Currency
China Accumulates Record Gold Reserves for Monetary Strategy
China is importing unprecedented quantities of gold as part of a broader strategy to reduce dependence on foreign currency reserves. The accumulation supports China's efforts to establish an alternative monetary architecture centered on the yuan.
Le Figaro Economie · South China Morning Post · CNBC
Asia
AI-generated 17h
Dollar Strengthens Amid Global Geopolitical Tensions
The United States dollar held near an 18-month high as geopolitical risks across the Middle East and Asia drove investors toward safe-haven currency assets. For Indian equity markets including the Sensex and Nifty 50, the strong dollar poses challenges by encouraging foreign capital outflows toward US investments.
Mint Markets