Rupee Posts Biggest Gain in 2015 on China Rate Cut
August 25, 2015
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Business

Rupee Posts Biggest Gain in 2015 on China Rate Cut

Riding on global currency volatility wave, the rupee on Friday plummeted sharply by 29 paise…

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Rupee falls against US dollar; hits fresh 2-year low
August 25, 2015
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Business

Rupee falls against US dollar; hits fresh 2-year low

“If the rupee trades at 68-70 per dollar on a sustained basis, it may reduce…

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Rupee tumbles 82 paise to breach 66-level against United States dollars
August 24, 2015
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World

Rupee tumbles 82 paise to breach 66-level against United States dollars

The rupee weakened on the news that China devalued its yuan by about 2 percent.

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Yuan devaluation impacting China diamond market
August 22, 2015
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Business

Yuan devaluation impacting China diamond market

The mismatch between their foreign currency liabilities and yuan-denominated revenues means interest expenses and principal…

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People’s Bank of China (PBOC) sets yuan reference rate at 6.3915
August 21, 2015
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Business

People’s Bank of China (PBOC) sets yuan reference rate at 6.3915

The People’s Bank of China (PBOC), the central bank, pumped 120 billion yuan (18 billion…

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