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YUAN RECORD LOW
China's factory inflation hits 3-year high as energy costs surgeChina's producer inflation rose to a near three-year high of 3.9% in May, driven by higher energy costs and AI-related demand, while consum...- Global Market: Oil crisis and strong dollar intensify pressure on Asian currenciesAsian economies face a global energy shock. Policymakers are enacting emergency measures as currencies weaken and fuel costs surge. India u...
- Deep under China's coal basins, PetroChina is unlocking gas from rocksChina is unlocking a new energy frontier with coal rock gas extracted from deep within its coal basins. This ambitious multi-billion-dollar...
- Global Market Today: Asian stocks, US futures climb on tech optimismAsian stocks advanced, mirroring Wall Street's record highs driven by a tech surge and strong corporate earnings. Investors are closely wat...
- 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, ...
- Indian rupee gains, hedging costs dip as oil price cool-off offers reliefA drop in oil prices boosted the rupee and reduced hedging costs, easing pressure on importers and improving currency sentiment.
- Dollar kept aloft as another Trump deadline loomsThe dollar hovered near recent highs as traders awaited a U.S. deadline for Iran to open the Persian Gulf or face attacks. Escalating Middl...
- Dollar slips on yen and Swissy, yuan hits record lowThe dollar weakened against the yen and Swiss franc amid U.S. tariff threats on China, triggering global market jitters. Concerns over a po...
- Yuan hits record low, Mexican peso, Canadian dollar tumble on Trump tariffsChina's yuan hit a record low after the US imposed tariffs on China, Canada, and Mexico, sparking fears of a trade war. The US dollar surge...
- Rupee slips to record closing low on weaker yuan, broad-based dollar bidsThe Indian rupee slipped to its weakest closing level on record on Monday, pressured by a decline in the offshore Chinese yuan and broad-ba...
- Rupee drops to record low pressured by yuan slide, NDF dollar bidsThe Indian rupee hit an all-time low on Tuesday weighed down by a broadly stronger dollar and a slump in the offshore Chinese yuan to a one...
- Rupee ends at record low, traders expect gradual depreciation to persistThe Indian rupee declined to a record low at 83.7250 against the USD, pressured by dollar demand from oil companies, custodial banks, and w...
- Rupee ends little changed after touching record low; budget in focusThe Indian rupee closed nearly unchanged against the U.S. dollar, hitting an all-time low earlier in the session. Despite healthy portfolio...
- China's first deficit in foreign investment signals West's 'de-risking' pressureChina has reported its first-ever quarterly deficit in foreign direct investment (FDI), with a deficit of $11.8 billion in direct investmen...
- 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...
- Rupee inches towards record low on yuan weaknessThe dollar index on Monday reached 108.285, the highest since July 15. The offshore Chinese yuan dropped to 6.8518 to the dollar, the lowes...
- Will Yuan drive the Rupee?Rupee now appears to be heading to its record low against the dollar amid escalating trade tensions.
- Rupee slump to push India to seek Yuan trade settlementIndia-China trade is mainly settled in US dollars since currencies between the two nations aren’t directly convertible.
- Chinese scientist questions Indian's world record rice harvestYuan was reacting to Kumar's success story published by Guardian which carried a feature on the achievement of the young farmer from Naland...
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