Page 5 of Yuan

What’s behind the China’s yuan devaluation

The risk the Chinese economy, the world’s second-biggest, is weakening even faster than expected.

August 13, 2015 11:51 IST

Indian rupee plunges to 2-year low of 65.10 on yuan woes

The rupee recovered 14 paise to 64.64 against the US dollar in early trade on Thursday on fresh selling of…

Updated: August 13, 2015 19:07 IST

China central bank says no basis for further yuan depreciation, will monitor cross-border flows

China’s yuan fell for a third day on Thursday, after the PBOC shocked markets by pushing its official guidance rate…

August 13, 2015 08:45 IST

Asian shares gain on hopes China slowing yuan descent

The People’s Bank of China set its midpoint rate at 6.4010 per dollar prior to market open, weaker than the…

August 13, 2015 08:29 IST

Indian rupee stronger against others, likely to keep exports under pressure

With rupee being one of the strongest currencies over the last few months, India has seen a decline in its…

Updated: August 13, 2015 07:23 IST

China joins currency party, ‘Market-oriented’ yuan spells more trouble for India

For India, the timing couldn’t have been worse since this will make Chinese exports to India even more competitive and,…

Updated: August 12, 2015 15:32 IST

World economies including India must take note of yuan devaluation: CEA

World economies, including India, will have to take note of Chinese currency devaluation designed to avert slowdown in its economy…

August 12, 2015 13:12 IST

Chinese currency devaluation appears a welcome step: IMF

China devalued its tightly-controlled currency on Tuesday by two per cent, the biggest one-day fall since a massive devaluation in…

Updated: August 12, 2015 12:33 IST

Full text of IMF statement on China’s yuan announcement

Following is the full text of a statement by the International Monetary Fund.

August 12, 2015 09:40 IST

Sensex closes 354 points down at 27,512, Nifty closes below 8,400; realty stocks crash 5.4%

The BSE Sensex and NSE Nifty closed 353.83 points and 108.55 points down at 27,512.26 and 8353.80, respectively.

Updated: August 12, 2015 16:36 IST

China lets yuan fall further, fuels fears of currency war

China’s yuan hit a four-year low on Wednesday, slipping further a day after authorities devalued the yuan in a move…

Updated: August 12, 2015 14:20 IST

Too early to judge Chinese Yuan devaluation: US

A day after China devalued its tightly-controlled currency by two per cent, the US has said it is too early…

August 12, 2015 09:13 IST

China devalues yuan and rattles India Inc

May force steps to protect local industry, exporters

Updated: August 12, 2015 16:05 IST

Yuan devaluation to hit Indian exporters, rupee to remain under pressure

China decided on Tuesday to devalue yuan by 2 per cent against the dollar following a slump in trade, triggering…

Updated: August 11, 2015 17:25 IST

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Range balls vs real balls

Sports2 hr ago

Golfers experience a stark contrast between their performance on the driving range and on the course. This is due to the forgiving range balls and the unforgiving real balls. To improve, golfers should use the range with intention and embrace the challenges of playing with real balls.

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