Sentiment in Europe was also underpinned by the latest IFO indicator which showed that the upswing for the German economy
India is not using currency to gain unfair advantage
It's poised to give Beijing power to track spending, and money that isn't linked to the global financial system
China's digital yuan is an example of a central bank digital currency which aims to replace some of the cash in circulation
JD Digits, the company's fintech arm, will accept digital yuan as payment for some products on its online mall
Strong currencies reflect strong economies
The three-part deal also consisted of a 2 billion euro 10-year bond priced at 55 bps over the mid-swap rate
Over the past two years, China's currency has been whipsawed by volatile geopolitics, while traditional valuation metrics went to backburner
Hurdles for yuan's internationalisation to be removed; move to ensure steady liberalisation of capital account
The DC/EP system remains in a period of research and development, and that the pilots do not mean the PBOC has officially issued digital yuan
By including the yuan in its basket of leading currencies, the IMF gave China a legitimacy it did not deserve
The digital yuan can disrupt both traditional banking and the post-Bretton Woods system of floating exchange rates.
Bank treasuries, and perhaps the RBI are closely tracking the yuan movement, and are devising strategies accordingly
Argentina imploded. Beijing let the yuan slip to the lowest in at least a decade. Global central banks signaled they're spooked about slowing growth by rushing to cut rates
Early in Asian trading hours, US Treasury Secretary Steven Mnuchin said Washington would designate China a currency manipulator, its first such move since 1994
The yuan breached the key 7-per-dollar level for the first time in more than a decade, and President Donald Trump slammed it as "a major violation"
Trump did not reveal any specific US response. Some analysts said the yuan move could unleash a dangerous new front in the trade hostilities - a currency war
Scrapping of Kashmir autonomy, China yuan devaluation trigger fresh risk-off bets
China's central bank will use foreign exchange intervention and monetary policy tools to stop the yuan weakening
The yuan has come under intense pressure to fall as China became embroiled in a trade war with the US and loosened its monetary policy to bolster a slowing economy