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...
11 May, 2026, 02.16 PM IST
Rupee depreciation forces Indian firms to adopt Yuan payments, boost local sourcingIndian businesses are actively seeking ways to counter the weakening rupee. Companies are now making payments for Chinese imports in yuan, ...
19 Apr, 2026, 06.29 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
Yuan slides on report China considering weaker unitThe move triggered drops in regional peers, with the New Zealand dollar falling to the weakest in more than two years, while the Australian...
12 Dec, 2024, 05.32 AM IST
China asks banks to limit some Connect bond outflowsThe guidance "could reduce mainland capital flowing out through the bond market," said Ken Cheung, chief Asian FX strategist at Mizuho Bank...
25 Aug, 2023, 08.26 AM IST
Dollar firm, yuan slides after China unexpectedly cuts ratesThe yuan weakened as far as 7.3115 per dollar for the first time since Nov. 4 in offshore trading, before bouncing back as major state-owne...
15 Aug, 2023, 08.34 AM IST
Rupee weakens on yuan-led slide on Asian currencies"We can safely say that the rupee's recovery phase is over for the moment and its renewal will need a new trigger," a spot trader at a priv...
17 Jan, 2023, 05.11 PM IST
China's yuan slides to 14-year low after US rate hikesThe yuan has exceeded expectations it might fall to 7 to the dollar after the Federal Reserve started aggressive rate hikes to cool inflati...
28 Sep, 2022, 05.33 PM IST
China's yuan ends at new 26-month low in busy week for global cenbank meetingsHowever, the official guidance came in firmer than market projections, traders and analysts said, continuing a trend seen since late August...
19 Sep, 2022, 03.03 PM IST
Rupee weakens as yuan sinks to two-year lowThe offshore Chinese yuan declined about 0.5% to below 6.95 to the dollar, its lowest level since August 2020. The dollar's strength agains...
05 Sep, 2022, 04.05 PM IST
Yuan slide may end soon as China anniversary loomsThe yuan has tumbled 0.9 per cent over the past six sessions.
23 Aug, 2019, 08.02 AM IST
Dollar’s strength, trade war could stymie EM stock rallyThe MSCI EM index dropped 9 per cent in May, its worst performance since August 2015.
31 May, 2019, 08.23 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
China’s Yuan drops to a decade-low, 7 per Dollar now in sightThe currency declined as much as 0.15 percent to 6.9724 per dollar in Shanghai.
30 Oct, 2018, 12.25 PM IST
A soaring dollar could set off a currency war with ChinaAs interest rates have fallen to zero, money printing has proliferated and exchange rates have become one of the few remaining levers to st...
12 Aug, 2015, 12.59 PM IST
Top four factors weighing on markets; Sensex slips over 200 pointsThe S&P BSE Sensex plunged over 200 points in trade on Wednesday tracking muted trend seen in other Asian markets.
12 Aug, 2015, 11.13 AM IST
Air China's first half net profit slides 58 per centChina's flagship carrier Air China Ltd said irst-half net profit fell 58 per cent weighed down by a depreciating Yuan.
26 Aug, 2014, 05.28 PM IST