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Chinese state bank have been consistently accumulating foreign assets. The direction of pressure on China's currency has changed; without backdoor intervention it would now be getting stronger.
Emerging market currencies are softer except for central Europe, the Chinese yuan, and the Mexican peso. Click to read.
U.S. President Donald Trump ratchet up tariffs on Chinese imports to a prohibitive level of 145%, spurring a round of ...
The Indian rupee edged up on Tuesday, tracking gains in most Asian peers, as the dollar index dipped ahead of a key U.S. inflation reading, which is expected to provide cues on the Federal Reserve's ...
Chinese corporates and households boosted their foreign-currency deposits last month to the highest in three years, as they ...
Asian currencies traded largely flat on Thursday, weighed down by weak economic data from China and Australia, while investor ...
Market optimism for the Chinese currency continues to rise, with analysts projecting the yuan to appreciate further against the US dollar amid a stronger-than-expected domestic economy and growing ...
The offshore renminbi — the RMB traded outside the Chinese mainland market — jumped more than 460 basis points against the dollar to 7.1665 when trading closed on Wednesday, reporting the strongest ...
With the US dollar sagging, China’s central bank has strengthened the midpoint rate for the country’s currency in recent days.
30-year refi mortgage rates are wavering after retreating from their highest level since July 2024. Monday rate movement was mixed across refi loan types.
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