Traders defied China’s efforts to support the yuan, sending the currency to a one-year low on bets policymakers will have to ...
China’s currency is losing pace against the US dollar thanks to a wave of uncertainty following Donald Trump’s re-election.
The US dollar has unwound the gains scored late yesterday when Federal Reserve Governor Waller indicated he was still leaning toward a December rate cut.
Chinese companies’ foreign-currency debt load has shrunk significantly, reducing a key source of vulnerability as the yuan ...
In corporate news, and partly reflecting the auto sector shudder in Europe as trade war fears mount, shares in Stellantis ...
The People's Bank of China kept the medium-term lending facility rate unchanged at 2.0% on 900 billion yuan ($124.26 billion) ...
China could allow its yuan to depreciate by as much as 10-15% in response to any trade wars unleashed by President-elect ...
The rupee had depreciated 0.95 percent in the 10 months till November 5 and fell a further 0.73 percent within a month of ...
China's digital yuan faces adoption hurdles due to competition from mobile payment platforms like Alipay and WeChat Pay.
China's central bank said on Friday it conducted 800 billion yuan ($110.59 billion) of outright reverse repos in November.
Overview: The US dollar has extended the losses scored late yesterday when Federal Reserve Governor Waller indicated he was still leaning toward a December rate cut. The odds of a rate cut rose to ...