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Page 4 - Yuan

JD.com becomes first online platform to accept China's digital currency

JD Digits, the company's fintech arm, will accept digital yuan as payment for some products on its online mall

JD.com becomes first online platform to accept China's digital currency
Updated On : 05 Dec 2020 | 3:25 PM IST

Aim long term for a strong currency

Strong currencies reflect strong economies

Aim long term for a strong currency
Updated On : 02 Dec 2020 | 11:10 PM IST

China set to sell its first negative-yielding government bond worth $887 mn

The three-part deal also consisted of a 2 billion euro 10-year bond priced at 55 bps over the mid-swap rate

China set to sell its first negative-yielding government bond worth $887 mn
Updated On : 19 Nov 2020 | 8:14 AM IST

China gears up to strengthen the Yuan in a world without Donald Trump

Over the past two years, China's currency has been whipsawed by volatile geopolitics, while traditional valuation metrics went to backburner

China gears up to strengthen the Yuan in a world without Donald Trump
Updated On : 02 Nov 2020 | 9:25 AM IST

China is reconsidering its global strategy for yuan, says official

Hurdles for yuan's internationalisation to be removed; move to ensure steady liberalisation of capital account

China is reconsidering its global strategy for yuan, says official
Updated On : 26 Oct 2020 | 1:30 AM IST

China's central bank conducting tests of digital yuan payment in 4 cities

The DC/EP system remains in a period of research and development, and that the pilots do not mean the PBOC has officially issued digital yuan

China's central bank conducting tests of digital yuan payment in 4 cities
Updated On : 21 Apr 2020 | 11:11 AM IST

Corona calamity: The role of China's cheerleaders

By including the yuan in its basket of leading currencies, the IMF gave China a legitimacy it did not deserve

Corona calamity: The role of China's cheerleaders
Updated On : 29 Mar 2020 | 11:52 PM IST

China's own Bitcoin: A roller-coaster ride for money, politics is beginning

The digital yuan can disrupt both traditional banking and the post-Bretton Woods system of floating exchange rates.

China's own Bitcoin: A roller-coaster ride for money, politics is beginning
Updated On : 30 Dec 2019 | 8:04 AM IST

Rupee at nine-month low, tracking fall in yuan; Sensex crashes 776 pts

Bank treasuries, and perhaps the RBI are closely tracking the yuan movement, and are devising strategies accordingly

Rupee at nine-month low, tracking fall in yuan; Sensex crashes 776 pts
Updated On : 03 Sep 2019 | 9:24 PM IST

Why this August was a particularly bad month for emerging-market investors

Argentina imploded. Beijing let the yuan slip to the lowest in at least a decade. Global central banks signaled they're spooked about slowing growth by rushing to cut rates

Why this August was a particularly bad month for emerging-market investors
Updated On : 31 Aug 2019 | 9:02 AM IST

Beijing steadies yuan after US labels China a currency manipulator

Early in Asian trading hours, US Treasury Secretary Steven Mnuchin said Washington would designate China a currency manipulator, its first such move since 1994

Beijing steadies yuan after US labels China a currency manipulator
Updated On : 06 Aug 2019 | 5:07 PM IST

Wall Street sinks as yuan slide intensifies trade war; Dow falls 860 pts

The yuan breached the key 7-per-dollar level for the first time in more than a decade, and President Donald Trump slammed it as "a major violation"

Wall Street sinks as yuan slide intensifies trade war; Dow falls 860 pts
Updated On : 06 Aug 2019 | 2:22 AM IST

Trump hits out at China as it allows yuan to fall; Dow slides 700 points

Trump did not reveal any specific US response. Some analysts said the yuan move could unleash a dangerous new front in the trade hostilities - a currency war

Trump hits out at China as it allows yuan to fall; Dow slides 700 points
Updated On : 06 Aug 2019 | 1:14 AM IST

Sensex, Nifty tumble as Kashmir tension spooks investors' interest

Scrapping of Kashmir autonomy, China yuan devaluation trigger fresh risk-off bets

Sensex, Nifty tumble as Kashmir tension spooks investors' interest
Updated On : 05 Aug 2019 | 10:43 PM IST

China's top banking regulator says yuan bears will suffer 'heavy losses'

China's central bank will use foreign exchange intervention and monetary policy tools to stop the yuan weakening

China's top banking regulator says yuan bears will suffer 'heavy losses'
Updated On : 25 May 2019 | 11:15 PM IST

China's yuan will hit 7 per dollar, trading to get 'sticky': Goldman Sachs

The yuan has come under intense pressure to fall as China became embroiled in a trade war with the US and loosened its monetary policy to bolster a slowing economy

China's yuan will hit 7 per dollar, trading to get 'sticky': Goldman Sachs
Updated On : 01 Nov 2018 | 8:25 AM IST

China may use currency reserves to prevent yuan from breaching 7 per dollar

Beijing's priority now is to ward off a sharper slowdown in the economy, which grew 6.5 per cent in the third quarter, the weakest pace since the global financial crisis

China may use currency reserves to prevent yuan from breaching 7 per dollar
Updated On : 26 Oct 2018 | 5:31 PM IST

Won't devalue yuan to boost its exports amid trade war, says China

China operates a managed floating exchange rate. Inside China, the yuan can trade 2 per cent on either side of a daily fixing set by the central bank

Won't devalue yuan to boost its exports amid trade war, says China
Updated On : 23 Jul 2018 | 9:15 PM IST

Letters: Rise of the yuan

With reference to Shyam Saran's article, 'Renminbi's growing global influence'

Image
Updated On : 14 Jun 2017 | 10:55 PM IST

China's new rule on yuan transfers not a capital control measure

China is maintaining quota of $50,000 for each individual's annual foreign exchange purchase

China's new rule on yuan transfers not a capital control measure
Updated On : 02 Jan 2017 | 3:00 PM IST