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YUAN DEPRECIATION FACTORS
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 ends at one-week high on likely inflows, tops Asian peersThe Indian rupee topped gains among major Asian currencies and settled at a one-week high on Thursday, aided by dollar sales from foreign b...
- 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...
- You may not be able to escape inflation pain in FY26Inflation is expected to be a major risk for FY26 due to high raw material costs, geopolitical tensions, and a weakening Rupee. Domestic pr...
- Chinese authorities are considering a weaker yuan as Trump trade risks loom, sources sayChina's top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher U.S. trade tariffs as Don...
- 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 ...
- China's yuan eases to 7-month low on weak fixing, hawkish FedThe yuan weakens against the dollar due to central bank guidance and speculation on USDCNY pair. Federal Reserve's hawkish stance delays in...
- Yuan ends domestic session at weakest since 2007 as outflow pressure buildsOn Friday, the central bank again looked to be shoring up the currency by setting guidance through its daily fixing that was stronger than ...
- Yuan hits 3-1/2-year high despite expectations of more policy easingThe yuan was changing hands at 6.3447 at midday, after hitting 6.3368, the highest level since May. 14, 2018. The People's Bank of China se...
- Yuan slide may end soon as China anniversary loomsThe yuan has tumbled 0.9 per cent over the past six sessions.
- China's central bank won't let yuan weaken past 7 to the dollarThe yuan fell to its weakest level since December on Friday.
- Good times for exporters as rupee fallsIn the past one year, the rupee has lost about 13 per cent against the Chinese Yuan, signalling better days for Indian exporters.
- Goldman warns China’s outflows may be worse than they lookYuan deposits in Hong Kong dwindled to a three-year low of 653 billion yuan in August, indicating some of the inflows are being used to buy...
- Damned if you do, damned if you don't! Rupee problem leaves D-Street puzzledIn the past one year, the currency has declined 6.4% on three major factors – the depreciation of the yuan, the appreciation of the dollar ...
- Rupee trades lower against US dollarThe rupee depreciated by 4 paise to 66.86 against the US dollar in early trade on Thursday after the Chinese central bank, PBoC.
- China welcomes yuan inclusion as reserve currency in SDR basketChina welcomed the IMF's decision to include yuan as its fifth reserve currency but dismissed concerns over depreciation amid economic slow...
- See scope for 2-3% further depreciation in yuan: Neeraj Gambhir, Nomura Capital IndiaOur guess is that yuan needs to move somewhere close to 6 per cent overall. We have already seen about 3 to 4 per cent of that.
- Rupee likely to hit 66/$ in coming months; yuan depreciation poses near-term risk: Radhika Rao, DBS Bank"We do have our DBS currency economist expecting the dollar-rupee to get into the 66 handle in the coming months," Radhika Rao, DBS Bank.
- This is just the beginning of a very dangerous game in ChinaChina has devalued its currency, the yuan, by 2%. In a statement, the People's Bank of China said that it would now allow the yuan to float...
- China revises up 2007 economic growth to 11.9 per cent: GovtChina on Thursday revised up its economic growth figure for last year to 11.9 per cent from 11.4 per cent, putting it closer to overtaking ...
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