China Currency Depreciation
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IMF Sees Little Room for Dramatic Yuan Depreciation
The International Monetary Fund (IMF) has said it does not expect a very dramatic depreciation of the Chinese yuan anytime soon, but the multilateral agency has instruments in place to deal with volatility on account of any further devaluation.
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China's Xi Jinping Says to Push Yuan Reform, FX Reserves Remain Ample: Report
China will push forward market-based reform of its currency regime and make the yuan convertible on the capital account over time, President Xi Jinping told the Wall Street Journal in an interview published on Tuesday.
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Rupee May Weaken Further on China Currency Depreciation: Citigroup
According to the global financial services major, the surprise element associated with the yuan's depreciation may force investors to liquidate their positions across markets.
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IMF Sees Little Room for Dramatic Yuan Depreciation
The International Monetary Fund (IMF) has said it does not expect a very dramatic depreciation of the Chinese yuan anytime soon, but the multilateral agency has instruments in place to deal with volatility on account of any further devaluation.
-
China's Xi Jinping Says to Push Yuan Reform, FX Reserves Remain Ample: Report
China will push forward market-based reform of its currency regime and make the yuan convertible on the capital account over time, President Xi Jinping told the Wall Street Journal in an interview published on Tuesday.
-
Rupee May Weaken Further on China Currency Depreciation: Citigroup
According to the global financial services major, the surprise element associated with the yuan's depreciation may force investors to liquidate their positions across markets.
