Search For "chinese yuan"
Chinese yuan faces increased risk after trump's return to White House: Rep
Updated : 1 year, 4 months ago IST
A significant drop in the yuan could send a negative signal to global investors, suggesting deeper problems in China's economy,
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Pakistan requests China to increase currency swap agreement limit to 40 bi
Updated : 1 year, 5 months ago IST
Pakistan Finance Minister Muhammad Aurangzeb has requested the Chinese government to raise the limits of the currency swap agreement to CNY 40 billion, according to ARY News on Saturday.
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Indian rupee depreciated marginally last quarter, long term outlook positi
Updated : 1 year, 5 months ago IST
The Indian rupee faced strong competition in the last quarter from other major Asian currencies, particularly Japan's yen and the Chinese yuan.
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Chinese man indicted for illegally entering Taiwan via speedboat
Updated : 1 year, 7 months ago IST
The Chinese national, who claimed he was unable to leave China due to online speech issues, purchased a speedboat for 36,000 Chinese yuan (approximately USD 5,036) at Sandu'ao port in Ningde, Fujian Province, on June 8.
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China maintains defence budget growth despite economic travails
Updated : 2 years ago IST
Indeed, according to figures released on the opening day of the Second Annual Session of this formal gathering of China's political leaders, the 2024 defense budget will rise 7.2 per cent to Chinese Yuan (CNY) 1.66554 trillion, which equates to USD 231.4 billion.
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China’s economic slowdown alarms international leaders, investors: Report
Updated : 2 years, 6 months ago IST
For the first time in decades, the world’s second economy is itself in problem.
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China's stocks hit nine-month lows as Chinese yuan weakens
Updated : 2 years, 7 months ago IST
As China's currency continues to weaken, Chinese stocks hit nine-month lows and the yuan tumbled on Monday as the authorities' efforts to revive demand failed to inspire investors, reported Channel News Asia.
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Chinese yuan weakens to 7.2258 against US dollar
Updated : 2 years, 8 months ago IST
In China's spot foreign exchange market, the yuan is allowed to rise or fall by two per cent from the central parity rate each trading day.
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Falling yuan jitters Chinese government: Analysis
Updated : 2 years, 9 months ago IST
The tightly controlled Chinese yuan has crossed the closely scrutinised 7-per-dollar level and fallen to multi-month lows.
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Indonesia becomes more reliant on China, likely to face Sri Lanka-type deb
Updated : 2 years, 10 months ago IST
Indonesia, the largest economy in Southeast Asia has grown its debt to China over time and used more Chinese yuan in its international trade. Indonesia will find it more challenging to fend off China's escalating aggression in the South China Sea as it becomes more dependent on China, Nepal-
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US dollar gains strength as Chinese Yuan depreciates amid its shrinking ec
Updated : 3 years, 1 month ago IST
Notably, in the wake of the Covid-19 pandemic, people see the dollar as the safe place to put their money in, avoiding risks; not the Chinese Yuan.
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China's falling yuan worries Xi Jinping ahead of 20th National Congress
Updated : 3 years, 5 months ago IST
Beijing [China], October 2 (ANI): Ahead of the 20th National Congress later this month, the fall of the yuan, also known as the Renminbi, is embarrassing for China which always boasts of a strong yuan as evidence of its economic stability.
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