Chinese Premier says no intention of devaluing yuan
Dismissing US President Donald Trump's charge of China being a currency manipulator, Premier Li Keqiang today said Beijing has no intention of devaluing the yuan to boost exports, as it does no good for Chinese companies' transformation.
Mar 15, 2017, 15:21 PM IST
China plays down concerns over yuan depreciation, dip in forex
The unpredictability in the foreign exchange market is due to uncertainties at home and abroad, Central Bank Governor Zhou Xiaochuan said, adding that fluctuations will be normal.
Mar 10, 2017, 15:38 PM IST
Yuan posts biggest weekly gain since April ahead of G20 talks
The yuan firmed for a fourth straight day on Friday, posting its biggest weekly gain since April as China`s state-run banks were suspected of supporting the currency before Group of 20 finance officials meet this weekend in Chengdu.
Jul 22, 2016, 16:37 PM IST
China cuts yuan fix in biggest downward move since devaluation
China weakened the yuan's fixing almost one percent to a five-and-half-year low against the dollar today, officials said, the biggest downward move since August as the greenback surge after Britain's vote to leave the European Union.
Jun 27, 2016, 10:53 AM IST
China's yuan hits strongest level against dollar so far this year
China`s yuan currency touched 6.4856 to the dollar on Thursday, its strongest level so far in 2016.
Mar 17, 2016, 15:14 PM IST
