currency
PIMCO Speculates Possibility of Floating Yuan in 2017
S. Rina | | Jan 14, 2017 12:11 AM EST |
Asset management firm PIMCO stated that there is possibility that China may freely float Yuan this year. The firm stated that alternatively, the country may decide to widen the trading band for the currency. Yuan had a tumultuous time in 2016 as it saw steady decline in its value.
A Device is Being Developed to Help Blind People Sort Paper
Ivan Wanjiku | | Nov 09, 2016 03:17 PM EST |
A high school club from Maryland has received an $8000 grant from an MIT-administered program.
China and Canada Sign Pact on Reciprocal Currency
Dean M. Bernardo | | Nov 08, 2014 08:19 PM EST |
China and Canada have enacted a historic economic pact paving the way for reciprocal currency agreement and allowing the direct exchange of the Chinese yuan and the Canadian dollar.
China Opens Yuan-SG Dollar Trade
Danielle Austria | | Oct 28, 2014 07:16 AM EDT |
In an effort to further economic ties, China and Singapore will begin exchanging currencies in the interbank market on Tuesday (October 28).
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