Trends - Yuan - Business Recorder

Yuan

China's yuan firms on dollar weakness after Powell testimony

The global dollar index fell to 90.082 from the previous close of 90.117.

Published 24 Feb, 2021 10:22am

Markets

China's yuan firms as dollar dips ahead of Powell testimony

"If the exchange rate remains strong...this will continue to suppress exports and increase upward pressure on domestic asset prices.

Published 23 Feb, 2021 11:57am

Markets

China iron ore futures retreat as Tangshan city sounds pollution alert

"The strong pick-up in steel demand in 2021 amidst a robust and broad economic recovery will impede prices from crashing and will help them average at elevated levels this year," according to Fitch Solutions.

Published 23 Feb, 2021 11:49am

Markets

Yuan eases on dollar demand, capital outflow concerns

A trader at a Chinese bank said the market was wary of the global reflation trade against the backdrop of rising long-term US Treasury yields, which could be a headwind for the yuan.

Published 22 Feb, 2021 12:11pm

Markets

China rolls over 200bn yuan of medium-term loans, rate unchanged

The same amount of such MLF loans were due on Thursday.

Published 18 Feb, 2021 12:59pm

Markets

Dalian iron ore jumps 7% on China post-holiday demand outlook

Dalian coke gained as much as 5.7% to 2,751.50 yuan a tonne, the strongest since Jan. 25.

Published 18 Feb, 2021 11:57am

Markets

Yuan inches higher on PBOC's prudent stance and strong holiday sales

By midday, the global dollar index rose to 90.958, while the offshore yuan was trading at 6.4388 per dollar.

Published 18 Feb, 2021 11:56am

Markets

Dollar buoyed by US recovery hopes, bitcoin near record $52,640

"Rising US yields have stopped the dollar from declining for now," said Osamu Takashima, the Tokyo-based head of G10 FX strategy at Citigroup Global Markets Japan.

Published 18 Feb, 2021 11:54am

Markets

Dollar hits 5-month high against yen as inflation talk boost US yields

The British pound held firm at $1.3895, having reached its highest level since April 2018 on Tuesday. Against the euro, the pound traded at its highest level since early May at 87.02 pence per euro.

Published 17 Feb, 2021 01:20pm

Business & Finance

Dollar struggles in Europe

LONDON: The US dollar was mired at a three-week low on Tuesday as growing optimism about the outlook of the global...

Updated 17 Feb, 2021 09:34am

Markets

Dollar in doldrums as recovery optimism thrives

"When adding weak safe-haven demand as the global recovery gathers pace, some additional trimming of yen net long positions may be on the cards."

Published 16 Feb, 2021 12:20pm

Markets

Turkish lira firms on tight policy expectations

The lira firmed to 6.9480 at 0525 GMT from its close at 6.9680, rising some 7% so far this year.

Published 16 Feb, 2021 11:56am

Markets

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 13 Feb, 2021 04:11am

Markets

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 12 Feb, 2021 04:54am

Markets

Hong Kong stocks close at 3-week high on upbeat China data

The Hang Seng financial index gained 1.8%, leading the rally on Wednesday.

Published 10 Feb, 2021 01:45pm

Markets

China January FDI gains 4.6% y/y in yuan terms -commerce ministry

In US dollar terms, FDI rose 6.2% year-on-year to $13.47 billion

Published 10 Feb, 2021 12:04pm

Markets

Yuan slips from 10-day high as China enters Lunar New Year break

"With vaccines gaining traction, we expect the PBOC to start to pare back its credit-fueled stimulus efforts," Win Thin, global head of currency strategy at Brown Brothers Harriman, said in a note.

Published 10 Feb, 2021 11:10am

Markets

China’s iron ore futures rise on pre-holiday trade

BEIJING: Iron ore futures rose on Monday, with China’s benchmark contract extending a run of strong gains for a...

Published 10 Feb, 2021 04:12am

Business & Finance

China Jan new bank loans rise to 3.58 trln yuan, beat forecast

Analysts polled by Reuters had predicted new yuan loans would jump to 3.5 trillion yuan in January, up from 1.26 trillion yuan in the previous month and 3.34 trillion yuan a year earlier.

Published 09 Feb, 2021 01:26pm

Markets

China's yuan treads water ahead of Lunar New Year holiday

The Thomson Reuters/HKEX Global CNH index, which tracks the offshore yuan against a basket of currencies on a daily basis, stood at 96.8, weakening from the previous day's 96.85.

Published 09 Feb, 2021 11:46am

Markets

Copper rises as US stimulus optimism raises demand, recovery hopes

A $1.9-trillion COVID-19 aid package could be passed by US lawmakers as soon as this month just as coronavirus vaccines are being rolled out globally.

Published 08 Feb, 2021 10:24am

Markets

Japan rubber up

TOKYO: Japanese rubber futures rose on Friday, tracking the Shanghai market after Chinese authorities reported the...

Published 06 Feb, 2021 04:06am

Business & Finance

Foreign banks in China forced to reduce lending using overseas funds

BEIJING/SHANGHAI: Some foreign banks in China are forced by the latest Chinese regulations to significantly reduce...

Published 06 Feb, 2021 04:06am

Markets

China's yuan hits one-week low as recovery hopes lift dollar

The global dollar index rose to 91.567 on Friday from Thursday's close of 91.527.

Published 05 Feb, 2021 11:31am

Markets

China central bank resumes 14-day reverse repos, injects 100bn yuan

The last time the PBOC injected 14-day cash was on Dec. 24, 2020.

Published 04 Feb, 2021 11:52am

Markets

Foreign holdings of China govt bonds top 10% in January

But analysts expect the premium to drop as the United States embarks on renewed economic stimulus and as Chinese authorities pledge to continue supporting the economy with ample liquidity.

Published 04 Feb, 2021 10:41am

Markets

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 04 Feb, 2021 04:13am

Markets

China's yuan weakens, state banks seen buying dollars ahead of Lunar New Year

"We expect the PBOC to ease the tight liquidity situation in the next couple of weeks and interbank rates to return to more desirable levels," Nomura analysts said in a note.

Published 03 Feb, 2021 11:47am

Markets

Aussie dollar supported on risk sentiment, NZ dollar higher following surprise jobs data

Across the Tasman, the Kiwi dollar was trading 0.39% higher at $0.7218, after the jobless rate dropped unexpectedly to 4.9% from 5.3%, dampening prospects for further central bank rate cuts.

Published 03 Feb, 2021 11:38am

Markets

China stock climb

SHANGHAI: China stocks ended higher on Tuesday, as the central bank’s liquidity injection eased worries over tight...

Published 03 Feb, 2021 04:35am

Gainers
Losers
Leaders

Stock	Price
1st Dawood / Feb 25 First Dawood Investment Bank Limited(FDIBL)	3.50 ▲ 0.89 (34.10%)
First Equity Mod. / Feb 25 First Equity Modaraba(FEM)	4.05 ▲ 0.55 (15.71%)
Telecard / Feb 25 Telecard Limited(TELE)	7.88 ▲ 1.00 (14.53%)
Dewan Farooq. Spin. / Feb 25 Dewan Farooque Spinning Mills Limited(DFSM)	3.00 ▲ 0.35 (13.21%)
Saudi Pak Leas. / Feb 25 Saudi Pak Leasing Company Limited(SPLC)	1.69 ▲ 0.19 (12.67%)
TPL Corp / Feb 25 TPL Corp Limited(TPL)	8.10 ▲ 0.69 (9.31%)
Trust Sec.& Brok. / Feb 25 Trust Securities & Brokerage Limited(TSBL)	11.95 ▲ 0.95 (8.64%)
Gammon Pak / Feb 25 Gammon Pakistan Limited(GAMON)	13.59 ▲ 0.99 (7.86%)
Zephyr Tex / Feb 25 Zephyr Textiles Limited(ZTL)	13.59 ▲ 0.99 (7.86%)
Flying Cement Ltd / Feb 25 Flying Cement Company Limited(FLYNG)	14.10 ▲ 1.00 (7.63%)

Stock	Price
Adam Sugar / Feb 25 Adam Sugar Mills Limited(ADAMS)	28.30 ▲ -5.72 (-16.81%)
SME Leasing Ltd. / Feb 25 SME Leasing Limited(SLL)	3.15 ▲ -0.35 (-10.00%)
Emco Ind. / Feb 25 Emco Industries Limited(EMCO)	31.45 ▲ -2.55 (-7.50%)
John&Philips / Feb 25 Johnson & Phillips (Pakistan) Limited(JOPP)	40.70 ▲ -3.30 (-7.50%)
Jubilee Gen. Ins. / Feb 25 Jubilee General Insurance Limited(JGICL)	49.29 ▲ -3.99 (-7.49%)
Sana Ind. / Feb 25 Sana Industries Limited(SNAI)	68.55 ▲ -5.55 (-7.49%)
Int. Knit. / Feb 25 International Knitwear Limited(INKL)	13.97 ▲ -1.13 (-7.48%)
J.A.Textile / Feb 25 J.A. Textile Mills Limited(JATM)	14.10 ▲ -1.14 (-7.48%)
Shams Textile / Feb 25 Shams Textile Mills Limited(STML)	44.87 ▲ -3.63 (-7.48%)
Olympia Mills / Feb 25 Olympia Mills Limited(OML)	12.41 ▲ -1.00 (-7.46%)

Stock	Volume
Telecard / Feb 25 Telecard Limited(TELE)	35,854,000 ▼ 0.00
Byco Petr. / Feb 25 Byco Petroleum Pakistan Limited(BYCO)	34,224,000 ▼ 0.00
Unity Foods / Feb 25 Unity Foods Limited(UNITY)	32,364,414 ▼ 0.00
K-Electric Ltd / Feb 25 K-Electric Limited(KEL)	32,179,000 ▼ 0.00
TRG Pak. / Feb 25 TRG Pakistan Limited(TRG)	29,671,119 ▼ 0.00
Hum Network / Feb 25 Hum Network Limited(HUMNL)	25,286,000 ▼ 0.00
1st Dawood / Feb 25 First Dawood Investment Bank Limited(FDIBL)	18,558,500 ▼ 0.00
Worldcall / Feb 25 Worldcall Telecom Limited(WTL)	17,584,500 ▼ 0.00
Media Times / Feb 25 Media Times Limited(MDTL)	15,673,000 ▼ 0.00
Netsol Tech. / Feb 25 NetSol Technologies Limited(NETSOL)	14,112,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 25	158.85
USD PKR Interbank Buying / Feb 25	158.75
USD to Japanese Yen / Feb 25	105.95
USD to Swiss Franc / Feb 25	0.91
Pound Sterling to USD / Feb 25	1.41
Euro to USD / Feb 25	1.22
UK LIBOR % / Feb 25	0.08

Stock	Volume
S&P 500 / Feb 25	3925.43
India Sensex / Feb 25	50781.69
Tokyo Nikkei / Feb 25	29671.70
Nasdaq / Feb 25	13597.97
Hang Seng / Feb 25	29718.24
FTSE 100 / Feb 25	6658.97
Dow Jones / Feb 25	31961.86
Germany DAX 30 / Feb 25	13976.00
France CAC40 / Feb 25	5797.98

Item	Value
Crude Oil / Feb 25	63.55
Karachi Cotton Assoc. / Feb 25	11700.00
Gold 10 Grams / Feb 25	94864.00
Gold Spot / Feb 25	1802.60
Cotton / Feb 25	93.69

Yuan

China's yuan firms on dollar weakness after Powell testimony

China's yuan firms as dollar dips ahead of Powell testimony

China iron ore futures retreat as Tangshan city sounds pollution alert

Yuan eases on dollar demand, capital outflow concerns

China rolls over 200bn yuan of medium-term loans, rate unchanged

Dalian iron ore jumps 7% on China post-holiday demand outlook

Yuan inches higher on PBOC's prudent stance and strong holiday sales

Dollar buoyed by US recovery hopes, bitcoin near record $52,640

Dollar hits 5-month high against yen as inflation talk boost US yields

Dollar struggles in Europe

Dollar in doldrums as recovery optimism thrives

Turkish lira firms on tight policy expectations

Currency values in terms of Special Drawing Rights

Currency values in terms of Special Drawing Rights

Hong Kong stocks close at 3-week high on upbeat China data

China January FDI gains 4.6% y/y in yuan terms -commerce ministry

Yuan slips from 10-day high as China enters Lunar New Year break

China’s iron ore futures rise on pre-holiday trade

China Jan new bank loans rise to 3.58 trln yuan, beat forecast

China's yuan treads water ahead of Lunar New Year holiday

Copper rises as US stimulus optimism raises demand, recovery hopes

Japan rubber up

Foreign banks in China forced to reduce lending using overseas funds

China's yuan hits one-week low as recovery hopes lift dollar

China central bank resumes 14-day reverse repos, injects 100bn yuan

Foreign holdings of China govt bonds top 10% in January

Currency values in terms of Special Drawing Rights

China's yuan weakens, state banks seen buying dollars ahead of Lunar New Year

Aussie dollar supported on risk sentiment, NZ dollar higher following surprise jobs data

China stock climb

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