Yuan

China talks up digital yuan in push for multi-polar currency system

China will establish an international operation centre for e-CNY in Shanghai, People's Bank of China Governor Pan Gongsheng said

China pitches digital yuan to challenge dollar-led global currency system

To curb overreliance on a single currency, China is pushing for a multi-polar currency system with the digital renminbi at its centre

Russian rouble strengthens vs US dollar, Chinese yuan in thin holiday trade

At 1140 GMT, the rouble was up 2% at 81.1 against the U.S. dollar, LSEG data based on over-the-counter quotes showed

China's early Q2 dividend payouts to help ease Yuan's price swings

The payments, which require the firms to convert yuan into Hong Kong dollars, are set to rise to $36.1 billion for the April-to-June period

Rupee faces more pressure as weakening yuan raises depreciation risks

The Reserve Bank of India was ready to let the rupee weaken in line with the yuan after Donald Trump won US elections last year. The yuan has declined about 0.6 per cent against the dollar this month

Tracking Chinese yuan, rupee declines further; importers stock US dollar

The rupee fell by 0.5 per cent to settle at 86.26 per dollar, against the previous close of 85.86 per dollar. The Indian unit weakened 0.6 per cent on Monday

Amid Donald Trump's tariff offensive, China lets yuan slide to 19-month low

The onshore yuan fell to its weakest level since September 2023 as Beijing signals policy shift to support exporters and counter US trade pressure

Dollar holds ground as tariffs on China kick in but Euro, Yuan, AUD slide

Canadian dollar, Mexican peso down after Monday rebound

Rupee weakens amid yuan slide, potential equity outflows, trade concerns

Investors' focus will be the Federal Reserve's policy this week. The Fed is widely expected to make no changes to the policy rate and no new projections on inflation and rates are due at this meeting

Rupee logs 9th straight week of losses, analysts expect more weakness

The rupee may touch the 86-per-dollar mark in the short term, said Jigar Trivedi, a senior analyst at Reliance Securities, who recommends buying the dollar-rupee pair on every dip

Rupee hits all-time low pressured by weak Yuan, strong dollar bids

The RBI's frequent interventions have supported the rupee in the face of multiple headwinds, including a hawkish shift in the Federal Reserve's outlook for policy rates over 2025, concerns about India

Rupee weakens to new closing low of 84.87 due to rise in US Treasury yields

The rupee had settled at Rs 84.80 per dollar on Friday

Hurt by weak yuan, rise in US bond yields, Rupee logs record closing low

A decline in the yuan and elevated US bond yields had weighed on the rupee through the session and the currency declined further after the trade data was released

China's yuan eases after remarks at key economic meeting fail to inspire

China's 10-year and 30-year sovereign bond yields fell over 4 basis points each to record lows of 1.7650 per cent and 1.9950 per cent, respectively

Trump's trade adviser warns against China's attempt to manipulate currency

Peter Navarro, Trump's new senior counselor for trade and manufacturing, said White House would not interfere with the Treasury's review to see foreign trade partners are not manipulating currencies

Yellen says US will 'react strongly' to any currency manipulation

Asked about the potential for the Trump administration to try to weaken the dollar's value through a new version of the 1985 Plaza Accord, Yellen said that the Biden administration believes it's best

Chinese authorities may consider a weaker yuan as Trump trade risks loom

Letting the yuan depreciate could make Chinese exports cheaper, thus blunting the impact of tariffs, and creating looser monetary settings in mainland China

China to adopt proactive fiscal policy to spur economic growth in 2025

President Xi Jinping, at a symposium on Dec. 6, urged full preparation to achieve 2025 economic targets, and said the country's current development faces many challenges

Asian stocks rise to record highs on Wall Street; euro, yuan slump behind

The dollar received some support overnight from better-than-expected U.S. manufacturing data, which also showed a mitigation in price increases

Alibaba plans to raise $5 billion through dual currency bond issuance

The current dollar tranche would consist of a 5.5-year, 10.5-year and 30-year dollar bond, a term sheet seen by Reuters showed. Alibaba is also working on a 3.5-year, 5-year, 10-year and 20-year