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ANALYSIS - China's caution on yuan signals no early move Investors betting on a yuan rise early next year will be disappointed as China is likely to keep the currency on a tight leash at least until the middle of 2010 to cement the country's economic MoreUS dollar at fresh 15-month low The dollar hit a fresh 15-month low and world stocks held near a three-week high on Wednesday after remarks from Federal Reserve officials reinforced the view that U.S. interest rates will remain nearMore Forex reserves down $1.13 bn The country’s foreign exchange reserves fell $1.13 billion in the week up to September 11 to $284.4 billion on the back of portfolio investments and revaluation of currencies. Most ReadMore INTERVIEW - No growth target at G20:Japan ex-MOF official Group of 20 financial leaders are unlikely to set national growth goals at their weekend meeting in Scotland even as they seek to firm up a plan to rebalance the world economy, a former Japanese MoreFiscal stimulus will stay, prudence need India will maintain its fiscal stimulus as there is economic uncertainty because of the poor monsoon and the global outlook but fiscal prudence was still needed, the finance minister said on Tuesday.More Fiscal stimulus will stay, prudence need India will maintain its fiscal stimulus as there is economic uncertainty because of the poor monsoon and the global outlook but fiscal prudence was still needed, the finance minister said on Tuesday.More Fiscal stimulus has to be maintained - Mukherjee India has to continue with its fiscal stimulus and is confident of attaining it medium-term fiscal targets, Finance Minister Pranab Mukherjee said on Tuesday.More G20 to seek progress on world growth scheme Group of 20 financial leaders will seek to firm up a plan to rebalance the world economy when they meet this week, looking to beat out how to set national policy goals and make sure everyone keeps MoreIndian rupee at 3-week low against dollar The rupee weakened to new three-week lows on Wednesday as a lower opening in the stock market raised worries of foreigners repatriating funds while weaker Asian units added to the woes.At 10:10 a.m.More Pakistan behind fake currency: Chidambaram Home Minister P Chidambaram on Wednesday said fake currency business was "not a cottage industry" and pointed out that "an organised effort in Pakistan and Pakistan-occupied Kashmir " was behindMore |
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