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Rupee recovery to fade on yuan weakness, Trump worries
The Indian rupee, following last week's relief rally, is expected to decline on Monday, weighed by the dip in the Chinese yuan and persisting worries over U.S. President Donald Trump's trade policies.
A weakening yuan is testing Beijing's resolve as Trump's return fuels tariff worries
The question of how far and quickly the yuan will fall depends on Beijing’s resolve in countering Donald Trump’s tariffs with stimulus measures.
Weak yuan, Trump tariff threats confound Beijing's economic puzzle
Higher US tariffs under President Donald Trump could accelerate a slump in the value of China's currency, complicating recent efforts by Beijing to kickstart a rebound in its struggling economy,
Dollar rises on Trump’s renewed tariff threat-Currency Recap
The U.S. dollar rose on Tuesday, as concerns regarding global economies and potential trade wars continued to worry investors after U.S. President Donald Trump ramped up his tariff rhetoric. The greenback was up 0.
23h
BYD allots US$5 billion for forex derivatives trading to hedge risks from yuan volatility
The world’s largest EV maker is aiming to protect its growing global operations from yuan volatility amid rising trade ...
1d
on MSN
China central bank conducts 1.7 trln yuan of outright reverse repos in Jan
China's central bank said on Monday it conducted 1.7 trillion yuan of outright reverse repurchase agreements in January. The ...
MediaNama
10h
Bank of China Announces Investments Worth 1 Trillion Yuan to Develop AI Industry
Bank of China offers "special comprehensive financial support" to all types of entities in the entire AI industry chain.
11d
Vanke Is Said to Have Prepared Cash for Yuan Bond Payment
Developer China Vanke Co., which has a record amount of debt coming due, told some creditors prior to turbulence in the ...
4d
Morning Bid: Dollar swoons as BOJ hikes, euro zone grows, yuan relieved
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
8d
on MSN
China keeps benchmark lending rates unchanged as it contends with a weakening yuan
Beijing contends with a weakening yuan while awaiting policy clues from the incoming Donald Trump’s administration.
3d
This Hong Kong Newspaper Seller Is Preparing for a Yuan Crash
Currency traders looking for their next big idea could do worse than talk to Wong, who runs a news stand in Hong Kong’s ...
1d
China c.bank conducts 1.7 trln yuan of outright reverse repos in Jan
China's central bank said on Monday it conducted 1.7 trillion yuan of outright reverse repurchase agreements in January.
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