Most Asian currencies fell on Monday, with the yuan taking a huge hit as...
Russian Bank Successfully Bypasses SWIFT Using Chinese Yuan
Russian state-owned bank VTB announced on Tuesday that it had become the first Russian...
China Sets Yuan Rate below 6.9 per Dollar, Its Lowest Since 2020
The People’s Bank of China fixed the yuan's daily reference rate at 6.9096 per...
China Sets Stronger-than-Expected Yuan Fix after Currency Hit 2-Year Low
China took further steps to support its sinking yuan by setting its currency reference...
Strong Dollar Pushing Asian Central Bankers Pull Out All Weapons in Arsenal
The strong dollar posses increased risk to Asian currencies and pushing policymakers into action...
Morgan Stanley Warns on Underestimating Short Term Volatility of Asian Currencies, Suggests Pairs to Long
Asian currencies are more prone to larger losses in the short term as investors...