Currency Revaluation to Be Gradual, China Says bi2611513 The central bank sought to reassure the Chinese people that a move toward a more flexible would not result a sharp change

China allow more exchange rate flexibility currency bi2611513 BEIJING -- Facing growing pressure from around the world, China's central bank announced Saturday that prepared to allow the country's , the renminbi, or yuan, to float more freely against the dollar and other foreign currencies. China - United States - Exchange rate - Recreation - Business..

Chinese criticize move to loosen exchange rate bi2611513 China's move to make exchange rate more flexible was criticized at home Sunday after being widely welcomed abroad

China says no major changes exchange rate bi2611513 China's central bank said Sunday would maintain a stable exchange rate and didn't anticipate major changes the value of the yuan, a day after saying would manage the more flexibly

Canada welcomes China's decision to enhance currency's exchange rate flex bi2611513 Canadian Prime Minister Stephen Harper issued a statement on Saturday, welcoming China's decision to enhance the flexibility of RMB's exchange rate. "This an important step forward and full implementation contribute to strong, sustainable and balanced global growth, " said Haper. "We look forward to additional steps by G-20 countries at the Toronto summit to improve the ..

Exchange rate woes, Euro zone crisis may hit exporters: FICCI bi2611513 A fluctuating exchange rate, the debt crisis Europe, rising input costs and a possible interest rate hike by the Reserve Bank of India may hit Indian exports, says a report by a leading industry lobby

China makes long-awaited currency move bi2611513 China's central bank said Saturday would make yuan exchange rate more flexible, an indication analysts said that Beijing was ready to scrap the dollar peg and allow the to rise

China to allow more exchange rate flexibility bi2611513 President Barack Obama welcomed China's announcement Saturday that allow a more flexible exchange rate for , saying would help protect the economic recovery

Factbox: Main features of China's currency system bi2611513 China gradually make the yuan's exchange rate more flexible, the central bank said on Saturday a week before a G20 summit, strongly suggesting that was ready to break the 's 23-month-old dollar peg

Foreign exchange trading hits record levels bi2611513 ( FT ) -- trading has surged to record levels 2010, even as the foreign exchange market becomes increasingly concentrated among a smaller number of banks and trading centres

Global currency trading soars to $4 trillion a day bi2611513 FRANKFURT (MarketWatch) -- trading volume has soared to $4 trillion a day, according to data released by the Bank for International Settlements. Global foreign-exchange market turnover was 20% higher April 2010 than April 2007, average daily turnover of $4.0 trillion compared to $3.3 trillion, the data showed. The increase was fuelled by the 48% growth turnover of spot ..

Currency Trading Reaches $4 Trillion a Day, BIS Says bi2611513 Foreign-exchange trading rose to $4 trillion a day on average even as growth the market slowed the three years through April, a Bank for International Settlements survey showed

Currency trading hits $4tn a day bi2611513 A three-year report dealing shows rapid growth trading, the majority of trades happening London

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