Showing 11 results for 'Chinese currency'
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Following a volatile first week of the year, the Shanghai Composite closed two percent higher on Friday (January 8). Trading in China’s markets has
The IMF has accepted the Chinese yuan into the club of elite currencies. IMF set to put yuan in reserve currency basket https://t.co/h7quutjx6y
China is looking to have the yuan added to the IMF special basket of currencies to make to it more attractive to investors. China's yuan is joining
The Chinese yuan is set to be included in the IMF’s benchmark currency basket, according to reports. Sources say a draft report by International
China’s foreign currency reserves suffered their largest monthly fall on record in August. It’s the result of heavy intervention by the central bank
In this edition of Business Middle East, we analyse the turbulence engulfing global markets. Signs of an economic slowdown in China are stacking up
One week after the People’s Bank of China devalued the yuan Business Middle East focuses on reactions to the central bank’s latest action which was
Global oversupply, huge stockpiles and refinery shutdowns have led to plunging prices for US crude oil. It tumbled by 3 percent on Thursday and by
Britain’s top equity index the FTSE 100 ended flat as easing concerns over China’s economy helped to offset the impact of falling oil prices.
Another day and another chance for China’s central bank to lower the guiding rate for the yuan. It is the third consecutive time the bank has taken
China started devaluing its tightly controlled currency this week. Following the decision in the world’s second biggest economy, we focus on