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China cuts yuan rate for 3rd straight day by more than 1%

Last Updated: Thursday, August 13, 2015, 11:12

China cut the reference rate for its currency for the third straight day on Thursday, authorities said, after their surprise devaluation of the yuan this week unsettled global financial markets.

Rupee breaks six-day falling spree, recovers 14 paise to 64.64 against dollar

Last Updated: Thursday, August 13, 2015, 10:19

The rupee had tumbled 59 paise to nearly 2-year low at 64.78 against the US dollar in yesterday's trade.