Sri Lanka: Prices of essential commodities rise following currency devaluation

Mar 12, 2022

Colombo [Sri Lanka], March 12 : The prices of a number of essential commodities including fuel and wheat increased significantly on Friday following Sri...

China's forex market turnover down in May

Jun 24, 2022

Beijing[China], June 24 (ANI/Xinhua): China's foreign exchange market saw a turnover of 15.95 trillion yuan (about 2.38 trillion U.S. dollars) in May, down from...

Chinese yuan weakens against USD

Jun 20, 2022

Beijing [China], June 20 : The central parity rate of the Chinese currency renminbi, or the yuan, weakened 197 pips to 6.7120 against the...

Pakistan oppn lashes out at Imran Khan govt over piling up of loans, energy crisis

Nov 14, 2021

Islamabad [Pakistan], November 14 : Pakistan opposition has slammed Imran Khan-led government over piling up of massive loans, unprecedented devaluation of rupee and deepening...

China's falling yuan worries Xi Jinping ahead of 20th National Congress

Oct 02, 2022

Beijing [China], October 2 : Ahead of the 20th National Congress later this month, the fall of the yuan, also known as the Renminbi,...

US wary of China's digital yuan currency

Sep 05, 2022

Beijing [China], September 5 : China's bid to have a digital currency could soon become the next point of contention with the Biden administration,...