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USD TO CHINESE YUAN
Dollar firms as oil climbs, bond rout saps risk appetiteThe dollar strengthened globally on Monday, fueled by rising oil prices due to Middle East tensions and a bond market selloff that dampened...- Not just US dollar, Indian rupee has tanked up to 25% across 9 major currencies in 1 yearThe Indian rupee has seen a significant decline against most global currencies, not just the US dollar. This broad-based weakness is driven...
- Rupee falls to 94.86 per USD as modest inflows, oil prices retreatThe Indian Rupee traded within a tight band today. Modest dollar inflows and falling oil prices provided support. However, importers active...
- The dollar is dead, long live the dollar!Wars have shaped the US dollar's global power. From financing conflicts to becoming the reserve currency, its reign was cemented by agreeme...
- U.S Dollar today: Why is USD down against Euro, Chinese Yuan, top currencies?U.S. dollar index was last down 0.11 per cent at 98.84, with the euro up 0.15 per cent at $1.1643.
- Government subsidies in China boost digital product sales to $20 bn in four monthsChina's government subsidies aimed at boosting domestic consumption have spurred significant sales in digital products, reaching nearly USD...
- Cash-strapped Pakistan seeks additional 10 billion yuan loan from China: ReportPakistan has asked China for an additional 10 billion yuan loan. The country has already used its current 30 billion yuan trade facility. T...
- Rupee falls to near 2-month low on dollar strength, falling yuanThe Indian rupee fell against the dollar on Thursday, tracking a slump in the Chinese yuan. The rupee closed down 0.26% at 82.60 against th...
- Asian stocks edge up, dollar restrained before CPIA soft number might revive speculation the Federal Reserve will only hike by 50 basis points this month, though it would likely have to be ...
- China pares back holdings of U.S. Treasuries for 7th monthChina later announced it was halting dialogue with the United States in a number of areas, including between theater-level military command...
- Long bets on yuan near six-month high; ringgit bears firmAfter turning bearish on several units last month, market participants were now long on Singapore dollar, the Taiwanese dollar and the Sout...
- View: Strong dollar, weak yuan to weigh on rupeeStrong dollar and weak Chinese yuan is a deadly potent for the domestic currency.
- Alibaba founder Jack Ma reclaims top spot among Chinese billionairesMa, 54, who last month made surprise announcement of his retirement as the executive chairman of the USD 420 billion e-commerce giant, has ...
- Pakistan central bank allows yuan-based trade with ChinaThe adoption means that Pakistan and China would be able to replace the US dollar for transactions in CPEC projects.
- China signals change of course on its currency policyFor the first time in an annual government report, China included the requirement to ensure the stable global status of yuan as one of its ...
- Tibet is now in its golden age, benefiting from policy of regional ethnic autonomy: ChinaChina today claimed that the remote Himalayan region is "now in its golden age," benefiting from its policy of regional ethnic autonomy.
- Bank balancesheets to grow 10-fold by 2020 to $10 trillion: McKinseyThe balancesheets of the domestic banks will grow tenfold to $10 trillion by the turn of the next decade, according to McKinsey & Company.
- Chinese firms raise $154.8 bn from A-share mkts last yearChinese capital markets have developed rapidly since 2005 when China launched a reform on non-tradable shares to improve market liquidity.
- China's super rich to grow by 16 per cent: ReportThough China is now tightening its monetary policy, the easing in Western nations may still see money and credit flooding to China's market...
- China asserts yuan stable;worried about of $770 bn US bondsRejecting the American demand for letting its currency yuan rise against the dollar, China today expressed apprehension over the safety of ...
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