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 jumps to 6-month high, breaches key threshold after Sino-US tariff truceThe Chinese yuan has surged to a six-month high against the US dollar. This follows an agreement between Beijing and Washington to halt the...
13 May, 2025, 11.27 AM IST
China lets yuan slide to support economyAmidst a deepening trade war with the US, China is strategically weakening the yuan against major currencies to prop up its struggling econ...
12 Apr, 2025, 01.31 PM IST
China's yuan slips to fresh 3-week low on trade worriesChina's yuan reached a three-week low against the dollar amid escalating global trade tensions. U.S. President Trump's increased tariffs on...
12 Feb, 2025, 10.29 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
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
China's yuan leaps to 7-month high, led by stronger yen, unwinding of carry tradeThe Chinese yuan reached its highest point against the U.S. dollar in seven months due to a stronger Japanese yen and investors reversing c...
05 Aug, 2024, 10.14 AM IST
China's yuan eases to 7-month low on PBOC's weak guidanceChina's yuan eases to a seven-month low against the dollar, set for a sixth straight monthly decline in June. The central bank guides offic...
25 Jun, 2024, 09.30 AM IST
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...
15 Apr, 2024, 09.25 AM IST
China moves to support yuan as stock markets tumble - sourcesChina's major state-owned banks moved to support the yuan on Monday, tightening liquidity in the offshore foreign exchange market while act...
23 Jan, 2024, 08.26 AM IST
Country Garden wins approval to extend another onshore bondCountry Garden, whose financial woes have hit the Chinese property sector outlook, earlier proposed to extend maturities of eight onshore b...
19 Sep, 2023, 08.48 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 FX regulator says will use policy measures to stabilise yuan expectationsChina's foreign exchange regulator said on Friday it will comprehensively use policy measures to stabilise market expectations, at a time w...
21 Jul, 2023, 10.07 AM IST
China's yuan bounces from 15-year low as dollar bulls retreatHowever, those losses were reversed in afternoon trade as the U.S. dollar sank from a one-week top against a basket of major peers, as the ...
01 Nov, 2022, 03.09 PM IST
China's yuan weakens to near 15-year low in aftermath of party congressU.S.-listed shares of Chinese companies slumped on Monday after President Xi's new leadership team sparked investor concerns that ideology-...
25 Oct, 2022, 08.28 AM IST
Why Yuan at 7/dollar risks inflaming trade warThat’s probably one of the reasons why China is now pushing back.
21 May, 2019, 08.04 AM IST
Yuan inches up vs dollar, jumps to 8-mth high against basketThe index, published on a weekly and monthly basis, stood at 95.14 last Friday.
07 Mar, 2019, 12.02 PM IST