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RMB EXCHANGE RATE
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...19 Sep, 2022, 03.03 PM IST- 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 6.9995.15 Sep, 2022, 05.57 PM IST
- 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...25 Oct, 2020, 08.59 AM IST
- 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.15 Mar, 2017, 04.21 PM IST
- 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...26 May, 2016, 02.08 PM IST
- 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...17 Apr, 2016, 02.35 AM IST
- 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...01 Dec, 2015, 03.17 PM IST
- 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.20 Oct, 2015, 10.39 AM IST
- 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...16 Oct, 2014, 01.32 PM IST
- 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...03 Jul, 2014, 06.58 PM IST
- 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...16 Apr, 2014, 08.42 AM IST
- 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 ...11 Apr, 2011, 01.48 AM IST
- 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.'15 Mar, 2011, 07.27 AM IST
- 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...14 Mar, 2011, 02.25 PM IST
- 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...23 Jun, 2010, 03.08 AM IST
- 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.20 Jun, 2010, 08.42 PM IST
- 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...30 Jan, 2008, 09.41 PM IST
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