'For the common man, the economic conditions are not going to get better.' IMAGE: Sri Lankans queue to buy cooking gas in Colombo. Photograph: Dinuka Liyanawatte/Reuters Dr Dushni Weerakoon is an......
On August 11, the central bank devalued the yuan by about 2 per cent against the US dollar, the biggest one-day currency devaluation in nearly two decades. China on Tuesday said its foreign trade......
China's foreign exchange reserves look set to create a new record at $1 trillion at the end of this month or early November, posing new problems how to best manage it, economists said.The reserves,......
Faced with sluggish economic growth and dwindling exports, China on Wednesday devalued its currency for the second consecutive day, sending fresh shock waves through global markets and......
India's rupee is likely to remain under pressure due to high prices of crude oil and other commodities, and may stabilise at around 79-80 against the US dollar in the near term, say experts amid......
Investors are anxious over the US-China trade tension, a sharp devaluation in yuan and uncertainty over Kashmir issue. Illustration: Uttam Ghosh/Rediff.com The rupee on Monday crashed by 113 paise......