Latest News on Renminbi
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Renminbi - Total results - 23
Jan 06, 2018
Pakistan nearly trades its economic sovereignty in currency swap arrangement with ChinaThe currency was the last bastion of the Pakistani state that remained inviolate.
Jun 27, 2016
After Brexit, China devalues yuan by almost 1% today amid dollar surgeThe People’s Bank of China (PBoC) set the value of the yuan — also known as the renminbi — at 6.6375 to the greenback, down 0.91 percent from Friday’s fixing
Nov 30, 2015
IMF adds China's renminbi to list of elite reserve currenciesThe International Monetary Fund added China's renminbi on Monday to the currencies that the crisis lender uses as a measure of value, alongside the dollar, euro, yen and pound sterling.
May 27, 2015
Why does Arvind Subramanian want India to outsource its monetary policy to the US?Subramanian went on to suggest that it was time that India started to imitate China on the currency front.
Aug 13, 2014
China's July data points to growing economic softness as govt measures fall shortChina's economic growth quickened slightly to 7.5 percent in the second quarter - in line with the government's full-year target - from 7.4 percent in the first three months, its weakest pace in 18 months.
Aug 01, 2014
China July PMIs jump to 18-month high, add to view economy is steadyingArray
Jul 31, 2014
China should lower 2015 GDP target to 7%: IMFThe IMF cut its 2014 and 2015 economic growth forecasts for China last week. It had projected in April that the world's second-largest economy would grow 7.5 percent this year, and 7.3 percent next year.
Jan 08, 2014
2014 to be 'no easier' than 2013 for rupee, other Asian currencies: HSBCThe policy rate was hiked by 50bps between July 30 and September 20. Besides, RBI was quick to unveil a slew of measures, including import restrictions and swap windows for onshore oil importers, to ease USD demand.
Nov 21, 2013
China central bank suggests faster tempo for freeing currency mktsThe central bank under Zhou Xiaochuan has consistently flagged its intention to liberalise financial markets and allow the yuan to trade more freely, even before the Communist Party's top brass unveiled late last week the boldest set of economic and social reforms in nearly three decades.
Oct 12, 2013
Why the US con job on the dollar is now in questionThe US dollar is vastly overvalued today because its international holders have few exit options. But things could change as more countries realise this