हिन्दी मराठी বাংলা தமிழ் മലയാളം ગુજરાતી తెలుగు ಕನ್ನಡ ਪੰਜਾਬੀ

China yuan

China calls for ATM upgrade to handle new currency notes

The People's Bank of China (PBOC) said it will issue new 100-yuan bank notes starting November 12.

Aug 12, 2015, 17:59 PM IST

China devalues yuan further, sparks fears of currency war

Tuesday's devaluation by the world's second largest economy, the first since 1994, was effected amid slowing down of the economy which is hovering around seven percent and falling exports.

Aug 12, 2015, 17:57 PM IST

Chinese currency devaluation appears a welcome step: IMF

China's new mechanism for determining the central parity of its currency "appears a welcome step" as it should allow market forces to have a greater role in determining the exchange rate, the IMF has said.

Aug 12, 2015, 12:17 PM IST

Rupee crashes to nearly 2-year low, down 48 paise to 64.67

Rupee remained on a downward trajectory due to appreciation of the dollar overseas after China devalued the yuan for the second straight day.

Aug 12, 2015, 10:22 AM IST

China devalues its currency Yuan: What will be the worldwide impact

China cut the value of the yuan against the dollar for a second consecutive day.

Aug 12, 2015, 09:40 AM IST

China announces sharp fall in value of yuan currency

China`s central bank on Tuesday announced a sharply lower daily reference rate for the yuan against the US dollar, saying it was part of moves to make its exchange rate regime more market-oriented.

Aug 11, 2015, 10:11 AM IST

China to issue new 100-yuan bank note

The People`s Bank of China (PBOC) on Monday announced that it would issue a new 100-yuan bank note from November 12, a media report said.

Aug 10, 2015, 13:53 PM IST

IMF staff urges no rush to add China yuan to currency basket

The International Monetary Fund should put off any move to add the yuan to its benchmark currency basket until after September 2016, IMF staff said in a report which showed a mixed performance of the renminbi on meeting key financial norms.

Aug 05, 2015, 11:29 AM IST

China plans to launch yuan gold fix by end of 2015

The first public confirmation made by an exchange official comes after Reuters cited sources in February on the proposal for the fix to be set through trading on the SGE, the world`s biggest physical bullion exchange.

Jun 25, 2015, 15:28 PM 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