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YUAN NEWS

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.

Contract 10.3% in July: Exports slip for 8th straight month on fall in global demand

August 15, 2015 2:55 am

Imports also contracted 10.28% to $35.94 bn as against $40.06 bn in July 2014

Yuan impact: Rupee plunges to two-year low

August 13, 2015 1:28 am

Other emerging market currencies also hammered on fears of ‘currency war’, Sensex falls 354 points.

What yuan devaluation means for China, other countries

August 12, 2015 9:29 am

The yuan's value declined 1.9 percent on Tuesday, its biggest one-day drop in a decade, and dropped a further 1.6 percent on Wednesday.

Cheaper imports to rise: Devaluation of yuan by China to hit India’s exports

August 12, 2015 2:13 am

China devalued the yuan on Tuesday after a run of poor economic data, guiding the currency to its lowest point in almost three years.

Yuan devaluation to hit India's exports

August 11, 2015 3:00 pm

While the Sensex at the BSE was trading around 200 points lower at below 28,000 mark, several India companies that are impacted by Chinese exports are under pressure too.

China's yuan slides in value after Beijing alters controls

August 11, 2015 9:45 am

The central bank said the yuan's 1.3 percent fall was due to a change aimed at making its exchange rate controls more market-oriented.

Yuan hits record high against dollar

June 08, 2011 9:29 am

The yuan hit a record high as the People's Bank of China fixed another all-time high mid-point.

Dollar falls,China loses $271 bn

May 06, 2011 11:23 am

China is set to loose another $578.6 bn due to steady depreciation of dollar vis-a-vis yuan.

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.

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