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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe Australian dollar is falling from the peaks of 2025, while the yuan falls. The rupee is also
falling.The Australian and New Zealand dollars were down on Monday as investors awaited clarification on trade negotiations between the United States and China, while a report on domestic inflation and an impending national election could offer some direction for the Aussie this year week. The New Zealand dollar also fell 0.2% to $0.5950, after gaining 0.4% last week to a five-month high of $0.6029. The resistance is around 60 cents.
The Chinese yuan fell against the dollar on Monday as investors carefully monitored the greenback's movements in global markets and the evolution of trade tensions between the world's two largest economies. As of 03:26 GMT, the onshore yuan was down 0.13% to 7.2960 per dollar, while its offshore counterpart was down about 0.09% in Asian trading at 7.2948. Before the market opened, the People's Bank of China (PBOC) set the median rate, around which the yuan is allowed to trade in a 2% band, at 7.2043 to the dollar, its highest level since April 8 and 785 pips firmer than the Reuters'
estimate of 7.2828.This week, the evolution of the Indian rupee and government bonds depends on the geopolitical fallout of the militant attack in Kashmir, according to traders. On Friday, the rupee oscillated between 85.09 and 85.65 per dollar, closing at 85.45. Equities fell from 0.7% to 0.9%, while the benchmark 10-year bond yield rose by 4 basis points to close at 6.3645%
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