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Russia’s exclusion from SWIFT an opportunity for China to internationalise RMBRussia tried to find ways to minimise the bite of sanctions. Russian businesses are using RMB to settle more of their trade. They are also ...20 Jan, 2023, 08.37 AM IST- China's yuan inches higher, GDP data caps gainsChina's economy grew less robustly than expected in the second quarter, as slowing manufacturing activity, higher raw material costs and ne...15 Jul, 2021, 12.12 PM IST
- India launches 3rd IT corridor in ChinaThe National Association of Software and Services Companies (NASSCOM) entered into a partnership with China's Xuzhou city from Jiangsu Prov...08 Mar, 2019, 05.24 PM IST
- China pumps $109 billion into economy as trade war against US bites on growthChina has cut deposit rates to enable banks to release 1.2 trillion-yuan cash for additional lending07 Oct, 2018, 06.06 PM IST
- Chinese Premier says no intention of devaluing yuanChinese Premier Li Keqiang said that his country will continue to push forward reform of its exchange rate formation mechanism.15 Mar, 2017, 04.21 PM IST
- China asks Donald Trump to desist from trade, currency warsChinese official media has been projecting that Trump may resort to trade and currency wars against China to prop up American economy.24 Jan, 2017, 09.18 PM IST
- Beijing picks London for first yuan-bond outside ChinaBeijing issued a bond worth 3.0 billion renminbi (RMB) (USD 460 million, 400 millions euros), the Treasury said in a statement.27 May, 2016, 02.50 AM IST
- Rupee falls below 65/$ and can slip further, but market need not worry: ExpertsAccording to experts, further weakness by up to 50 paise cannot be ruled out and that could happen in the next 3-6 months.13 Aug, 2015, 04.12 PM IST
- China's currency Renminbi to become fourth most-used currency: ReportRMB is now the world's second trade-finance currency, fifth payment currency, and sixth foreign-exchange currency, said a report.20 Jul, 2015, 03.33 PM 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's RMB swiftly developing as major world currency: ReportChina renminbi is on track to become the third-largest international currency behind US dollar & euro within % yrs as the eastern nation ac...21 Jul, 2014, 11.48 AM 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
- Christie's completes its first auction in mainland China"Christie's inaugural auction in Shanghai has been an unforgettable milestone in our 247 year history," said Jinqing Cai, managing director...27 Sep, 2013, 06.08 PM IST
- RBI extends refinancing rupee loans by telecom companies to March 2014Further, the RBI also extended the scheme of availing of ECB for working capital for civil aviation sector till December 31, 2013.25 Jun, 2013, 10.39 PM IST
- Anil Ambani for boosting Rupee-RMB-Dollar tradeAnil Ambani said business leaders from India and China should enhance Rupee-RMB-Dollar trade for furthering co-operation between the two na...20 May, 2013, 07.32 PM IST
- HSBC issues first RMB documentary credit in IndiaHSBC has issued its first renminbi (RMB) denominated Documentary Credit (DC) in India for a Mumbai-based pharmaceuticals company.28 Sep, 2012, 12.44 PM IST
- India being hurt by undervalued yuan: RBIChina's policy to keep its currency artificially undervalued gives it a huge economic advantage and impacts India's trade, says a research ...02 Apr, 2011, 07.53 PM IST
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