Last Updated: Monday, September 7, 2015, 09:52
"Dollar sales by state-owned banks on behalf of the central bank eased today," said a dealer at a European bank in Shanghai.
Last Updated: Monday, August 24, 2015, 08:30
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.
Last Updated: Thursday, August 20, 2015, 10:34
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.
Last Updated: Wednesday, August 19, 2015, 19:37
The country remains a 'long way off' from a complete turnaround in the corporate investment cycle despite various positive economic indicators, says a report.
Last Updated: Tuesday, August 18, 2015, 08:24
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.
Last Updated: Monday, August 17, 2015, 14:10
Export Promotion Council for Handicrafts (EPCH) said that Indian products would loose their competitiveness in the global market due to the devaluation of yuan.
Last Updated: Thursday, October 31, 2013, 09:34
The US Treasury said Wednesday that the Chinese yuan remains undervalued despite its significant appreciation this year and called on Beijing to disclose more about its market intervention.
Last Updated: Thursday, November 15, 2012, 15:03
It was a happy Diwali for the Indian export community, thanks to the Chinese Yuan that rose to a record high this week.
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