Moneycontrol

Budget 2021

Associate Partners:

  • SMC
  • Samsung
  • Volvo

Moneycontrol

Budget 2021

Associate Partners:

  • SMCSamsungVolvo
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406 Results Found
  • China’s economy surges, and so does its currency Jan 13, 2021 03:53 PM IST

    China’s economy surges, and so does its currency

    The stronger renminbi has implications for companies that make stuff in China, which are a pretty big group

  • China comfortable with yuan rises for now as economy recovers, sources say Dec 04, 2020 05:04 PM IST

    China comfortable with yuan rises for now as economy recovers, sources say

    Amid broad expectations for further yuan gains and more prolonged weakness in the dollar, the PBOC's acceptance of the currency's rise runs counter to recent market speculation that the bank might take steps to stabilise the rising yuan.

  • China’s political adventurism will economically hit Hong Kong Jul 06, 2020 12:32 PM IST

    China’s political adventurism will economically hit Hong Kong

    Does Hong Kong remain a dream destination for global capital, manufacturing, and services? Probably the large-scale protests, layoffs, and Sinification of Hong Kong hold the answer

  • China's central bank conducting tests of digital yuan payment system Apr 21, 2020 10:40 AM IST

    China's central bank conducting tests of digital yuan payment system

    China's central bank is conducting tests of a digital yuan payment system in four cities across the country on Tuesday.

  • Yuan wobbles, yen holds firm as traders count damage from China virus Jan 28, 2020 08:50 AM IST

    Yuan wobbles, yen holds firm as traders count damage from China virus

    The Japanese yen, considered a safe-haven, traded near a three-week high versus the dollar as investors nervously watched the death toll from the virus climb to more than 100.

  • Yen gains, yuan skids as China coronavirus fears grow amid rising death toll Jan 27, 2020 09:04 AM IST

    Yen gains, yuan skids as China coronavirus fears grow amid rising death toll

    Japan's currency, often sought as a safe-haven in times of uncertainty, rose to the highest in almost three weeks versus the dollar, while the Chinese yuan fell to its lowest since January 8

  • China's digital currency will kick off 'horse race': Central bank official Nov 06, 2019 10:42 AM IST

    China's digital currency will kick off 'horse race': Central bank official

    China is preparing to be the first country to roll out a digitised domestic currency, a development that is being closely watched by the world's financial services industries, though few details are currently available.

  • Cross-border yuan usage jumps 20% in January-September on capital market opening: Central banker Nov 06, 2019 07:56 AM IST

    Cross-border yuan usage jumps 20% in January-September on capital market opening: Central banker

    About 6 trillion yuan of cross-border yuan payment was for securities investment, thanks to China's accelerated opening of its capital markets, Huo Yingli, director of macroprudential policy bureau at the People's Bank of China told a conference in Shanghai.

  • China lifts yuan midpoint to strongest level in over two months Oct 29, 2019 08:40 AM IST

    China lifts yuan midpoint to strongest level in over two months

    The People's Bank of China (PBOC) set the midpoint rate at 7.0617 per dollar prior to the market open, 145 pips or 0.2% firmer than the previous fix of 7.0762 and the strongest since Aug.26.

  • Dollar dips, yuan rebounds as trade talk views twist and turn Oct 10, 2019 11:36 AM IST

    Dollar dips, yuan rebounds as trade talk views twist and turn

    The dollar dropped more than 0.2% on the euro and the pound, and was 0.1% weaker against a basket of major currencies at 98.995.

  • 'A break below 72.90/$ could push rupee to a new all time low' Aug 27, 2019 11:59 AM IST

    'A break below 72.90/$ could push rupee to a new all time low'

    The level of 72.90 is a crucial resistance for the USD/INR pair, break of which could push it to a new all-time high.

  • Yuan at right level, disorderly capital flows unlikely: China's central bank official Aug 13, 2019 01:35 PM IST

    Yuan at right level, disorderly capital flows unlikely: China's central bank official

    China is confident that the yuan will be a "strong currency" over the medium and long term, Zhu Jun said.

  • All you want to know about the US-China currency war that may not be Aug 07, 2019 09:44 AM IST

    All you want to know about the US-China currency war that may not be

    It is believed that the Chinese central bank deliberately allowed the currency to fall in response to the ongoing US-China trade war.

  • Rupee spooked by yuan, US-China trade war could snowball into a currency war Aug 06, 2019 11:47 AM IST

    Rupee spooked by yuan, US-China trade war could snowball into a currency war

    The Yuan has broken a key psychological level and unless the PBoC chooses the stability of capital markets over the pain in the real economy as a result of tariffs, moves lower in USD/CNH are likely to be short-lived.

  • A crisis of confidence in market is what government needs to address Aug 05, 2019 12:06 PM IST

    A crisis of confidence in market is what government needs to address

    The government needs to signal to the business community that they are collaborators in India’s growth

  • China is confident of keeping yuan basically stable: FX regulator Jun 13, 2019 12:03 PM IST

    China is confident of keeping yuan basically stable: FX regulator

    Pan Gongsheng, head of the State Administration of Foreign Exchange, said at a financial forum in Shanghai on June 13 that the country's FX market is largely stable with FX reserves steadily rising.

  • Far from 'devalued', euro surges as trade war hits yuan Jun 12, 2019 09:11 PM IST

    Far from 'devalued', euro surges as trade war hits yuan

    Since Trump took office in early 2017 the index, which measures the euro's weighted average against a basket of the bloc's 19 main trading partners, has risen 4%.

  • Yuan edges up as US eases restrictions on Huawei May 21, 2019 12:15 PM IST

    Yuan edges up as US eases restrictions on Huawei

    The US government on May 20 allowed Huawei Technologies Co Ltd to purchase American-made goods in order to maintain existing networks and provide software updates to existing Huawei handsets until August 19.

  • China central bank says to maintain prudent monetary policy, keep yuan stable Dec 27, 2018 02:27 PM IST

    China central bank says to maintain prudent monetary policy, keep yuan stable

    On its website, following a quarterly meeting of its monetary policy committee, the People's Bank of China (PBOC) said it will make monetary policy more forward-looking, flexible and targeted.

  • China's yuan hits decade low on trade, economy fears Oct 30, 2018 03:53 PM IST

    China's yuan hits decade low on trade, economy fears

    Breaking 7 could further undermine market confidence and potentially trigger fresh US accusations that China was allowing the yuan to weaken to blunt the impact of tariffs that Washington has imposed on Chinese goods.

  • IMF chief economist Maurice Obstfeld not concerned about China's ability to defend currency Oct 09, 2018 09:26 AM IST

    IMF chief economist Maurice Obstfeld not concerned about China's ability to defend currency

    "No, I don't think it's a problem," Obstfeld said, when asked about the issue on the sidelines of a news conference at the IMF and World Bank annual meetings in Bali.

  • Faced with trade war risk, yuan to manage only modest rise: Poll Sep 06, 2018 11:26 AM IST

    Faced with trade war risk, yuan to manage only modest rise: Poll

    Trading in the partly-managed yuan, which has lost about 5 percent since the start of the year, was volatile this week amid threats that US President Donald Trump could impose additional tariffs on Chinese goods worth $200 billion.

  • Gold steady as dollar softens versus stabilising yuan Aug 08, 2018 08:20 AM IST

    Gold steady as dollar softens versus stabilising yuan

    Spot gold was unchanged at $1,210.91 an ounce at 0043 GMT, after rising 0.4 percent in the previous session.

  • How a currency war can help China neutralise US tariffs Jul 27, 2018 10:21 AM IST

    How a currency war can help China neutralise US tariffs

    China is the biggest export economy in the world. By allowing its currency to depreciate, Chinese goods will become cheaper in foreign markets.

  • IMF official says 'no evidence' China manipulating currency Jul 24, 2018 09:37 PM IST

    IMF official says 'no evidence' China manipulating currency

    China was included on the Treasury's currency watch list because "it constitutes a disproportionate share of the overall US trade deficit,".

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