the China Foreign Exchange Trading System said.
Nov 12, 2015, 13:44 PM IST
Long way to go for India to become global growth engine: Rajan
RBI Governor Raghuram Rajan has said it will be "a long time" before India can replace China as a growth engine for the global economy, even if it grows at a faster rate.
Aug 26, 2015, 12:51 PM IST
'When China sneezes, the world could catch a cold'
When China sneezes, the world could catch a cold, said a commentary in China`s Xinhua news agency which added that the global economy is closely tied to Chinese performance.
Aug 26, 2015, 11:25 AM IST
Currency volatility: How it will affect global growth
Faced with falling exports and deflation risks, it suited much of Asia to let their currencies drift lower, until China`s abrupt devaluation triggered a tide of volatility that is upsetting not just their currency management but also their growth strategies.
Aug 26, 2015, 09:33 AM IST
Currency devaluation raises question on China's strength: Rajan
Terming devaluation of currencies as a "worrisome trend", RBI Governor Raghuram Rajan on Thursday said China's move to devalue its currency and to protect its stock markets raise questions about the 'true strength' of the world's second largest economy.
Aug 20, 2015, 12:46 PM IST
Chinese yuan strengthens
In China`s spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.
Aug 18, 2015, 08:24 AM IST
Yuan devaluation to have temporary impact on rupee: CEA
The Finance Ministry on Friday said the devaluation of Chinese currency will only have a temporary impact on the rupee as India has adequate foreign exchange reserves.
Aug 14, 2015, 21:34 PM IST
Rupee plunges to new 2-year low, weakens past 65 Vs USD on yuan woes
The rupee has dropped by 136 paise or 2.13 percent in the last seven trading sessions as the Chinese central bank's continued effort to guide the yuan lower.
Aug 13, 2015, 19:03 PM IST
Rupee may weaken further on China currency depreciation: Citi
India seems to be less vulnerable to China's currency depreciation through direct channels, but the rupee may still weaken, says a Citigroup report.
Aug 13, 2015, 15:54 PM IST
Why Indian Rupee has plunged to 2-year low
key reasons of rupee's depreciation
Aug 12, 2015, 14:51 PM IST
World economies must take note of yuan devaluation: CEA
World economies, including India, will have to take note of Chinese currency devaluation designed to avert slowdown in its economy and exports, Chief Economic Advisor Arvind Subramanian said Wednesday.
Aug 12, 2015, 13:14 PM IST
China to issue new 100 yuan note with more security features
China's central bank, the People's Bank of China (PBOC), Monday said it will start issuing a new 100-yuan bank note from November 12 that will be harder to counterfeit and easier for machines to read.
Aug 10, 2015, 11:36 AM IST
Chinese Yuan still undervalued: US Jack Lew
The United States still believes China`s yuan currency is undervalued, unlike the International Monetary Fund, US Treasury Secretary Jack Lew said Wednesday.
May 27, 2015, 23:17 PM IST
Chinese currency no longer 'undervalued': IMF
The IMF Tuesday said China's currency is "no longer undervalued," deflating repeated US assessment that the Yuan is deliberately devalued to secure trade advantages.
May 26, 2015, 21:41 PM IST
Samsung, China trade deal give boost to South Korea's yuan hub ambitions
South Korea became the third country in the world to begin direct trading of the yuan for a local currency in December under the aim of grabbing a larger share of the growing business opportunities involving the yuan outside China.
Feb 25, 2015, 13:35 PM IST
