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CHINA YUAN DEPRECIATION
Not just US dollar, Indian rupee has tanked up to 25% across 9 major currencies in 1 yearThe Indian rupee has seen a significant decline against most global currencies, not just the US dollar. This broad-based weakness is driven...
Rupee depreciation forces Indian firms to adopt Yuan payments, boost local sourcingIndian businesses are actively seeking ways to counter the weakening rupee. Companies are now making payments for Chinese imports in yuan, ...
China's yuan hits 16-month low despite firmer guidanceChina's yuan hit a 16-month low against the dollar, pressured by trade concerns, falling yields, and a strong dollar. Despite efforts by th...
China is considering softer currencyReuters reported that China is considering weakening the yuan in anticipation of higher trade tariffs under a potential second Trump presid...
Yuan slides on report China considering weaker unitThe move triggered drops in regional peers, with the New Zealand dollar falling to the weakest in more than two years, while the Australian...
Chinese authorities are considering a weaker yuan as Trump trade risks loom, sources sayChina's top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher U.S. trade tariffs as Don...
Chinese authorities are considering a weaker yuan as Trump trade risks loom, sources sayChinese policymakers are reportedly considering a yuan devaluation in 2025 to counter potential higher U.S. tariffs under a second Trump pr...
What is the Chinese yuan carry trade and how is it different from the yen's?A global sell-off in markets due to unwinding yen-funded carry trades has put China's yuan in the spotlight. Despite a 2% rise against the ...
China's yuan slides to 4-month low, state banks step inChina's yuan declined to a four-month low against the dollar on Friday, breaching a key threshold and prompting state-owned banks to step i...
Chinese property giants hit hard with nearly USD 3 billion in forex lossesChina's leading real estate firms have reported nearly $3 billion in foreign exchange losses for the first half of the year, mainly due to ...
Yuan drops toward record low as China budges in fight with bearsThe PBOC is faced with a daunting task of maintaining the socalled impossible trinity, where it needs to stabilize the exchange rate and pr...
China’s currency calm won't hold off the impending stormA depreciation of the target rate that is too aggressive risks destabilizing the offshore market which, in turn, pulls down the onshore rat...
Light PBOC touch makes once unlikely yuan at 7/$ seem possibleYuan has lost more than 2.5 per cent against the dollar since the festering China-US trade dispute.
Sinking yuan may drag down banksInvestors have good reason to worry as debt continues to explode and money keeps flowing out of the country.
Risk factor: Yuan at new 5.5-year low in reminder of August 2015; pray PBoC is not at itPost Brexit, as the dollar index gained 2.32%, the renminbi has fallen 1.4% to the dollar, hitting a five-year low of 6.66 from 6.39 on Aug...
Commodities see worst January in 24 years as China slows downHedge funds are positioning for more losses, holding the biggest netshort bet across raw materials since at least 2006.
Big drop in China's forex due to normal market operation: Central bankChina's forex reserves fell for a fourth straight month to $3.56 trillion at the end of August, the People's Bank of China (PBOC), announce...
See scope for 2-3% further depreciation in yuan: Neeraj Gambhir, Nomura Capital IndiaOur guess is that yuan needs to move somewhere close to 6 per cent overall. We have already seen about 3 to 4 per cent of that.
Yuan depreciation may augur bad news for Indian exportsIndian exports of textiles, engineering and capital goods may suffer bady if the Chinese currency continues to depreciate, experts warn.
- China yuan steady in spot, rises in NDFs on data
The yuan was little changed against the dollar in the spot market on Wednesday.