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    Foreign exchange

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    • Thursday, 28 September, 2023
      News in-depthNikkei Asia
      China’s top developers lost close to $3bn due to weakened renminbi

      US-dollar indebted Evergrande, Sunac and Country Garden head list of groups suffering forex risks

      A residential development built by Chinese developer Country Garden Holdings in eastern Anhui province, wih a semi-transparent 100 renminbi note overlay
    • Wednesday, 27 September, 2023
      Currencies
      Russia is increasingly using China’s currency to evade sanctions Premium content

      Also in this newsletter: why Bosnia should get rid of its Serb separatist leader before joining the EU

      An illustration shows the 100 Chinese yuan or Renminbi (RMB) note
    • Tuesday, 26 September, 2023
      Unhedged podcast13 min listen
      The strong US dollar gets stronger

      The dollar is increasing in value. How will it affect global markets?

    • Tuesday, 26 September, 2023
      Pound Sterling
      Sterling heads for worst month since Truss’s mini-Budget

      British pound declines as traders shift interest rate expectations

      The Bank of England in London
    • Sunday, 24 September, 2023
      Eurozone inflation
      How fast is eurozone inflation falling?

      Market Questions is the FT’s guide to the week ahead

    • Friday, 22 September, 2023
      Personal Finance
      Long-haul holiday costs fall for UK visitors

      Sterling surge helps cut local out-of-pocket bills

      Tourist boats in Hoi An, Vietnam
    • Friday, 22 September, 2023
      Currencies
      US dollar hits six-month high as markets accept new interest rate regime

      Stocks and bonds weaken after Federal Reserve signals rate cuts will take place only gradually

      US Twenty dollar bills
    • Friday, 22 September, 2023
      Bank of Japan
      Yen tumbles after Bank of Japan maintains ultra-low interest rates

      August data shows consumer price growth exceeded 2% target for 17th straight month

      Bank of Japan governor Kazuo Ueda
    • Wednesday, 20 September, 2023
      UK inflation
      Investors slash bets on UK rate rise after inflation falls to 6.7%

      Economists expected higher oil prices to push up inflation

      Someone holding a shopping basket
    • Monday, 18 September, 2023
      Gold
      China lifts temporary curbs on gold imports as renminbi recovers

      Spread between Shanghai spot price and London hit record $121 per troy ounce last week

      A picture of a one-hundred renminbi bank note
    • Friday, 15 September, 2023
      The Long ViewKatie Martin
      Euro’s weakness reveals the worries over the eurozone economy

      Not even the ECB’s increase in interest rates to a record this week could support the currency

    • Tuesday, 12 September, 2023
      FT News Briefing podcast9 min listen
      Why the euro is on a losing streak

      Google prepares for biggest US antitrust showdown since Microsoft

    • Monday, 11 September, 2023
      Renminbi
      China issues strong warning against bets on renminbi depreciation

      Currency rebounds from 16-year low as Beijing releases positive lending data earlier than usual

      Dollar banknotes with a 100 renminbi note
    • Friday, 8 September, 2023
      Euro
      Euro suffers eight-week losing streak as economy falters

      Steady decline against dollar reflects growing gulf with more robust US performance

      US dollar and euro currency bills
    • Friday, 8 September, 2023
      Chinese economy
      Janet Yellen says China has ‘policy space’ to boost its economy

      Treasury secretary indicates slowdown’s impact on US will be small as renminbi hits 16-year low against dollar

      US Treasury secretary Janet Yellen addresses the media ahead of the G20 summit in New Delhi, India, on Friday
    • Thursday, 7 September, 2023
      Chinese trade
      China’s renminbi hits 16-year low after exports tumble in August

      Beijing under pressure for more economic support as manufacturing sector struggles to pick up

      Container ships dock at cranes in Nanjing port in China’s eastern Jiangsu province
    • Thursday, 7 September, 2023
      South Korean business & finance
      South Korea launches samurai bond in Japan as bilateral relations improve

      Bank of Japan’s dovish monetary policy has made yen-denominated debt issuance attractive

      From left, US president Joe Biden, Japanese prime minister Fumio Kishida and South Korean president Yoon Suk Yeol
    • Wednesday, 6 September, 2023
      China and Japan push back against dollar strength

      People’s Bank of China sets renminbi trading band higher than expected while Tokyo warns against yen’s decline

      A hand holding $100 bills
    • Wednesday, 6 September, 2023
      Japanese economy
      Inflation worries fuel Japanese rush to buy gold

      Retail price hits record high above ¥10,000 per gramme as household attitudes to risk shift after years of deflation

      Gold bars
    • Monday, 4 September, 2023
      LexChinese business & finance
      China banks: renminbis for Russia heighten secondary sanctions risk Premium content

      Beijing’s mission to promote the currency could end up hurting Chinese lenders

      Blocks of renminbi notes being stacked
    • Friday, 1 September, 2023
      Chinese business & finance
      China boosts housing market and renminbi support

      Cheaper mortgages offered in biggest cities while central bank eases foreign exchange reserve requirements

      Hundred yuan note on a pile of US dollars
    • Friday, 1 September, 2023
      Markets InsightEduardo Levy Yeyati
      Argentina should beware the dollarisation fairy

      Impracticable and costly, such a currency shift would not be much more than a convenient sleight of hand

      Libertarian hopeful Javier Milei is ranked first in the country’s primary elections
    • Thursday, 31 August, 2023
      Trade SecretsAlan Beattie
      The fundamental reason China will struggle to dethrone the dollar

      Making a currency a global standard demands deep trust in its issuer’s openness and reliability

    • Tuesday, 29 August, 2023
      ExplainerRenminbi
      Can China arrest the renminbi’s slide?

      Currency has fallen 5% this year but investors expect further declines

      A picture of Chinese bank notes
    • Thursday, 24 August, 2023
      Turkish economy
      Turkey raises interest rates as it steps up decisive shift in economic policy

      Central bank continues to unwind unorthodox position favoured by Erdoğan as it seeks to stem runaway inflation

      A shopper browses garments in Istanbul
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