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Stocks fall after China currency enthusiasm fades

Mon, 21 Jun 2010 15:38:08 MDT | deseretnews.com

Stocks erased big gains Monday after investors lost some of their enthusiasm about China's decision to let its currency...


China Pledges Flexible Yuan

Mon, 21 Jun 2010 04:00:00 -0400 | NPR News Headlines

President Obama has praised China's decision to allow more flexibility in the exchange rate of its currency. Many U.S. lawmakers and business groups believe China's currency is undervalued, giving Chinese exports an unfair advantage. But the value of China's currency is unlikely to change much any time soon.


Yuan diplomacy

Mon, 21 Jun 2010 19:18:00 GMT | Business Standard

In the world of economic diplomacy where gestures often mean much more than concrete action, Chinas move to abandon its currency peg against the dollar is significant. It is, therefore, no coincidence that the move comes roughly a week before the G20 summit in Toronto where pressure on China to adopt a more flexible currency regime was expected to intensify. China has clearly pre-empted some of this by agreeing to more exchange flexibility.


Commerce Secretary: China currency undervalued

Wed, 23 Jun 2010 15:46:25 MDT | deseretnews.com

WASHINGTON (AP) ? Despite China's decision to let its currency appreciate against the dollar, the yuan is still...


China's currency rises to new high ahead of G-20

Fri, 25 Jun 2010 08:12:24 MDT | deseretnews.com

China's currency surged Friday to its highest level yet, with the central bank setting the daily official level at 6.7896...


RBI to allow currency options within a week

Sat, 10 Jul 2010 18:57:00 GMT | Business Standard

The Reserve Bank of India (RBI) is likely to allow trading of currency options on bourses within a week, according to a senior RBI official. Maybe another week or so (for the announcement), RBI Chief General Manager Foreign Exchange Department (Trade) G Jaganmohan Rao said here today.


Currency trading volumes crash 50 per cent

Mon, 12 Jul 2010 19:06:00 GMT | Business Standard

Trading volumes in the currency segment today fell nearly 50 per cent and 40 per cent on the National Stock Exchange (NSE) and the MCX-SX, respectively. This followed a levy of stamp duty by the Delhi government on proprietary trades, say market players.


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