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, ...
19 Apr, 2026, 06.29 AM IST
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...
06 Jan, 2025, 09.46 AM IST
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...
12 Dec, 2024, 07.26 AM IST
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 ...
13 Aug, 2024, 03.56 PM IST
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 ...
21 Sep, 2023, 08.43 AM IST
Navigating yuan’s weakness in India-China tradeThe relationship between India and China has been progressing economically, despite tensions over border issues. However, the Chinese yuan ...
09 Jun, 2023, 03.05 PM IST
View: Rupee is following in the footsteps of yuanOn the upside, target of 73.50 continues to hold which is 123.6 per cent retracement.
13 Sep, 2019, 09.41 PM IST
View: Strong dollar, weak yuan to weigh on rupeeStrong dollar and weak Chinese yuan is a deadly potent for the domestic currency.
21 Aug, 2019, 07.16 PM IST
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...
04 Jul, 2016, 12.28 PM IST
Rupee trades lower against US dollarThe rupee depreciated by 4 paise to 66.86 against the US dollar in early trade on Thursday after the Chinese central bank, PBoC.
07 Jan, 2016, 09.31 AM IST
China welcomes yuan inclusion as reserve currency in SDR basketChina welcomed the IMF's decision to include yuan as its fifth reserve currency but dismissed concerns over depreciation amid economic slow...
01 Dec, 2015, 03.17 PM IST
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...
08 Sep, 2015, 10.23 PM IST
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.
28 Aug, 2015, 04.01 PM IST
RBI Governor Raghuram Rajan hints at contemplating policy to weaken rupee if yuan falls furtherRaghuram Rajan warns of a scenario in which central banks would seek to rival each other, damaging the global financial system.
21 Aug, 2015, 04.00 AM IST
Rupee may weaken further on China currency depreciation: CitigroupIndia seems to be less vulnerable to China's currency depreciation through direct channels, but the rupee may still weaken, says a Citigrou...
13 Aug, 2015, 03.45 PM IST
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.
25 Mar, 2014, 05.52 AM IST
- China yuan steady in spot, rises in NDFs on data
The yuan was little changed against the dollar in the spot market on Wednesday.
10 Sep, 2008, 11.50 AM IST