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CURRENCY MIDPOINT FIXING
What happens when investors stop SIPs during crises–real investors, real panic, and the real cost of walking awayFrom a cancer diagnosis in Kolkata to a layoff in Bengaluru to Covid panic in Agra—real investors, real crises, and the real cost of walkin...
China's yuan hits 3-year high, stocks retreat, as investors await details from Trump-Xi summitChina's yuan reached a three-year high against the dollar as investors awaited outcomes from the Xi-Trump summit. While stock markets saw p...
China's yuan hits fresh 14-month high on dollar weaknessChina's yuan hit a 14-month peak against the dollar, buoyed by seasonal corporate demand and a weaker U.S. currency. Despite economic slowd...
Yuan trades near 10-month high on firm PBOC guidance, Fed outlookThe Chinese yuan is near a ten-month high against the dollar. The People's Bank of China is managing the yuan's appreciation. Analysts sugg...
China's yuan rises to 8-month high as PBOC moves to boost investor confidenceChina's yuan has surged to an eight-month high against the dollar, fueled by growing confidence in the Chinese economy and anticipation of ...
Aussie, New Zealand dollars get respite ahead of China's reopenThe Australian and New Zealand dollars held gains as Chinese markets resumed trade amid the U.S.-China trade war. Traders focused on the Pe...
China's yuan hits 5-month low, strong official fix limits lossesEarlier in the day, the central bank kept a key policy interest rate steady as widely expected when rolling over maturing medium-term loans...
China prepares to tweak yuan fixing process to slow its fall: SourceThe source, who is familiar with the yuan rate-setting process, said monetary authorities were prodding banks to include the so-called coun...
China's yuan ends near 28-month low, set for worst week since AprilThe U.S. dollar strengthened in global markets, with benchmark U.S. Treasury yields hitting an 11-year high overnight, as investors positio...
China's offshore yuan falls to two-year low of 7 per dollarThe dollar reached as high as 7.0188 yuan in offshore trade, its highest since July 2020, and was last up 0.35% at 6.9995.
Yuan ends domestic session near 3-year high, market gauges central bank toleranceChina's onshore spot yuan finished the domestic trading session at 6.4173 per dollar, its strongest such close since June 15, 2018.
Yuan extends losses, market awaits China reaction to Trump's tariff threatsThe guidance rate unexpectedly came in much lower than market expectations.
Yuan weakens to near 4-week low but seen levelling out for nowThe Chinese currency weakened for a second straight week last week, losing 0.6 per cent of its value against the dollar.
China's yuan rises after c.bank fixes midpoint at 11-month highPrior to market opening, the People's Bank of China set the yuan's midpoint at 6.6597 per dollar, the strongest level since Sept. 22, 2016.
Rupee rises 3 paise against the US dollar at 66.78The domestic currency had declined by 18 paise to 66.81 against the greenback on fresh dollar demand from banks and importers and also fore...
China's yuan firms 0.4%, set for strongest 1-day performance since MarchYuan firmed nearly 0.4% on Monday, set for its strongest one-day performance since March, as traders followed stronger guidance from the ce...
China's yuan hits highest since devaluation, boosted by firmer midpoint fixYuan rose against the dollar on Monday to its highest level since its surprise devaluation on August 11, after the central bank set a stron...
3 reasons why China's historic currency move is deflationary to the worldThe People's Bank of China fixed the yuan midpoint at 6.2298 against the dollar and weakened it 1.85% below yesterday's closing level.
China's yuan holds steady as corporates cling to dollarTraders said corporates and individuals are keeping more dollars on hand as investors bet on further policy easing after the central bank c...
China's yuan falls, seen remaining weak in the near termChina's yuan slipped against the dollar after the PBOC, which over the weekend widened the currency's trading band, set a weaker midpoint f...