The yuan's official entry into the International Monetary Fund's basket of reserve currencies on Oct. 1 raised expectations that central banks all over the world would be scrambling to stock up on Chinese money. But the reality is far from that. ... Nikkei Asian Review, 6 days ago
The great risk facing Taiwan's economy - Taipei Times Online, 2 hours ago
Chinese Yuan Assumes Reserve Currency Status - Money Management, 5 days ago
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Most observers believe that the Federal Reserve will hike its' benchmark interest rate by 0.25% before the end of 2016, most likely in December. Generally, the saying "don't fight the Fed" has been good advice for investors. There is a risk that a ...Seeking Alpha, 2 hours ago
Home » Top Stories » October 24, 2016 The three-year programme under the IMF's Extended Fund Facility (EFF) has now come to an end. Pakistan has received $6.1 billion loan from the IMF under this programme. During the tenure of the programme, ...Business Recorder, 20 hours ago
MUMBAI: India's foreign exchange reserves declined by USD 1.506 billion to USD 366.139 billion in the week to October 14, due to fall in foreign currency assets, the Reserve Bank said today. In the previous week, the reserves had decreased by USD ...Economic Times, 3 days ago Forex reserves dip by $1.5 bn to $366.13 bn Press Trust of India, 3 days ago Foreign exchange reserves dip by $1.5 bn to $366.13 bn ZeeNews.com, 3 days ago
Staring at the prospect of a recession for the first time in almost 30 years, Nigeria's government is struggling to fund its budget, which it hoped would stimulate an economy that is reeling from the impact of low oil prices. A funding shortfall ...Financial Mail, 3 days ago
International Monetary Fund (IMF) Managing Director Christine Lagarde speaks on launch of the new Special Drawing Right (SDR) basket including the Chinese currency, the renminbi (RMB) in Washington D.C., the United States , Sept. 30, 2016. IMF on ...Xinhua News Agency, 4 days ago China's Yuan Joins IMF Reserves in First Revision Since 1999 Equilibrio Informativo, 1 week ago
SHANGHAI, Oct 19 (Reuters) - China's yuan is not entering a depreciating path but pressure will persist in the short term amidst dollar strength, the overseas edition of the People's Daily quoted experts as saying on Wednesday. The Communist ...Yahoo! Finance, 5 days ago China's yuan not heading toward a depreciating path: People's Daily The Fiscal Times, 5 days ago
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It seems Hong Kong is the only major stock market in the world that still cares about when the US Federal Reserve (Fed) will next raise interest rates. We would have thought the market had already adjusted itself to the likelihood that, after so ...CHINAdaily.com.cn, 1 week ago
(Bloomberg) -- The yen held a three-week decline against the dollar as hedge funds trimmed bullish bets on the Japanese currency by the most since May amid growing confidence the Federal Reserve will raise interest rates this year. Japan's ...La Repubblica, 1 week ago Hedge Funds Cut Bullish Yen Bets Amid Currency's Three-Week Drop La Repubblica, 1 week ago
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Three years after the Reserve Bank of India sought to shore up the rupee through foreign currency non resident-bank (FCNR-B) deposits, the country is bracing for an outflow as these get redeemed. The rupee was at 66.72 a dollar on Friday. The Indian ...Economic Times, 1 week ago
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