Bloomberg The Chinese onshore yuan notched up its biggest rally in more than 13 years as the central bank allowed optimism over a “blue wave” in the US election to push the currency higher. Analysts are predicting more gains ahead. The onshore yuan advanced 1.58% in the first trading session of October after a national holiday, while its offshore counterpart ...

Bloomberg India’s central bank and the federal government have urged the nation’s Supreme Court to reject pleas by borrowers to extend a loan repayment holiday. The Reserve Bank of India (RBI) and the government filed their written views following an order by the court, saying the measures announced so far to increase liquidity and lower borrowing costs are having a ...

Bloomberg China will maintain “normal” monetary policy for as long as possible, according to the People’s Bank of China Governor Yi Gang. Policy makers plan to encourage a “reasonable” increase in household savings and incomes, Yi wrote in an article published on Saturday in the central bank’s biweekly magazine China Finance. The country will also make sure its liquidity stays ...