Chinese Yuan

MUMBAI: The rupee breached the 77-level for the first time on Monday to hit an all-time low of 77.53 against the US dollar, raising concerns that a new front has opened up for the economy in the battle against inflation. If the rupee…

MUMBAI: The Fed rate hike last week resulted in the Dollar Index, which tracks the greenback's performance against a basket of currencies, hitting a 20-year high. Dealers expect the rupee to weaken by a couple of percentage points as they…

The Chinese yuan is making deeper inroads as a currency of choice for global payments, with international transactions climbing to their highest level ever. Payments using the renminbi, as the currency is also known, jumped to a record 3.2%…

The Indian rupee may be poised to get volatile vis-a-vis the US dollar as the talk of tapering gathers momentum, but the Reserve Bank of India's focus is more likely towards the movement of the rupee compared to how the Chinese yuan moves.…