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China to start paying for Russian gas in roubles, yuan

September 06, 2022 7:21 pm

Russia has been forging closer economic ties with China and other non-Western countries, in particular as new markets for its vital hydrocarbon exports.

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China’s digital currency experiment, and its lessons for India

May 09, 2020 1:48 pm

Digital monies won’t crumble dollar-dominant financial ecosystem, but the idea is something India can positively build on

China sets yuan mid-point below key 7 per dollar for first time since 2008

As Chinese currency's declines, it’s not all Beijing’s doing

August 28, 2019 9:34 am

Since the Trump administration began to talk of imposing tariffs on Chinese exports in early 2018, the currency is down roughly 10%. The drop has picked up speed in August, with the yuan down about 4%.

China's yuan down as US imposes fresh trade sanctions; stocks steady

September 18, 2018 9:57 am

US President Donald Trump on Monday imposed 10 per cent tariffs on about $200 billion worth of Chinese imports, and threatened to levy duties on about $267 billion of additional Chinese goods if Beijing retaliates.

Chinese stocks, yuan down as US trade tariffs kick in

July 06, 2018 1:38 pm

The United States imposed tariffs on $34 billion of Chinese imports at 0401 GMT. Beijing has promised to retaliate in kind.

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China's yuan edges up on stronger fixing, vulnerable dollar

January 23, 2018 10:50 am

Some market participants said they were monitoring the outcome of the European Central Bank's meeting on Thursday for possible clues to future shifts in it monetary policy, which was expected to bring some volatility to major currencies.

Pakistan central bank allows yuan-based trade with China

January 03, 2018 1:44 pm

The SBP has already put in place the required regulatory framework which facilitates the use of yuan in trade and investment transactions such as opening of letter of credits (LCs) and availing of financing facilities in yuan, the report said.

China's yuan firms on offshore liquidity squeeze

November 22, 2017 10:41 am

Offshore one-year non-deliverable forwards contracts (NDFs), considered the best available proxy for forward-looking market expectations of the yuan's value, traded at 6.7745, 2.15 percent weaker than the midpoint.

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Yuan weakens slightly as dollar shows signs of stability in Asian trade

May 12, 2016 10:40 am

The dollar index slumped 0.5 per cent against a basket of major global currencies on Wednesday, pushing the yuan sharply stronger in the Chinese market's evening trade.

China economy: Timeline of Chinese stock market slide

August 26, 2015 9:25 am

A timeline of the decline of China's main stock market index from its June 12 peak and government efforts to shore up prices.

YUAN VIDEOS

China seems to be moving towards market linked pricing of the Yuan: Shaktikanta Das

January 07, 2016 10:27 am

New Delhi, Jan 07 (ANI): Economic Affairs Secretary Shaktikanta Das on Thursday said the new normal in global economy is uncertainty. He said that China seems to be moving towards market linked pricing of the Yuan. He also stated that YMF has accepted Yuan as a reserved currency. China devalued the Yuan in a move that rippled through global markets. As policy makers stepped up efforts to support exporters and boost the role of market pricing in Asia’s largest economy.