Yuan

Rupee hits all-time low pressured by weak Yuan, strong dollar bids

The RBI's frequent interventions have supported the rupee in the face of multiple headwinds, including a hawkish shift in the Federal Reserve's outlook for policy rates over 2025, concerns about India

Rupee weakens to new closing low of 84.87 due to rise in US Treasury yields

The rupee had settled at Rs 84.80 per dollar on Friday

Hurt by weak yuan, rise in US bond yields, Rupee logs record closing low

A decline in the yuan and elevated US bond yields had weighed on the rupee through the session and the currency declined further after the trade data was released

China's yuan eases after remarks at key economic meeting fail to inspire

China's 10-year and 30-year sovereign bond yields fell over 4 basis points each to record lows of 1.7650 per cent and 1.9950 per cent, respectively

Trump's trade adviser warns against China's attempt to manipulate currency

Peter Navarro, Trump's new senior counselor for trade and manufacturing, said White House would not interfere with the Treasury's review to see foreign trade partners are not manipulating currencies

Yellen says US will 'react strongly' to any currency manipulation

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

Chinese authorities may consider a weaker yuan as Trump trade risks loom

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

China to adopt proactive fiscal policy to spur economic growth in 2025

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

Asian stocks rise to record highs on Wall Street; euro, yuan slump behind

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

Alibaba plans to raise $5 billion through dual currency bond issuance

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

Xi's dream of 'powerful currency' likely to be challenged by Trump's return

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

Dollar roars with bitcoin as Trump trades shine; euro, yuan slump

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

Rupee weakens to new intra-day low as investors exited from carry trades

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

Rupee worst Asian currency in U-turn as yuan carry trades unwind

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

Rupee falls to new record low tracking the decline in Chinese Yuan

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

Asia stocks rally as US Fed rate cut bets gather momentum; ECB in focus

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

China's yuan hits 6-month low against strong dollar despite state bank aid

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

China foreign exchange reserves rise to $3.246 trn in March, shows data

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

China boosts stimulus by cutting reserve requirement ratio for banks

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

China holds key interest rate as economy prepares for 'difficult year'

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