Cabinet clears Rs 12,980 crore maritime insurance pool to cut costsIndia is launching the Bharat Maritime Insurance Pool, backed by a substantial sovereign guarantee of over ₹12,980 crore. This strategic in...
19 Apr, 2026, 06.00 AM IST
Biggest currency clampdown in decade risks backfiring for IndiaIndia's Reserve Bank of India has intervened to support the rupee, forcing local banks to unwind bearish bets. This move, while strengtheni...
10 Apr, 2026, 01.38 PM 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
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...
11 Dec, 2024, 01.07 PM 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
China's state banks seen selling dollars for yuan in London and New York hoursChina's major state-owned banks were seen busy selling U.S. dollars to buy yuan in both onshore and offshore spot foreign exchange markets ...
17 Aug, 2023, 05.47 PM IST
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...
29 Aug, 2019, 08.51 AM IST
Rupee can depreciate further, can touch 73.09 in 1-2 months: Bhaskar Panda, HDFC BankYou cannot stand alone in a market where your peers or competitors are depreciating.
23 Aug, 2019, 03.36 PM IST
Yuan depreciation to make investors more wary of EM equitiesThe correlation between the MSCI EM index and China’s yuan reached a negative 0.66.
07 Aug, 2019, 07.42 AM IST
China, Japan defy textbook theories as falling currencies fail to lift exportsThat tepid demand means factories are yet to get a sustained shot in the arm from a currency that’s weakened 9 per cent against the dollar ...
01 Nov, 2016, 10.32 AM IST
Sinking yuan may drag down banksInvestors have good reason to worry as debt continues to explode and money keeps flowing out of the country.
12 Oct, 2016, 08.50 AM 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
Expect IT stocks to see consistent rally: Vinay KhattarOver the next six-eight months, even if yuan depreciates by another 3-4%, it will not have too much of an impact on domestic exporters, say...
20 Aug, 2015, 08.34 AM 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