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YUAN EXCHANGE RATE
Gold may fall to $3,800 on Fed hike risk; ETF outflows, weak Asia demand weigh: Deutsche Bank reportDeutsche Bank has significantly lowered its gold price forecast, warning of a potential drop to $3,800 per ounce if the Federal Reserve imp...
Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...
Dry-Bulk shipping rates extend decline as capesize demand coolsThis decline is attributed to cooling demand in larger vessel segments, particularly Capesizes, despite a strong first half of the year. An...
Global Market: Oil crisis and strong dollar intensify pressure on Asian currenciesAsian economies face a global energy shock. Policymakers are enacting emergency measures as currencies weaken and fuel costs surge. India u...
Dollar near one-week high as hot U.S. inflation fans Fed hike bets, peace talks stallGlobal markets felt the heat as a surprising U.S. inflation surge boosted Treasury yields, weakening the euro and sterling. Rising oil pric...
Investors say they want Trump and Xi to stay out of AI's wayThe tables have turned. There's little China is eager to discuss with Trump," said Yang Tingwu, vice general manager of Tongheng Investment...
Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall in next few days? Full explainer on Gulf conflict, Strait of Hormuz risks and global marketsWhy are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall in next few days? Oil prices climbed after new c...
CEA Nageswaran calls for capex push amid EV growth momentumIndia's top companies saw profits soar post-Covid. However, investments lagged. Chief economic adviser V Anantha Nageswaran called for corp...
Rupee falls to near one-month low as oil strain, importer hedging pile pressureThe Indian rupee weakened to a near one-month low on Tuesday, pressed by a stubborn rise in oil prices and sustained hedging by local impor...
Dollar hangs near six-week lows as investors bet on Iran peace dealExpectations of a possible Iran peace deal kept the US dollar near six-week lows as investors shifted toward riskier assets amid easing geo...
Global Market | Yuan rally pushes Chinese firms to record FX hedging levelsChinese companies are increasingly using foreign-exchange derivatives to hedge against a strengthening yuan, which threatens export earning...
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...
Yuan slide may end soon as China anniversary loomsThe yuan has tumbled 0.9 per cent over the past six sessions.
- Wider yuan trading limit for creating more stable environment: China
China said its move to widen the daily trading limit of its currency against US dollar is aimed at breaking one-way expectation of the yuan...
- IMF split in China yuan exchange rate debate
The IMF has softened its criticism of China's currency regime in recognition of Beijing's efforts to free up its exchange rate but the move...
- Chinese chequers
China is flip-flopping on the exchange rate of the yuan.
- World hopes China's yuan will rise, bring relief
Currency markets will closely watch Chinese exchange rates to see how far Beijing will allow the yuan to rise. China makes currency move | ...
- China's central bank says no one-off adjustment in currency
China's central bank today ruled out a one-off adjustment in the its tightly-controlled exchange rate.
- China hits back at US pressure on yuan
China's Foreign Ministry on Monday hit back at fresh calls by the United States for Beijing to let the yuan currency rise in value, saying ...
- Obama presses Hu on yuan exchange rate
US President Barack Obama on Monday called on China's President Hu Jintao to adopt a more "market-oriented" exchange rate for the yuan, a s...