SHANGHAI, - The yuan fell to a four-month low on Monday, as tariff threats and mixed purchasing managers' index data raised concern China's economy might need additional policy support. The onshore yuan dropped to a low of 7.2675 per dollar, its weakest since July 24, despite a private manufacturing survey on Monday showing China's factory activity expanded at the fastest …
The rupee appreciated 3 paise to settle at 83.43 against the U.S. dollar on Friday, tracking a weak American currency and retreating crude oil prices. Anuj Choudhary, Research Analyst, Sharekhan by BNP Paribas, said the rupee gained on a weak U.S. dollar and a decline in crude oil prices. The weak dollar was attributed to the U.S. Federal Reserve's decision …
