Beijing's advise to financial institutions to limit US Treasury bonds exposure helps boost yuan, local note against greenback, says analyst

Softer American demand for US Treasuries pushed yields lower overnight, hawkish views among US Fed officials supports greenback, says analysts

As long as US Treasury yields remain contained, Asia's foreign exchange markets can hold ground, says analyst

Economist foresees local note's potential return to 3.82 vis-à-vis greenback

Other countries like Thailand, Japan, South Korea also do the same

Bloc's meet reinforced regional stability, integration, strengthened market confidence, says analyst

Washington maintains reciprocal tariffs at 19 pct, Putrajaya refrains from banning, imposing quotas on critical minerals, rare earth elements to US

American NFP report delay will impact traders as they may not have latest data points to form opinions, says analyst

BEIJING, July 14 — China does not seek to gain an international competitive edge through currency depreciation, said the People's Bank of China's (PBOC) deputy governor Zou Lan, reported Xinhua.

KUALA LUMPUR, June 25 — The ringgit ended firmer today, supported by easing geopolitical tensions and weaker United States (US) economic data that continued to pressure the greenback.

KUALA LUMPUR, May 22 — The ringgit opened higher against the United States (US) dollar on Thursday as the greenback depreciated due to weaker US economic data recorded.

KUALA LUMPUR, May 14 — The ringgit closed firmer against the American dollar on Wednesday, supported by improved risk sentiment following a lower-than-expected United States (US) inflation reading and easing US Treasury yields.

KUALA LUMPUR, May 13 — The ringgit closed lower against the United States (US) dollar today as investors scaled back their expectations for the United States Federal Reserve (US Fed) to cut interest rates.

KUALA LUMPUR, May 10 — The ringgit is expected to stay weaker in the near term, given the optimism that a trade deal between the United States (US) and China, and perhaps the rest of the world, would be achieved within the 90-day pause period.

WASHINGTON, May 8 — United States (US) President Donald Trump's administration has imposed sanctions on a third Chinese independent - or "teapot" - oil refinery, and port terminal operators in China for purchases of Iranian oil.

WASHINGTON/BEIJING, May 7 — United States (US) Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer will meet China's economic tsar He Lifeng in Switzerland this weekend for talks that could be the first step toward resolving a trade war disrupting the global economy.

WASHINGTON, April 28 — The United States (US) imposed sanctions on three vessels and their owners on Monday for delivering oil and gas products to Yemen's Houthis, as Washington continues to put pressure on the Iran-backed rebels over their attacks on Red Sea shipping.

BEIJING/WASHINGTON/LONDON, April 12 — Beijing increased its tariffs on United States (US) imports to 125 per cent on Friday, hitting back against President Donald Trump's decision to raise duties on Chinese goods and upping the stakes in a trade war that threatens to upend global supply chains.

BEIJING/BRUSSELS/WASHINGTON, April 9 — China and the European Union (EU) announced new trade barriers on United States (US) goods on Wednesday in response to steep duties imposed by US President Donald Trump, escalating a global trade war that has hammered markets and raised the likelihood of recession.

WASHINGTON, March 20 — The United States today issued new Iran-related sanctions, targeting one individual and several entities including a Chinese “teapot” oil refinery for purchasing and processing Iranian crude oil, the Treasury Department website showed.