Jan 12, 2016 at 22:20 | Source: PTI
Continuing to open up its currency market to foreign entities, the second batch of foreign central banks and similar institutions have now been allowed after they completed the registration process with the China Foreign Exchange Trading System (CFETS)
Jan 12, 2016 at 17:03 | Source: Reuters
Six central banks and international financial institutions, including Reserve Bank of India (RBI), Monetary Authority of Singapore and Bank of International Settlements, are now allowed to trade spot products, forwards, swaps, currency swaps and options in China's domestic foreign exchange market, it said.
Dec 01, 2015 at 19:04 | Source: Reuters
To meet the IMFs criteria, Beijing has undertaken a flurry of reforms in recent months, including better access for foreigners to Chinese currency markets, more frequent debt issuance and expanded yuan trading hours.
Nov 26, 2015 at 09:55 | Source: PTI
They will be allowed to conduct renminbi and foreign exchange trading of one or more traded forex products, including spots, forwards, swaps and options, Xinhua added. China, the world's second largest economy, is pushing to give its yuan currency, also known as the renminbi, the status of a world currency.
Nov 13, 2015 at 11:50 | Source: PTI
The rupee resumed higher at 66.18 per dollar as against the 66.31 per dollar the Interbank Foreign Exchange (Forex) market on last Tuesday and firmed up further to 66.1050 per dollar before quoting 66.13 per dollar at 1100 hrs, showing a gain of 18 paise. It moved in a range of 66.11 per dollar and 66.23 per dollar during the morning trades.
Oct 27, 2015 at 12:21 | Source: PTI
The rupee resumed lower at 64.97 per dollar as against the previous closing level of 64.96 per dollar at the Interbank Foreign Exchange (Forex) Market and moved down further to 64.9950 on initial dollar demand from banks and importers.
Oct 20, 2015 at 11:16 | Source: PTI
The Indian rupee opened sharply lower at 64.95 as against yesterday's level of 64.80 at the Interbank Foreign Exchange (forex) market. It hovered in the range of 64.97 to 64.90 during the morning deals before quoting 64.90 at 1030 hours.
Oct 07, 2015 at 11:08 | Source: PTI
The dollar index currently trades down by 0.01 percent at 95.45 as against a basket of six currencies. The dollar weakened against major currencies yesterday as expectations of a Fed rate hike before year-end ebbed.
Oct 05, 2015 at 11:16 | Source: PTI
The dollar index currently trading down by 0.10 percent at 95.81 as against a basket of six currencies. In the overseas markets, the dollar slipped against a basket of currencies after weak US jobs data led traders to pare bets that the Fed was poised to hike interest rates as early as this month.
Sep 10, 2015 at 18:39 | Source: PTI
The domestic unit resumed lower at 66.72 as against yesterday's closing level of 66.41 at the Interbank Foreign Exchange (Forex) market and fell further to 66.76 on initial dollar demand from banks and importers.