Author name: Steve

Chinese yuan weakens amid continued capital outflows

## Understanding the Chinese Yuan’s Recent Decline The Chinese yuan, also known as the Renminbi (RMB), has been experiencing a weakening trend in recent times. This decline is largely attributed to continued capital outflows from China, which have been a significant factor in the currency’s depreciation against major currencies like the U.S. dollar. ### Capital

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Indian rupee slips despite RBI foreign exchange intervention

The Indian rupee has recently experienced a slip against the US dollar despite active intervention by the Reserve Bank of India (RBI) in the foreign exchange market. This situation highlights the complex dynamics at play in currency valuation and central bank efforts to stabilize their domestic currency. To understand what’s happening, it helps to look

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Dollar index touches 20-year peak as global investors flee risk

The U.S. Dollar Index (DXY) recently surged to a **20-year high**, signaling a significant shift in global investor sentiment as they increasingly seek safety amid rising uncertainties. This move reflects a widespread flight from riskier assets toward the relative security of the U.S. dollar, which remains the world’s primary reserve currency. So, what’s driving this

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Australian central bank pauses rate hikes amid growth concerns

## Australian Central Bank Pauses Rate Hikes Amid Growth Concerns The Australian economy has been navigating a complex landscape, with the central bank, the Reserve Bank of Australia (RBA), playing a crucial role in managing economic growth and inflation. Recently, there has been a significant shift in the RBA’s approach to monetary policy, as it

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