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Renminbi Series

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Over the past decade, China has emerged as global superpower of economics and Geo-politics. Chinese currency Yuan has emerged as top contender to Challenge global dominance of Dollar. This year in Yuan might join International Monetary Fund’s (IMF) Special Drawing Rights (SDR) basket, strengthening Yuan’s position as global reserve currency. In this series, we discuss about China, its politics, economics, and vulnerabilities with a view of Renminbi.

Renminbi Series

Renminbi series – Real management challenge (problem) of China

Nov 26, 2015 08:31 am UTC| Commentary

We at FxWirePro asked ourselves - what could be Chinas real problem or management challenge? Several answers came to mind Shifting the economy away from investment and export oriented growth to consumption...

Renminbi Series

Chinese authorities likely to cap USD/CNY at 6.40 before SDR decision

Nov 24, 2015 05:06 am UTC| Commentary Central Banks

USD/CNY rate was fixed at 6.3867 by PBoC yesterday, this is the highest since August ending, which is an upside surprise to the market. This higher rate drove sell-off flows in CNY and CNH and the spread between both...

Renminbi Series

China registers capital inflow in October

Nov 16, 2015 09:12 am UTC| Insights & Views

Experiencing massive outflows, since PBoC devalued Yuan back in August, October was a relief. Several economic indicator showed that situation in China is stabilizing at least for the near term. Moreover IMF has given...

Renminbi Series

Renminbi series – Yuan into SDR – inclusion is done deal

Nov 16, 2015 06:46 am UTC| Insights & Views

Mega announcement for the year is scheduled for November, when International Monetary Fund (IMF) will take decision in its review, whether to add Chinese currency Yuan or Renminbi in its Special drawing Rights (SDR) or...

Renminbi Series

Renminbi series: Yuan into SDR – aftermath (near term probabilities and possibilities)

Nov 13, 2015 15:30 pm UTC| Insights & Views

Renminbi Series

Renminbi series: Yuan into SDR - Fact set

Nov 13, 2015 13:19 pm UTC| Insights & Views

Renminbi Series

Renminbi depreciates for 8th consecutive day, 2 -day shy from all-time record

Nov 12, 2015 13:08 pm UTC| Insights & Views

Today is the eighth day, Yuan depreciated against Dollar making it one of the longest stretch in history and just shy of its all-time record of 10 consecutive days of depreciation back in 2008, since the currency was...

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Economy

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Politics

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Trump Orders Massive Strikes on Yemen’s Houthis Amid Rising Tensions

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Science

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It’s science, not fiction: high-tech drones may soon be fighting bushfires in Australia

Picture this. Its a summer evening in Australia. A dry lightning storm is about to sweep across remote, tinder-dry bushland. The next day is forecast to be hot and windy. A lightning strike tonight could spark a fire that...

Earth is bombarded with rocks from space – but who gets to keep these ultimate antiques?

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Technology

Elon Musk and OpenAI Set for Expedited Trial Over AI Dispute

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NASA and SpaceX Launch Crew-10 to Replace Stranded Astronauts on ISS

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