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Home Articles Renminbi
China’s yuan sinks to record low against dollar ahead of key National Congress \
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China’s yuan sinks to record low against dollar ahead of key National Congress

 01-Oct-2022
Beijing [China], October 1 (ANI): Ahead of the 20th National Congress later this month, China's yuan, also known as the Renminbi, remained near a record low level against the US dollar on the offshore market this week.
01-Oct-2022 World
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Trade settlement with Russia in rupees to start soon: Export body president \
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Trade settlement with Russia in rupees to start soon: Export body president

 15-Sep-2022
New Delhi [India], September 15 (ANI): India will soon start settling trade with Russia in rupees as the State Bank of India has agreed to facilitate the process, the president of India's exporter group, Federation of Indian Export Organisations (FIEO), A Shaktivel told reporters on Wednesday.
15-Sep-2022 Business
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China coal power producers proposes use of Renminbi in Pak Port Qasim \
4 min read
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China coal power producers proposes use of Renminbi in Pak Port Qasim

 01-Aug-2022
Islamabad [Pakistan], August 1 (ANI): Citing power shortages in Pakistan amid rising coal prices as well as to contain inflation, "all-weather" friend China proposed the use of Renminbi (RMB) in the Port Qasim coal-fired power plant to buy coal to release pressure on the dollar.
01-Aug-2022 World
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China to run digital currency trials to boost economy \
6 min read
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China to run digital currency trials to boost economy

 18-Apr-2022
Beijing [China], April 18 (ANI): In a quest to strengthen the country economically and become a global superpower, China decides to run digital currency trials of which the real purpose seems to be keeping a close eye on data and mass transactions, reports suggest.
18-Apr-2022 World
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