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.
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.
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.
Last Updated: Tuesday, August 25, 2015, 00:14
State Bank chairman Arundhati Bhattacharya Monday described the massive fall in the rupee as "driven by apprehensions" about the crisis in China and asserted it does not indicate any fundamental issues with Indian economy.
Last Updated: Thursday, May 7, 2015, 08:44
"Exchange rate policy should continue to allow greater flexibility by reducing foreign exchange intervention,"
Last Updated: Wednesday, January 15, 2014, 17:48
China's foreign exchange reserves, already the world's largest, touched a whopping USD 3.82 trillion in 2013, the central bank said Wednesday.
Last Updated: Tuesday, September 17, 2013, 11:58
Chinese banks bought more foreign currency than they sold in August hinting at a slowing down of outflow of foreign capital from China.
Last Updated: Sunday, May 12, 2013, 19:16
The guideline seek to integrate and simplify the process of registering, opening account, utilizing and payment of capital with foreign exchange.
Last Updated: Wednesday, February 15, 2012, 00:20
China's foreign reserves rose by USD 384.8 billion last year, the lowest in the past five years.
Last Updated: Sunday, January 22, 2012, 14:06
China's foreign exchange reserves amounting to over USD 3 trillion declined for the second straight month in December, snapping the trend of years of accumulation.
Last Updated: Tuesday, December 27, 2011, 17:02
China’s foreign debt increased to USD 697.16 billion at the end of September, up from USD 548.9 billion last year, the country's foreign-exchange regulator said on Tuesday.
Last Updated: Friday, December 2, 2011, 21:27
China's vice foreign minister on Friday ruled out using the nation's vast foreign exchange reserves to bail out Europe, as the debt-laden continent tries to stave off the risk of a massive default.
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