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yuan, Chinese
Chinese yuan hits strongest level against dollar in over 16 months as investors assess PBOC stimulus
China's yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to shore up the slowing economy.
Dollar hits 14-month low against euro, yuan dips
The dollar hit a 14-month low against the euro on Wednesday as traders bet that the Federal Reserve will make another large rate cut at its November meeting on weakening labor optimism, while the yuan eased on growing doubts about the impact of a new round of Chinese stimulus.
Chinese yuan hits strongest level against the dollar in over a year
China’s yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to shore up the slowing economy.
2d
on MSN
Yuan Strengthens Past 7 Per Dollar for First Time Since May 2023
The yuan rallied past the 7 per dollar milestone for the first time in 16 months as investors digested a raft of measures to ...
2d
China’s march to strong yuan is long and perilous
Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...
1d
on MSN
It could soon get a lot harder for Russia to deal in Chinese yuan
Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
devdiscourse
2d
Dollar Rebounds Amid Fed Rate Cut Speculations, Yuan Eases Post Stimulus
The dollar rebounded from a 14-month low against the euro, with traders anticipating another major Federal Reserve interest ...
14h
Rupee ends weaker; Fed policy path, yuan price action in focus
The Indian rupee ended lower on Friday pressured by month-end dollar demand from importers, with traders expecting the future ...
23h
Offshore Yuan Weakens Slightly After China’s Latest Monetary-Easing Measures
The offshore yuan weakened slightly against the U.S. dollar in the early morning Asian session after China’s latest monetary-easing measures.
devdiscourse
3d
Australian Dollar and Yuan Surge Amid Central Bank Policies
The Australian dollar reached its highest level of the year as the Reserve Bank of Australia reaffirmed its determination to ...
Business Recorder
2d
China’s yuan briefly crosses key 7 per dollar as market cheers stimulus
SHANGHAI: China’s yuan rose to a fresh 16-month high on Wednesday and briefly crossed the key 7-per-dollar level offshore, ...
18d
Russia's central bank and lenders tell each other to resolve the country's yuan supply squeeze
Russian banks are urging Russia's central bank to increase yuan liquidity through swaps. The central bank is advising lenders ...
7h
Wagers on stronger Indian rupee grow on dovish Fed outlook, yuan rally
Betting on a near-term rise in the Indian rupee has become costlier than wagering on its fall in the options market for the ...
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