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DOLLAR VERSUS YUAN
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...- 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...
- AI boom drowns out war fears to fuel Asia’s great market divideAsia's markets are split: South and Southeast Asia grapple with rising oil prices impacting trade and stocks, while North Asia's tech giant...
- Indian market faces AI narrative problem; it'll be smallcaps over largecaps for next 5 years: Manish GunwaniIndian stock market valuations are attractive. However, global investor focus on Artificial Intelligence is diverting capital away from eme...
- Indian rupee sinks to record low of 12.33 versus offshore yuan in likely boost to competitivenessThe Indian rupee weakened to a new all-time low against the offshore Chinese yuan on Friday, a move that could boost competitiveness for a ...
- Dollar loses ground against safe havens as markets digest trade war dramaThe U.S. dollar weakened against the yen, Swiss franc and euro on Thursday but also against more risk sensitive currencies such as the Aust...
- Rupee strengthens as dollar weakens, ends at 83.69 against USDThe rupee strengthened moderately on Thursday, before touching a new low of 83.72, due to weaker dollar index, stronger Asian currencies li...
- China's yuan slips to fresh 7-month lows as outflows mountChina's yuan dips to a fresh seven-month low against the dollar due to portfolio outflows and speculation about the central bank's actions.
- Rupee at new low of 83.65 on strength in greenbackThe Indian rupee weakened to a record low against the US dollar due to broad gains in the American currency and corporate outflows. The Res...
- Short yuan-long rupee trades catch the eye, RBI unlikely to stay on sidelines"I have also noticed that since the beginning of the year, there has been a lot of interest in buying Indian rupees, not against the US dol...
- Dollar dips after recent gains; U.S. stocks advance with AppleThe dollar index's weekly winning streak would be its longest since 2014, bolstered by recent reports showing the U.S. economy remains resi...
- Chinese imports cheaper as rupee gains over yuanFrom March 31 to June 30, the rupee has appreciated 6% versus the Chinese currency, Bloomberg data showed. For the calendar year so far, th...
- Mood turns risk-off, rupee slips to 82.39Speculation of more US rate hikes following comments to that effect by members of the Federal Reserve also contributed to mounting robustne...
- Euro, riskier currencies buoyed as investor sentiment improvesThe trade-sensitive Australian and New Zealand dollars each rose about 0.7 per cent.
- China dilutes dollar role in currency basketAdditions include the South Korean won, the South African rand, the United Arab Emirates' dirham, Saudi Arabia's riyal, Hungary's forint, P...
- China's central bankers can create global fireworksWhile a weaker yuan would be positive for exporters, it leaves many Chinese companies in an increasingly precarious situation.
- Bucking the trend, rupee closes 26 paise higher at 66.22 against US dollarThe rupee closed at 66.22 per dollar versus 66.48 a day earlier. This has assumed significance especially when overseas investors exited eq...
- Yuan little changed versus dollar after stronger midpointThe yuan was little changed on Friday after the People's Bank of China set a stronger midpoint to reflect a drop in the US dollar index .
- Rupee is BRIC's second fastest growing currencyWith a surge of close to 11 per cent, rupee is only next to Brazilian real since the beginning of this year. Save money | Confluence 07 | B...
- Rupee ends at up at 40.60/dollarThe rupee on Tuesday closed at 40.60 to the dollar, against Monday’s close of 40.67/68. It had opened the day firm at 40.60/62.
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