Searched for
YUAN DEPRECIATION
Yuan set for first weekly loss in six weeks as equity rout dents sentimentChina’s yuan headed for its first weekly decline in six weeks as weaker PBOC guidance and a sharp equity selloff hurt sentiment. While the ...- Lenskart Q2 net profit more than doubles to Rs 232 crore, revenue rises 36%The company’s net profit rose 125% to Rs 232 crore, compared with Rs 103.45 crore in the year-ago period. Profit before tax more than doubl...
- Lenskart Q2 Results: Profit zooms 122% YoY to Rs 227 crore; revenue grows 36%Lenskart Solutions achieved a net profit of Rs 227.08 crore in Q2FY27, reflecting a 122.1% YoY increase. Revenue from operations rose to Rs...
- Rupee rises 46 paise to 94.45 on India-US trade deal hopes; oil prices cap gainsThe rupee gained 46 paise to 94.45 against the dollar on optimism over a potential India-US trade deal and RBI measures. However, elevated ...
- Why the rupee remains under pressure despite lower CAD?The Indian rupee has depreciated significantly this year and is expected to weaken further due to global conditions. Despite improvements i...
- Global Market: Hong Kong dollar nears weak side of trading band, raising prospect of HKMA interventionThe Hong Kong dollar neared the weak end of its trading band against the US dollar, raising the possibility of Hong Kong Monetary Authority...
- Global Market: China's yuan holds near 3-year high despite strong dollar; PBOC fixing supports currencyChina’s yuan remained near a three-year high against the dollar, supported by central bank guidance and strong foreign exchange settlement....
- Global Market: China stocks hit over one-year low as AI selloff deepens; Hong Kong reboundsChinese blue-chip stocks fell significantly, marking their lowest point in over a year. The CSI300 Index decreased by 1.3%, while the Shang...
- Global Market: Singapore likely to tighten monetary policy as growth and inflation risks mountSingapore’s central bank is widely expected to tighten monetary policy on October 14 as resilient economic growth and rising inflation risk...
- Global Market: Yuan strengthens as dollar retreats; China pushes back against undervaluation claimsThe Chinese yuan strengthened against the US dollar as the greenback retreated from an 18-month high. Beijing defended its currency policy ...
- China has no need or intention to weaken yuan for trade edge, central bank saysChina's central bank stated it does not intend to depreciate the yuan for competitive trade advantages. It emphasized that the market plays...
- Global Market: Yuan hits 4-year high as traders bet on further gainsChina’s yuan strengthened to four-year highs against the dollar, supported by strong exports, exporter dollar conversions and expectations ...
- 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...
- 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 ...
- 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...
- 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.
- Sinking yuan may drag down banksInvestors have good reason to worry as debt continues to explode and money keeps flowing out of the country.
- 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...
- 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...
- 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.
Load More
