What to Watch for as G-20 Leaders Gather Next to Crisis Zone
The Turkish coastal resort of Antalya plays host to the Group of 20 summit from Sunday, and puts world leaders next door to one of the biggest crises on their plate. The G-20’s mandate is to foster...
View ArticleCentral bank sends more currency overseas to meet RMB demand (The Central...
(Source: The Central People's Government of the People's Republic of China) The People's Bank of China, which issued a new 100 yuan note today, has been transporting ever increasing quantities of...
View ArticleCentral bank sends more currency overseas to meet RMB demand
The People's Bank of China, which issued a new 100 yuan note today, has been transporting ever increasing quantities of renminbi to foreign countries to meet a growing demand for China's currency. The...
View ArticleIndonesia to use yuan in trade with China from 2016
Indonesia will use the yuan instead of US dollars in its trade with China starting next year, in a bid to save foreign exchange reserves and reduce dependency on the dollar, an official at the National...
View ArticleInternational Reserves of the Russian Federation (Weekly values as of the end...
(Source: Central Bank of Russia) Weekly values as of the end of accounting date billions of US dollars Data Volume 06/11/2015 366.1 30/10/2015 369.2 23/10/2015 374.6 16/10/2015 377.3 09/10/2015 373.8...
View ArticleReuters poll - Asia FX views bearish on U.S. rate bets; yuan outlook...
By Jongwoo Cheon SINGAPORE (Reuters) - Sentiment towards emerging Asian currencies deteriorated in the last two weeks on growing views of a U.S. rate rise in December with bearish bets on the Chinese...
View ArticleChinese yuan weakens against USD for 8th day
BEIJING, Nov. 12 (Xinhua) -- The central parity rate of the Chinese currency yuan against the U.S. dollar fell for the 8th straight day on Thursday to the lowest level in more than a month. The yuan...
View ArticleChina c.bank says welcomes IMF recommendation on SDR, to continue reforming
BEIJING, Nov 13 (Reuters) - China's central bank said on Saturday it welcomed International Monetary Fund chief Christine Lagarde backing adding China's yuan , or renminbi (RMB), to the global......
View ArticleTranscript of a Press Briefing by Gerry Rice, Director, Communications...
(Source: IMF - International Monetary Fund) Thursday, November 12, 2015 Washington, DC MR. RICE: Good morning everyone and welcome to this press briefing on behalf of the International Monetary Fund. I...
View ArticleIn Kuwait, IMF's Lagarde touts power of Islamic finance
The head of the International Monetary Fund says Islamic finance offers the possibility of extending banking services to many who are underserved in the Muslim world. Christine Lagarde, the IMF's...
View ArticleSDR inclusion far from enough to increase yuan’s allure to investors
The yuan is facing a long march towards reserve currency status , a process that won’t be dramatically accelerated by its potential inclusion in...
View ArticleYuan weaker by 0.33 per cent this week and tipped to fall further
The yuan sank to a fresh six-week low on Friday, bringing the currency’s depreciation against the US dollar for the week to 0.33 per cent. Traders expect the yuan to weaken further in the near future...
View ArticleIMF's Lagarde says supports staff proposal to put yuan in currency basket
WASHINGTON, Nov 13 (Reuters) - Christine Lagarde, the head of the International Monetary Fund said on Friday that the global lender's staff had proposed including the Chinese yuan in the Fund's......
View ArticleYuan Will Slump No Matter What IMF Decides, Daiwa's Lai Says
China’s worsening economy faces an exodus of capital that will drag the yuan lower regardless of whether or not the International Monetary Fund grants the currency reserve status at a coming review,...
View ArticleYuan bonds eyed
Friday, November 13, 2015  Newsfeeds Contact Us About Us Archive Site Search Yuan bonds eyed Friday, November 13, 2015 Foreign asset managers are preparing to increase their exposure to yuan-...
View ArticleYuan Should Be IMF Reserve Currency
China’s yuan should be included in the elite basket of currencies that comprise the International Monetary Fund’s lending reserves, IMF head Christine Lagarde said. ......
View ArticleChina's currency gets backing from IMF head, staff to join exclusive currency...
WASHINGTON - The head of the International Monetary Fund says she supports adding China to an exclusive club of the world's top currencies. ......
View ArticlePress Release: Statement by Ms. Christine Lagarde on IMF Review of SDR Basket...
(Source: IMF - International Monetary Fund) Press Release No. 15/513 November 13, 2015 Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF) issued the following statement...
View ArticleIMF chief supports inclusion of RMB into SDR basket
WASHINGTON, Nov. 13 (Xinhua) -- Christine Lagarde, managing director of the International Monetary Fund (IMF), said Friday that the IMF...
View ArticleYuan ticks IMF boxes for reserve currency
China has ticked most of the boxes set by the International Monetary Fund (IMF) to grant the yuan reserve-currency status, prompting many banks to predict approval this month. Membership of the IMF...
View Article
