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International Monetary Fund
29 Jul 2017
Chinese Yuan exchange rate in line with fundamentals: IMF
The IMF expected that China`s current account surplus will continue to be narrowed if the country continues to implement reforms.
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Asian currencies
31 May 2017
Yuan hits 6-1/2-month high; other currencies rise in tight range
Asian currencies rose on Wednesday as strong manufacturing data from China coupled with a risk-happy market environment spurred interest in emerging currencies, with the Chinese yuan jumping to its highest in six-and-a-half months.
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SDR basket
30 Sep 2016
Chinese yuan set to be inducted into IMF currency basket
China`s yuan is poised to enter the International Monetary Fund`s elite SDR basket of currencies, raising Beijing`s banknotes to the status of global reserve asset.
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US Dollars
26 Mar 2016
Pent up dollar demand by jewellers to exert pressure on rupee: Experts
Pent up demand for US dollars by the jewellery sector, coupled with a weak Chinese yuan, are expected to exert pressure on the Indian rupee during the upcoming week, experts said on Saturday.
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China foreign exchange
18 Mar 2016
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.
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China
06 Mar 2016
China says economy will "absolutely not" experience hard landing
China`s economy isn`t headed for a hard landing and isn`t dragging on the global economy, China`s top economic planner said on Sunday, but uncertainty and instability in the global economy do pose a risk to the country`s growth
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Asian shares
15 Jan 2016
Asia shares hit 3-1/2-year lows as oil resumes fall
Asian stocks surrendered earlier gains to hit 3-1/2-year lows on Friday as renewed pressure on oil prices and disappointing Chinese data kept investors on edge.
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IMF
29 Nov 2015
IMF poised to put Chinese yuan in elite currency basket
The International Monetary Fund is expected to approve inclusion of China`s yuan in its SDR basket of elite currencies on Monday, rewarding Beijing`s strong pursuit of the global status.
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yuan
12 Nov 2015
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.  
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China
09 Nov 2015
China to start direct trading between Yuan and Swiss Franc
The move will lower trading costs for China and Switzerland.
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US
20 Oct 2015
US softens stance on China's currency
The United States has softened its long-held stance that China's currency is significantly undervalued, saying the yuan remains below its "appropriate medium-term valuation".
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China International Payment System
08 Oct 2015
China launches international payment system to globalise yuan
The CIPS provides capital settlement and clearing services for cross-border yuan transactions for financial institutions domestically and abroad.
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yuan
07 Sep 2015
Yuan weakens despite firmer midpoint, less intervention seen
"Dollar sales by state-owned banks on behalf of the central bank eased today," said a dealer at a European bank in Shanghai.
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China
24 Aug 2015
Chinese yuan strengthens
In China`s spot foreign exchange market, the yuan is allowed to rise or fall by two percent from the central parity rate each trading day, Xinhua reported.
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Indian economy
20 Aug 2015
Pick up in economy, rural demand may rebound: Raghuram Rajan
Reserve Bank Governor Raghuram Rajan on Thursday said there is a pick up in the economy and expressed hope that rural demand will get stronger if the monsoon improves.
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Corporate investment cycle
19 Aug 2015
'India still far off from turnaround in corporate investment cycle'
The country remains a 'long way off' from a complete turnaround in the corporate investment cycle despite various positive economic indicators, says a report.
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yuan
18 Aug 2015
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.
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yuan
17 Aug 2015
Devaluation of yuan to impact handicraft export: EPCH
Export Promotion Council for Handicrafts (EPCH) said that Indian products would loose their competitiveness in the global market due to the devaluation of yuan.
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yuan
27 Oct 2014
China launches direct currency trading with Singapore
The move is crucial for the formation of a direct exchange rate between the Chinese yuan and Singapore dollar.
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China
16 Jun 2014
China's yuan weakens
In China`s foreign exchange spot market, the yuan is allowed to rise or fall by two percent from the central parity rate each trading day.






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