Tagged: Chinese yuan

IMF’s Lagarde warns against trade, currency wars, urges fix to global rules 0

IMF’s Lagarde warns against trade, currency wars, urges fix to global rules

International Monetary Fund Managing Director Christine Lagarde on Thursday warned countries against engaging in both trade and currency wars, saying these would hurt global growth and imperil “innocent bystanders.” David Pollard reports. IMF’s Lagarde...

Impact on rupee from China’s yuan move to be temporary: Arvind Subramanian 0

Impact on rupee from China’s yuan move to be temporary: Arvind Subramanian

New Delhi, Aug 15 (ANI): The impact of the devaluation of the Chinese yuan on the rupee will only be “temporary”, given “adequate” foreign exchange reserves, said chief economic adviser Arvind Subramanian. The comments...