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China Says To Launch Digital Currency Action Plan

China Says To Launch Digital Currency Action Plan

The "action plan" will see banks pay interest on balances held by clients in digital yuan -- a move to incentivise...

29 Dec 2025 11:40 AM IST

Rupee Rises 33 Paise on Strong Dollar Inflows

Rupee Rises 33 Paise on Strong Dollar Inflows

The Indian rupee surged to 86.65, aided by dollar sales, yuan strength, and easing REER, despite trade war concerns...

20 Feb 2025 9:23 PM IST

The onshore yuan fell as much as 0.6 percent to 7.3084 per dollar, its weakest level since December 2007 and close to the lower limit of the trading band set by the central bank on Tuesday.

China-'s yuan hits 15-year low after Xi extends rule

BEIJING: China's yuan hit a 15-year low against the US dollar on Tuesday, with investors spooked after President Xi...

25 Oct 2022 3:51 PM IST