China
PBOC to reveal more details on yuan in next step
The People's Bank of China said on Friday 29 July that it will provide more details of its revaluation of the yuan in the next step, including more information on the basket of currencies for the yuan exchange rate.
IMF's Rato says no case for sanctions on China
IMF Managing Director Rodrigo Rato said in an interview on Thursday 28 July that there is no case for trade retaliation against China because of its foreign exchange policy.
China advisor sees second yuan revaluation in 2006
Zhang Shuguang, a former senior fellow at China's Academy of Social Sciences, the government's leading research body, said he expects a second revaluation of the yuan of between 2-3% in 2006 as hot money pressures are likely to force further adjustment.
Market to decide yuan's value according to PBOC
The People's Bank of China has insisted that it would allow markets to set the value of the yuan following last week's 2.1 percent adjustment, state media reported Thursday.
China yuan move helpful says Fed's Gramlich
US Federal Reserve governor Edward Gramlich has said China's decision to revalue its yuan currency was a positive step that should help reduce global economic imbalances.
China should be allowed to join says OECD chief
Donald Johnston, secretary general of the Organization for Economic Cooperation and Development ( OECD), said in an interview on Tuesday 26 July that China should be admitted as a member of the organisation.
Statement by People's Bank of China on yuan
The People's Bank of China issued a statement on Tuesday 26 July which played down market speculation of further rises of the yuan after last week's 2.1-percent yuan revaluation.
Zimbabwe, China sign economic cooperation deal
Zimbabwean President Robert Mugabe and Chinese leader Hu Jintao signed an agreement on economic cooperation on Tuesday 26 July.
RBI sees consequences from China rate move
The Reserve Bank of India said on Tuesday 26 July that the shift in exchange rate policy announced by China was likely to have important consequences for the global economy.
PBOC denies reports on currency
The People's Bank of China warned on Tuesday 26 July that it has no plans to allow sharp increases in the yuan's value, saying a 2 per cent increase last week was part of an exchange-rate reform and not an initial step to more increases.
Reports claim China told US of yuan plan
News reports on Monday 25 July said that US officials were informed by the Chinese government in advance of its decision to drop its currency's link to the dollar last week and raise its exchange rate.
PBOC chief says yuan move an 'initial' step
The governor of China's central bank speaking on Saturday 23 July, described last week's revaluation of the yuan as an initial step whose benefits outweighed the disadvantages.
China cb adviser says revaluation buys time
Yu Yongding, a member of China's central bank monetary policy committee said in remarks published Monday 25 July that last week's 2.1 percent revaluation of the yuan and an accompanying shift to a managed float buy time for China.
China's currency conundrum
This article published on Thursday says that China's decision to revalue its currency by 2.1% and introduce a new currency basket for determining future exchange rate moves is an important step in the evolution of the country's monetary policy and…
Interview with PBOC's spokesman on exchange rate
Following the announcement by the People's Bank of China that the country will implement a regulated, managed floating exchange rate system based on market supply and demand, the People's Daily Online edition carried an interview with the PBOC's…
Central bankers support China's move on yuan rate
The Group of Seven leading industrial nations on Thursday praised China's decision to revalue its yuan currency and said it would help the global economy.
People's Bank of China: Statement on exchange rate
The People's Bank of China released a statement on Thursday 21 July following the announcement that it is revaluing its currency and scraping the yuan's decade-old peg to the dollar in favour of a basket of currencies.
Japan welcomes China yuan decision
Japan welcomed China's decision on Thursday 21 July to end its currency's peg to the U.S. dollar and other Asian officials said they were closely watching developments.
China repegs yuan to basket of currencies
The People's Bank of China (PBoC) said on Thursday 21 July that it has scrapped the yuan peg to the US dollar and repegged the Chinese unit to a basket of trade-weighted currencies.
China's central bank sees controlled forex reform
The People's Bank of China has said in a statement that reform of the yuan exchange rate will be a controlled and gradual process to be carried out by China alone.
PBOC official suggests monetary easing idea
A senior Chinese central bank official has said that commercial lenders should ensure that funds continued to flow to healthy companies.
China easing forex controls to help overseas firms
China will loosen its foreign exchange controls to give more financing support to overseas Chinese companies as the central government moves to encourage domestic firms to invest abroad, the official Financial News reported, citing a government official.
PBOC deputy governor Li steps down
Li Ruogu has stepped down as deputy governor of China's central bank, Xinhua reported this week, citing the State Council.
China says no timetable for yuan move
The US administration has told key senators that it expects China to revalue the yuan in August before President Hu Jintao visits Washington in September, the Financial Times reported on Friday 15 July.