China's foreign exchange reserves shrank for a fourth straight month in October, the central bank said Monday. The world's largest currency hoard fell to 3.12 trillion U.S. dollars last month, down 45.7 billion dollars from September, ...
Tags: Forex Reserves, foreign exchange
The drop in China's outstanding foreign debt narrowed in the first quarter of the year, with improving structure and rebounding intercompany loans, data from the country's forex regulator showed Thursday. The debt settled at 1.36 trillion ...
Tags: foreign debt, forex regulator
China's foreign exchange reserves dropped by 99.47 billion U.S. dollars from December to 3.23 trillion U.S. dollars at the end of January, the central bank said Sunday. The decrease was milder than a month-on-month decline of 107.9 ...
Tags: Forex Reserves, foreign exchange
China's outstanding foreign debt settled at 1.53 trillion U.S. dollars by the end of September, data from the country's forex regulator showed on Wednesday. Most of the debt owed to foreign creditors resulted from short-term borrowing, as ...
Tags: External Debt
The latest changes to China's forex market management will increase yuan volatility and boost trading volumes, according to a leading Chinese investment firm. From Jan. 4, closing time for China's interbank foreign exchange market will be ...
Tags: Forex, Trading Volume
China is to extend the trading hours of the interbank forex market by seven hours and allow more foreign entities into the market, according to a Wednesday statement by the People's Bank of China (PBOC). From Jan. 4, the closing time for ...
Tags: Extends Trading, Forex Market
China's central bank says the country's foreign exchange market will extend trading hours by 7 hours starting from January 4th. Trading hours for the yuan in the Shanghai-based exchange will last till 11:30 pm local time. The People's ...
Tags: PBOC, Forex Trading
Yesterday's U.S. interest rate adjustment narrows the scope for China to balance currency stability with economic growth. The U.S. Federal Reserve raised the benchmark interest rate by 25 basis points on Wednesday, the first increase ...
Tags: U.S.Rate, China's Policy
China's foreign exchange reserves, the world's largest, fell by US$87.2 billion in November to US$3.44 trillion, central bank data showed yesterday, the lowest level since February 2013 and the third largest monthly drop on record. ...
Tags: Forex Reserves, foreign exchange
China's new forex rate formation mechanism is credit positive as it will increase currency flexibility and support China's capital account liberalization, said Moody's in a recent report. The People's Bank of China on Tuesday adjusted the ...
A leading domestic rating agency India Ratings has projected a 7.7 per cent growth this fiscal driven by domestic demand. The projection is marginally low from the official growth forecast of 7.9 per cent. "We expect GDP to grow by 7.7 ...
China's cross-border capital flows will remain volatile this year amid uncertainties both at home and abroad, the country's forex regulator said on Sunday. As China gradually moves to make its foreign exchange mechanism more ...
China will relax restrictions on banks' yuan trading from next year, in a small but significant move toward relaxing its capital controls. The changes will replace daily caps on banks' foreign exchange positions with weekly limits, and ...
Tags: Yuan Trading, restrictions
China experienced a third straight month of deficit in foreign exchange transactions as the country's growing appetite for foreign currency expands, according to new data published Tuesday. Chinese banks' forex purchases registered at ...
Tags: Foreign Currency, foreign exchange
"India is a very different market from Europe. For men in Europe, dressing up is a way of life. Indian consumers are more conservative and followers of fashion,” says the top Indian honcho of a European fashion brand. Rajiv Nair- ...
Tags: Indian, Different Market, Apparel