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Yuan resilient amid USD depreciation | The Manila Times

AS multiple Asian currencies including the yen, won and rupee continue to depreciate against the US dollar, mainly due to the US Federal Reserve s (Fed) policy, the yuan has maintained its resilience in the foreign exchange market. ....

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US Fed to meet amid dwindling rate cut hopes

WASHINGTON: The US Federal Reserve is highly likely to keep interest rates unchanged later this week, as policymakers contend with a recent uptick in inflation that has sharply cut the chance of a summer start to interest rate cuts. ....

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