Forex Reserves China
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China Plans Yuan Pool To Counter Dollar's Reserve Currency Status
China's central bank has signed an agreement with Switzerland based Bank for International Settlements to establish a yuan pooling scheme
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China's $2.3 Billion Refinancing Pakistan Plan Amid Forex Crisis: Report
China on Thursday agreed to refinance Pakistan with USD 2.3 billion worth of funds amid the dwindling foreign exchange reserves of the country.
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China's Forex Reserves Fall By $31.5 Billion In September
China's foreign exchange reserves, the largest in the world, fell to $3.2006 trillion at the end of September, down $31.5 billion from a month earlier, according to official data released on Thursday.
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China Wants Sanctions On Afghanistan Lifted, Its Forex Reserves Released
China on Thursday called for the lifting of sanctions against Taliban-administered Afghanistan and urged the US not to use the frozen foreign exchange reserves of the war-torn country as a "bargaining chip" to exert political pressure on the group.
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Rupee Hits Fresh Record Low Of 70.32 Against US Dollar: 10 Points
The rupee hit a fresh record low of 70.32 against the US dollar in early trade on Thursday. Experts believe that the rupee is unlikely to recover soon. Asia's currencies also remained under pressure, with the dollar holding near 13-month peaks as political turmoil in Turkey and concerns about China's economic health continued to support safe-haven ...
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China December Forex Reserves Fall For Sixth Month, Near $3 Trillion Level
China's reserves shrank by $41 billion in December, slightly less than feared but the sixth straight month of declines, data showed, after a week in which Beijing moved aggressively to punish those betting against the currency and make it harder for money to get out of the country.
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China Forex Reserves Fall To Lowest Since 2011
China's foreign exchange reserves fell to the lowest since 2011 in August as the central bank intervened to support the yuan currency as it weakened to near-six year lows.
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Current Position Of Rupee Pretty Reasonable: Raghuram Rajan
Reserve Bank of India Governor Raghuram Rajan on Monday said the current level of the rupee is "pretty reasonable" and any attempt to devalue it may lead to a surge in inflationary pressures and "offset any benefits".
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China Fixes Yuan At 3 Month High As Dollar Sinks
China's central bank fixed its currency exchange rate at a three-month high against the US dollar on Friday as the greenback sank.
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IMF to Identify Holdings of China's Yuan in Reserves Surveys
The International Monetary Fund on Friday said it would separately identify China's yuan currency in its official foreign exchange reserves database starting October 1, a move prompted by the yuan's new status in the Fund's reserve currency basket.
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Raghuram Rajan Says Not in Favour of Devaluing Exchange Rate
Reserve Bank of India (RBI) Governor Raghuram Rajan on Monday said he was not in favour of devaluing exchange rates to boost economic growth, signalling India will not join other countries such as China or Japan in pushing down their currencies.
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China Forex Reserves Fall to Lowest Since May 2012
China's foreign reserves fell for a third straight month in January, as the central bank dumped dollars to defend the yuan and prevent an increase in capital outflows.
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RBI Panel on Financial Markets Meets Amid Yuan Spillover
With China's currency devaluation sending forex and stock markets into a tizzy, RBI's Technical Advisory Committee on financial markets met on Thursday and reviewed the recent developments in G-Secs and foreign exchange markets.
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IMF Approves Yuan as Elite Reserve Currency
The International Monetary Fund welcomed China's yuan into its elite reserve currency basket on Monday, recognising the ascendance of the Asian power in the global economy.
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China's Foreign Trade Declines, Record Drop of Forex Reserves
Latest data released by General Administration of Customs (GAC) shows that while exports fell 6.1 per cent year on year to 1.2 trillion yuan, compared with an 8.9 per cent drop in July, the imports slumped 14.3 per cent to 836.1 billion yuan, compared with July's decrease of 8.6 per cent.
-
China Plans Yuan Pool To Counter Dollar's Reserve Currency Status
China's central bank has signed an agreement with Switzerland based Bank for International Settlements to establish a yuan pooling scheme
-
China's $2.3 Billion Refinancing Pakistan Plan Amid Forex Crisis: Report
China on Thursday agreed to refinance Pakistan with USD 2.3 billion worth of funds amid the dwindling foreign exchange reserves of the country.
-
China's Forex Reserves Fall By $31.5 Billion In September
China's foreign exchange reserves, the largest in the world, fell to $3.2006 trillion at the end of September, down $31.5 billion from a month earlier, according to official data released on Thursday.
-
China Wants Sanctions On Afghanistan Lifted, Its Forex Reserves Released
China on Thursday called for the lifting of sanctions against Taliban-administered Afghanistan and urged the US not to use the frozen foreign exchange reserves of the war-torn country as a "bargaining chip" to exert political pressure on the group.
-
Rupee Hits Fresh Record Low Of 70.32 Against US Dollar: 10 Points
The rupee hit a fresh record low of 70.32 against the US dollar in early trade on Thursday. Experts believe that the rupee is unlikely to recover soon. Asia's currencies also remained under pressure, with the dollar holding near 13-month peaks as political turmoil in Turkey and concerns about China's economic health continued to support safe-haven ...
-
China December Forex Reserves Fall For Sixth Month, Near $3 Trillion Level
China's reserves shrank by $41 billion in December, slightly less than feared but the sixth straight month of declines, data showed, after a week in which Beijing moved aggressively to punish those betting against the currency and make it harder for money to get out of the country.
-
China Forex Reserves Fall To Lowest Since 2011
China's foreign exchange reserves fell to the lowest since 2011 in August as the central bank intervened to support the yuan currency as it weakened to near-six year lows.
-
Current Position Of Rupee Pretty Reasonable: Raghuram Rajan
Reserve Bank of India Governor Raghuram Rajan on Monday said the current level of the rupee is "pretty reasonable" and any attempt to devalue it may lead to a surge in inflationary pressures and "offset any benefits".
-
China Fixes Yuan At 3 Month High As Dollar Sinks
China's central bank fixed its currency exchange rate at a three-month high against the US dollar on Friday as the greenback sank.
-
IMF to Identify Holdings of China's Yuan in Reserves Surveys
The International Monetary Fund on Friday said it would separately identify China's yuan currency in its official foreign exchange reserves database starting October 1, a move prompted by the yuan's new status in the Fund's reserve currency basket.
-
Raghuram Rajan Says Not in Favour of Devaluing Exchange Rate
Reserve Bank of India (RBI) Governor Raghuram Rajan on Monday said he was not in favour of devaluing exchange rates to boost economic growth, signalling India will not join other countries such as China or Japan in pushing down their currencies.
-
China Forex Reserves Fall to Lowest Since May 2012
China's foreign reserves fell for a third straight month in January, as the central bank dumped dollars to defend the yuan and prevent an increase in capital outflows.
-
RBI Panel on Financial Markets Meets Amid Yuan Spillover
With China's currency devaluation sending forex and stock markets into a tizzy, RBI's Technical Advisory Committee on financial markets met on Thursday and reviewed the recent developments in G-Secs and foreign exchange markets.
-
IMF Approves Yuan as Elite Reserve Currency
The International Monetary Fund welcomed China's yuan into its elite reserve currency basket on Monday, recognising the ascendance of the Asian power in the global economy.
-
China's Foreign Trade Declines, Record Drop of Forex Reserves
Latest data released by General Administration of Customs (GAC) shows that while exports fell 6.1 per cent year on year to 1.2 trillion yuan, compared with an 8.9 per cent drop in July, the imports slumped 14.3 per cent to 836.1 billion yuan, compared with July's decrease of 8.6 per cent.
