The article reports on the performance of the niche currency Eurobond market in 2006. Investors flocked to the Turkish lira and Icelandic kr贸na Eurobond sectors in search of currency diversification and yield, but some critics said the growth was unsustainable. The big theme of 2006 in the ...
While China has made great strides in the last three decades, it is still far from being a wealthy country itself. But this just means that success in both of these countries stands to do a lot of good on a human level. Despite the geopolitical problems that China's economic growth has...
Why China Wants Yuan to be the World's 5th reserve Currency China is a step closer to obtaining special drawing rights status for its currency from the IMF, a move that would see the Yuan joining the greenback, Euro, Yen and British pound. Addition to the SDR would add Yuan to the bas...
India's Foreign Exchange Reserves measure foreign currency denominations stored and controlled by the Reserve Bank of India, which the bank may use to execute monetary policy measures, to finance the
75 billion U.S. dollars), up by 2.1 percent, and India's exports to China totaled 123.9 billion yuan (about 18 billion U.S. dollars), down by 0.2 percent year on year," said Huang Guohua, vice director of the GAC's analysis department, while releasing the figures in Chinese...
Commodity and currency markets have been very turbulent, and the Arab Spring has not only failed to keep up its pace, it has half-destroyed the Middle East, with fires raging in Syria, Turkey, Libya, etc. Migrant problems in Europe and the uncertain future of the US — as per the curre...
Imports - partners: China 7.3%, United States 5.6%, Switzerland 4.7% (2005) Reserves of foreign exchange and gold: $136 billion (2005 est.) Debt - external: $125.5 billion (2005 est.) Currency (code): Indian rupee (INR) Currency code: INR Exchange rates: Indian rupees per Unite...
In recent years,the level of sub-regional cooperation between developing states has increased rapidly,and the construction of the economic corridor between... LI Bo 被引量: 0发表: 0年 Will the Renminbi Emerge as an International Reserve Currency? The global reserve system can be strengthened by...
(NFTs). However, the country has signaled that it would use its G20 presidency to push for global digital asset regulations. The Indian government has been relying on distributed ledger technologies in recent months, using them ...
Also in this newsletter: China is building the world’s largest dam and Ashish Gupta’s mantra January 27 2025 The Economics Show podcast31 min listen Martin Wolf talks to Arvind Subramanian: India, the next economic superpower? Can India’s economy maintain rapid growth, or is it about to ...