📰 ET Markets 🟢 BULLISH 🕒 09 Oct 2026, 10:00 AM IST

Global Market: Yuan strengthens as dollar retreats; China pushes back against undervaluation claims

⚡ Instant Key Takeaways (TL;DR)

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Core Development: Global Market: Yuan strengthens as dollar retreats; China pushes back against undervaluation claims

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Market & Financial Impact: The Chinese yuan strengthened against the US dollar as the greenback retreated from an 18-month high. Beijing defended its currency policy amid European Union trade negotiations, rejecting undervaluation claims. Supported by strong exports and foreign capital inflows, the yuan has gained 4.4% this year, with authorities favouring stability and gradual appreciation.

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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

China's central bank on Thursday rejected foreign criticism that the yuan was undervalued.

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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 ↗

Global Market: Yuan strengthens as dollar retreats; China pushes back against undervaluation claims

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