📰 ET Markets 📊 EARNINGS 🕒 29 Oct 2026, 10:02 AM IST

Global Market: China’s yuan hits four-year high against dollar after Fed holds rates

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Core Development: Global Market: China’s yuan hits four-year high against dollar after Fed holds rates

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Market & Financial Impact: China’s yuan climbed to a four-year high against the US dollar, supported by the central bank’s firm guidance and the Federal Reserve’s decision to hold interest rates steady. The People’s Bank of China continued managing appreciation, while investors awaited the European Central Bank’s policy decision for further currency market direction.

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Actionable Insight: 📊 Earnings Focus: Assess quarterly EBITDA margins, year-over-year revenue, and management guidance.

Traders and analysts said the PBOC has gradually strengthened its daily yuan guidance this year.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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Global Market: China’s yuan hits four-year high against dollar after Fed holds rates

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