CHINA TOPIX

11/02/2024 09:39:20 am

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The firm stated that alternatively, the country may decide to widen the trading band for the currency.

PIMCO Speculates Possibility of Floating Yuan in 2017

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.

The image of a $5,000 dollar bill. (WikiMedia Commons)

A Device is Being Developed to Help Blind People Sort Paper

A high school club from Maryland has received an $8000 grant from an MIT-administered program.

Harper - Keqiang

China and Canada Sign Pact on Reciprocal Currency

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 Today

China Opens Yuan-SG Dollar Trade

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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