China Foreign Reserves

According to sources, Sri Lanka was delaying granting permission for the arrival of the vessel due to concerns raised by India. However, there is no official confirmation of the same.

Argentina will pay for Chinese imports in yuan instead of US dollars in order to preserve its dwindling foreign reserves, Economy Minister Sergio Massa said on Wednesday.

China on Thursday agreed to refinance Pakistan with USD 2.3 billion worth of funds amid the dwindling foreign exchange reserves of the country.

Russia said on Sunday that it was counting on China to help it withstand the blow to its economy from Western sanctions, which it said had frozen nearly half of its gold and foreign currency reserves.

China's foreign exchange reserves, the largest in the world, fell to $3.2006 trillion at the end of September, down $31.5 billion from a month earlier, according to official data released on Thursday.

China on Thursday called for the lifting of sanctions against Taliban-administered Afghanistan and urged the US not to use the frozen foreign exchange reserves of the war-torn country as a "bargaining chip" to exert political pressure on the group.

China on Monday pumped-in USD 2.2 billion to cash-strapped Pakistan to shore up its close ally's foreign currency reserves and help avert a possible default on external debt payments.

China will provide USD 2.5 billion in loans to Pakistan to boost the foreign exchange reserves of its "all-weather ally", a media report said Saturday.

China and Argentina signed a $9 billion currency swap deal to boost the crisis-stricken South American country's foreign currency reserves, its central bank announced Sunday.

China will provide Pakistan with economic aid but more talks will take place to fix the details, a senior Chinese diplomat said, after new Pakistani Prime Minister Imran Khan met Chinese Premier Li Keqiang on Saturday.

The rupee hit a fresh record low of 70.32 against the US dollar in early trade on Thursday. Experts believe that the rupee is unlikely to recover soon. Asia's currencies also remained under pressure, with the dollar holding near 13-month peaks as political turmoil in Turkey and concerns about China's economic health continued to support safe-haven ...

China has lent Pakistan $1 billion to boost the South Asian country's plummeting foreign currency reserves, two sources in Pakistan's finance ministry told Reuters, amid growing speculation of another International Monetary Fund bailout.

Increasing competition from India in foreign investment and a dwindling foreign exchange reserves has forced China to review its age-old practices.

China's foreign exchange reserves fell to the lowest since 2011 in August as the central bank intervened to support the yuan currency as it weakened to near-six year lows.

Reserve Bank of India Governor Raghuram Rajan on Monday said the current level of the rupee is "pretty reasonable" and any attempt to devalue it may lead to a surge in inflationary pressures and "offset any benefits".

According to sources, Sri Lanka was delaying granting permission for the arrival of the vessel due to concerns raised by India. However, there is no official confirmation of the same.

Argentina will pay for Chinese imports in yuan instead of US dollars in order to preserve its dwindling foreign reserves, Economy Minister Sergio Massa said on Wednesday.

China on Thursday agreed to refinance Pakistan with USD 2.3 billion worth of funds amid the dwindling foreign exchange reserves of the country.

Russia said on Sunday that it was counting on China to help it withstand the blow to its economy from Western sanctions, which it said had frozen nearly half of its gold and foreign currency reserves.

China's foreign exchange reserves, the largest in the world, fell to $3.2006 trillion at the end of September, down $31.5 billion from a month earlier, according to official data released on Thursday.

China on Thursday called for the lifting of sanctions against Taliban-administered Afghanistan and urged the US not to use the frozen foreign exchange reserves of the war-torn country as a "bargaining chip" to exert political pressure on the group.

China on Monday pumped-in USD 2.2 billion to cash-strapped Pakistan to shore up its close ally's foreign currency reserves and help avert a possible default on external debt payments.

China will provide USD 2.5 billion in loans to Pakistan to boost the foreign exchange reserves of its "all-weather ally", a media report said Saturday.

China and Argentina signed a $9 billion currency swap deal to boost the crisis-stricken South American country's foreign currency reserves, its central bank announced Sunday.

China will provide Pakistan with economic aid but more talks will take place to fix the details, a senior Chinese diplomat said, after new Pakistani Prime Minister Imran Khan met Chinese Premier Li Keqiang on Saturday.

The rupee hit a fresh record low of 70.32 against the US dollar in early trade on Thursday. Experts believe that the rupee is unlikely to recover soon. Asia's currencies also remained under pressure, with the dollar holding near 13-month peaks as political turmoil in Turkey and concerns about China's economic health continued to support safe-haven ...

China has lent Pakistan $1 billion to boost the South Asian country's plummeting foreign currency reserves, two sources in Pakistan's finance ministry told Reuters, amid growing speculation of another International Monetary Fund bailout.

Increasing competition from India in foreign investment and a dwindling foreign exchange reserves has forced China to review its age-old practices.

China's foreign exchange reserves fell to the lowest since 2011 in August as the central bank intervened to support the yuan currency as it weakened to near-six year lows.

Reserve Bank of India Governor Raghuram Rajan on Monday said the current level of the rupee is "pretty reasonable" and any attempt to devalue it may lead to a surge in inflationary pressures and "offset any benefits".