Yuan

Asked about the potential for the Trump administration to try to weaken the dollar's value through a new version of the 1985 Plaza Accord, Yellen said that the Biden administration believes it's best

Letting the yuan depreciate could make Chinese exports cheaper, thus blunting the impact of tariffs, and creating looser monetary settings in mainland China

President Xi Jinping, at a symposium on Dec. 6, urged full preparation to achieve 2025 economic targets, and said the country's current development faces many challenges

The dollar received some support overnight from better-than-expected U.S. manufacturing data, which also showed a mitigation in price increases

The current dollar tranche would consist of a 5.5-year, 10.5-year and 30-year dollar bond, a term sheet seen by Reuters showed. Alibaba is also working on a 3.5-year, 5-year, 10-year and 20-year

The yuan risks years of downward pressure during the second Trump presidency, and the threat of another trade war is already fueling bets against the currency

The euro languished at a seven-month trough and the yuan slumped to its lowest in more than three months, with Europe and China both targets of potential Trump tariffs

Market participants said that the RBI asked some banks to refrain from speculative trading against the rupee

The contrasting fortunes have carried over into August. The offshore Chinese yuan climbed to nearly 7.11 on Monday, its best level since the first week of this year

Market participants said that the Indian currency did not depreciate further as the Reserve Bank of India intervened in the foreign exchange market by selling dollars

The shifting Fed expectations lifted oil prices and dragged Treasury yields to their lowest in two months after data this week hinted the US labour market was easing

The move comes as US Treasury yields pushed to a near four-week peak lifting the greenback higher

The yuan fell 0.47% against the dollar in March, while the dollar last month rose 0.31% against a basket of other major currencies

Hours after the announcement, regulators added more measures to bolster the slumping property and stock markets

The People's Bank of China maintained the rate on its one-year policy loans on Monday, disappointing investors expecting the first trim since August

The People's Bank of China offered commercial lenders 1.45 trillion yuan ($204 billion) via its medium-term lending facility - 800 billion yuan more than the expected maturity this month

Indian Oil Corp., the biggest state refiner, had made a yuan payment for Russian crude in the past, although the government has since clamped down on that

Weakening Yuan puts pressure; seen largely stable in 2023

The Hang Seng Index is down more than 8 per cent this year, ranking among the biggest global losers

China will resolutely prevent excessive adjustment in the yuan, the People's Bank of China said in its monetary policy report