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RMB EXCHANGE RATE
Kailash Mansarovar Yatra deadline: Check important dates, new prices and other detailsThe Ministry of External Affairs has announced the registration for the 2026 Kailash Mansarovar Yatra is open until May 19. Devotees must m...- Kailash Mansarovar Yatra 2026 registration opens; Check dates, routes, eligibility, selection process & fees to visit 'the abode of Shiva'Kailash Mansarovar Yatra 2026 dates: Registration for Kailash Mansarovar Yatra 2026 has started. Pilgrims can apply online till May 19 for ...
- ₹upee, a ₹eality checkIndia is taking small steps to make the rupee a global currency. This aims to reduce dollar reliance and boost trade. However, past example...
- China's yuan ends at new 26-month low in busy week for global cenbank meetingsHowever, the official guidance came in firmer than market projections, traders and analysts said, continuing a trend seen since late August...
- China's offshore yuan falls to two-year low of 7 per dollarThe dollar reached as high as 7.0188 yuan in offshore trade, its highest since July 2020, and was last up 0.35% at 6.9995.
- China reconsiders global strategy for YuanThe yuan rallied to the strongest in more than two years earlier this week, aided by dollar weakness and China’s economic recovery from the...
- Chinese Premier says no intention of devaluing yuanChinese Premier Li Keqiang said that his country will continue to push forward reform of its exchange rate formation mechanism.
- Renminbi adoption improves across IndiaRecently released SWIFT data shows that India’s use of (Renminbi) RMB for payments by value with China and Hong Kong is on the rise, but th...
- No basis for 'further depreciation' of currency: ChinaChina said there is no basis for "further depreciation" of its currency but asserted that it would continue to pursue market-based exchange...
- China welcomes yuan inclusion as reserve currency in SDR basketChina welcomed the IMF's decision to include yuan as its fifth reserve currency but dismissed concerns over depreciation amid economic slow...
- US softens stance on China's currency saying yuan remains below 'medium-term valuation'The department said it is monitoring how Beijing implements its new exchange-rate policy since the August 11 devaluation.
- Chinese currency significantly undervalued: US reportThe report, warns China to stop its "frequent interventions" in the currency market and allow its currency, RMB or Yuan, to rise in value a...
- China permits banks to set their own RMB-USD exchange ratesChina will allow banks to set their own exchange rates for the renminbi (RMB) against the US dollar with clients, a further step in the lib...
- China needs to disclose foreign exchange market intervention: USThe RMB's recent depreciation underlines the importance of a significant increase in the transparency of China's actions in the foreign exc...
- China reports first quarterly trade deficit in six yearsChina's exports increased by 26.5% year on year to $399.64 billion in the first three months this year but imports soared 32.6% to $400.66 ...
- China will stick to Gradual Appreciation of Yuan: Wen'We will continue to stick to the reform of the formation mechanism of the RMB exchange rate.'
- China will stick to gradual appreciation of yuan: WenBrushing aside the US demand to allow faster appreciation of the yuan, Chinese Premier Wen Jiabao today said China will stick to its policy...
- ET in the classroom: China's yuan moveA more flexible yuan caused markets to rally sharply. But doubts over the speed of changes and lack of details have made investors cautious...
- China's central bank says no one-off adjustment in currencyChina's central bank today ruled out a one-off adjustment in the its tightly-controlled exchange rate.
- US urges China to step up currency reformThe United States on Wednesday praised China's efforts to allow its yuan currency to appreciate to better reflect the strength of the Chine...
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