China's foreign trade declines, record drop of forex reserves

Last Updated: Tuesday, September 8, 2015, 17:04

China Tuesday said its foreign trade in August decreased 9.7 percent year on year to about USD 320.8 billion amid rising concerns over the record drop of USD 93.9 billion in the Communist giant's foreign exchange reserves last month.

Rupee recovers 8 paise at 66.74 against US dollar

Last Updated: Tuesday, September 8, 2015, 09:38

The rupee had plunged by 36 paise to settle at two-year low of 66.82 against the American currency yesterday on persistent dollar demand from banks and importers due to sustained foreign capital outflows.

China announces policies to boost financial leasing

Last Updated: Monday, September 7, 2015, 20:43

The Chinese government on Monday rolled out measures on financial leasing following a top-level meeting chaired by Chinese Premier Li Keqiang in August that resulted in the decision to boost the sector to help cash-strapped firms.

Rupee tumbles to fresh 2-year low of 66.82 against US dollar

Last Updated: Monday, September 7, 2015, 19:40

The rupee plunged by 36 paise to close at 2-year low of 66.82 against the American currency today on persistent dollar demand from banks and importers due to sustained foreign capital outflows amidst sharp fall in equity markets.

China forex reserves decline on currency efforts: Bloomberg

Last Updated: Monday, September 7, 2015, 17:25

China's foreign exchange reserves fell by a record USD 93.9 billion last month, reports said, as Beijing sold dollars to support its own currency following jitters over a sudden devaluation.

China FX reserves fall record $93.9 bn in Aug as central bank supports yuan

Last Updated: Monday, September 7, 2015, 15:09

A large portion of China`s reserves are held in U.S. Treasuries. Last week, traders suspected China of selling Treasuries.

Rupee weakens 17 paise to 66.63 against US dollar

Last Updated: Monday, September 7, 2015, 10:09

Forex dealers said persistent demand for the dollar from importers and sustained capital outflows by foreign funds also weighed on the rupee.

Rupee falls for 4th straight week, ends at 66.46 Vs USD

Last Updated: Saturday, September 5, 2015, 16:03

The rupee has tumbled by 265 paise or 4.15 percent in the four weeks.

Rupee closes 22 paise lower at 66.46 against USD

Last Updated: Friday, September 4, 2015, 18:53

Continuing to fall for the second consecutive day, the rupee declined by 22 paise to settle at 66.46 against the US dollar on persistent demand for the American currency from banks and importers amidst foreign capital outflows.

Rupee gains 14 paise to 66.10 against dollar in early trade

Last Updated: Friday, September 4, 2015, 10:43

The rupee strengthened by 14 paise to 66.10 against the dollar in early trade on fresh selling of the US currency by exporters and banks.

Rupee weakens 7 paise to 66.26 against dollar in early trade

Last Updated: Thursday, September 3, 2015, 10:21

The rupee depreciated 7 paise to 66.26 against the dollar in early trade today on foreign fund outflows amid appreciation in the US currency overseas.

Rupee continues uptrend; ends 3 paise higher at 66.19 against USD

Last Updated: Wednesday, September 2, 2015, 20:07

Rising for the second consecutive day, the rupee closed 3 paise higher at 66.19 against the US dollar Wednesday on fag-end selling of the greenback by banks and exporters.