Yuan fall fuels fears of currency war
August 13, 2015
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Business

Yuan fall fuels fears of currency war

“The sudden move on the part of China to devalue its currency yuan will have…

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US, world stocks steady as China soothes yuan weakness fears
August 13, 2015
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Business

US, world stocks steady as China soothes yuan weakness fears

Another drop in China’s currency shook markets around the world for a second straight day…

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China Devalues Yuan For Third Time In Three Days
August 13, 2015
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Sports

China Devalues Yuan For Third Time In Three Days

China’s currency extended its loss in value on Wednesday, a day after the central bank’s…

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China allows its currency to drop for a third day
August 13, 2015
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Business

China allows its currency to drop for a third day

Sources told Reuters that the move to devalue the yuan reflects a growing clamour within…

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China allows yuan currency to drop for third day
August 13, 2015
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Business

China allows yuan currency to drop for third day

Beijing broadly has stuck to its commitment to set the yuan’s daily reference exchange rate…

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China tries to quell fears of more big devaluations
August 13, 2015
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Business

China tries to quell fears of more big devaluations

With the bank having said that Tuesday’s move was a “one-off depreciation”, the rapid drop…

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Yuan falls to 4-year low in Wednesday trading
August 13, 2015
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Business

Yuan falls to 4-year low in Wednesday trading

PBoC’s Deputy Governor Yi also said there was “no basis for a persistent weakening in…

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China rushes to calm fears over plunging yuan
August 13, 2015
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Business

China rushes to calm fears over plunging yuan

“This action is both an endeavour to make the yuan more plausible, credible candidate to…

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International Monetary Fund Welcomes China’s New Yuan Mechanism, No Impact on SDR Push
August 13, 2015
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Business

International Monetary Fund Welcomes China’s New Yuan Mechanism, No Impact on SDR Push

But the rate will now be based on overnight global market developments and how the…

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China central bank says no basis for further yuan depreciation, will monitor
August 13, 2015
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Business

China central bank says no basis for further yuan depreciation, will monitor

Mumbai, August 12: China’s move to devalue its currency took its toll on the rupee…

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