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  2. Reorganisation loan affair - Wikipedia

    en.wikipedia.org/wiki/Reorganisation_loan_affair

    On 2 March 1912, Yuan directed his Minister of Finance, Zhou Ziqi, to request an advance payment of 1 million taels (£12.2 million or US$15.8 million in 2021 value, inflation-adjusted). Tang refined the details involved in the loan.

  3. List of renminbi exchange rates - Wikipedia

    en.wikipedia.org/wiki/List_of_renminbi_exchange...

    The renminbi (RMB, also known as Chinese yuan; ISO code: CNY) is the official currency of the People's Republic of China. [1] Although it is not a freely convertible currency , and has an official exchange rate , the CNY plays an important role in the world economy and international trade .

  4. Exchange rate history of the Indian rupee - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate_history_of...

    This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence in sterling in 1947.

  5. Yuan (currency) - Wikipedia

    en.wikipedia.org/wiki/Yuan_(currency)

    These were brass 1 cash, copper 2, 5, 10 and 20 cash, and silver 1, 2 and 5 jiao and 1 yuan. After the revolution, although the designs changed, the sizes and metals used in the coinage remained mostly unchanged until the 1930s. From 1936, the central government issued nickel (later cupronickel) 5, 10 and 20 fen and 1 ⁄ 2 yuan coins ...

  6. List of countries by foreign-exchange reserves - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    The yuan has become an important component of Russia's reserves as its economy increasingly becomes oriented towards China and other non-Western partners. By 2024, Russia's FX reserves were estimated to be around $570 billion to $600 billion, with a substantial portion in gold, yuan, and other non-traditional reserve assets.

  7. Renminbi currency value - Wikipedia

    en.wikipedia.org/wiki/Renminbi_currency_value

    China's foreign reserves, already the world's biggest, soared to $2.8 trillion at the end of 2010. In order to buy foreign currencies, the government has to print the RMB "at a furious pace" and therefore incur inflation. [25] However, between 2012 and 2019, China's inflation has been reported to be persistently low, around 2%. [26]

  8. A forever bond issued 400 years ago still pays interest. Here ...

    www.aol.com/finance/forever-bond-issued-400...

    On Dec. 10, 1624, a Dutch water authority sold a bond for 1,200 Carolus guilders to a woman in Amsterdam, promising to pay 2.5% interest in perpetuity. A forever bond issued 400 years ago still ...

  9. Second Revolution (Republic of China) - Wikipedia

    en.wikipedia.org/wiki/Second_Revolution...

    In April he secured a Reorganization Loan of 25 million pounds sterling from Great Britain, France, Russia, Germany and Japan, without consulting the parliament first. The loan was used to finance Yuan's Beiyang Army .