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    Yuan drops through 7 per dollar as Sino-US trade war escalates

    Yuan drops through 7 per dollar as Sino-US trade war escalates

    05 Aug 2019

    China’s yuan tumbled to the weaker side of the key 7-per-dollar threshold on Monday, hitting its weakest since 2008, against the backdrop of a sharp escalation in the protracted US-Sino...

    Dollar dazzles after Fed rate cut move; global stocks falter

    Dollar dazzles after Fed rate cut move; global stocks falter

    01 Aug 2019

    The dollar pushed higher on Thursday following a modest US Federal Reserve rate cut, its first in a decade, which left investors doubting that there is much more easing in...

    Global markets firm as US Fed props up rate cut expectations

    Global markets firm as US Fed props up rate cut expectations

    19 Jul 2019

    Global stocks rose on Friday after a top Federal Reserve official cemented expectations of a US interest rate cut later this month, fuelling appetite for riskier assets and keeping a...

    China CB eyes steps to slow yuan decline to 7 per dollar

    China CB eyes steps to slow yuan decline to 7 per dollar

    20 May 2019

    China’s central bank (CB) will use foreign exchange intervention and monetary policy tools to stop the yuan weakening past the key 7-per-dollar level in the near-term, three people familiar with...

    Pak rupee loses ground in fresh round of depreciation

    Pak rupee loses ground in fresh round of depreciation

    17 May 2019

    Tariq Butt The Pakistani rupee hit a new all-time low of Rs149.35 to the US dollar in the inter-bank market on Friday. This is the second successive day when rupee...

    Pakistan rupee hits all-time low against dollar after IMF deal

    Pakistan rupee hits all-time low against dollar after IMF deal

    16 May 2019

    Pakistan’s rupee dropped to an all-time low of 146.5 to the dollar on Thursday, days after Islamabad announced it had reached an agreement with the International Monetary Fund on a...

    Turkey’s state banks sell over 1 billion dollars to support lira

    Turkey’s state banks sell over 1 billion dollars to support lira

    11 May 2019

    Turkish state banks sold more than $1 billion, sources said, helping the lira to firm more than 2 per cent at one stage and stem declines triggered by a decision...

    Stocks, dollar slip as Fed dents rate cut hopes

    Stocks, dollar slip as Fed dents rate cut hopes

    02 May 2019

    Europe's share markets struggled on Thursday and the dollar and bond yields trimmed overnight gains made after the US Federal Reserve dampened bets that it might be readying its first...

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