Mumbai: The Indian central bank likely sold U.S. dollars to cap further deprecation in the rupee after…
Tag: Chinese Yuan
China’s economic recovery stalls amid debt, property slump – Is stimulus likely?
China’s efforts to recover from an extended COVID-19 lockdown appears to have come to a stuttering…
Qing dollar still looks safe against yuan
The hegemony of the dollar is not going to end anytime soon. While the Chinese yuan…
Banks, traders in India advised to avoid foreign trade settlement in Chinese yuan: report
Image Source: PTI representative image Banks and traders in India have been asked to avoid settling…
India to discourage foreign trade deal in Chinese yuan: report
India reportedly discouraged the use of the Chinese yuan for foreign trade. (Representative) New Delhi: India…
How a cement maker bought Russian coal using the yuan – Times of India
New Delhi: Recent purchases of cement maker Russian coal using the yuan India’s largest private lender,…
UltraTech Cement pays Russian coal in Chinese yuan: report
India’s largest cement producer, UltraTech Cement, is importing a cargo of Russian coal and making payments…
Rupee crosses 77/$, hits historic low of 77.53 on rising inflation concerns – Times of India
Mumbai : The Rupee Breaking the level of 77 for the first time on Monday reached…
Yuan’s global popularity soars with usage at record high – Times of India
the Chinese yuan Making deep inroads as the currency of choice for global payments, international transactions…