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China's central bank emphasizes yuan stability in response to depreciation risks amid global economic shifts.
The offshore yuan has fallen to a two-year low against the US dollar, increasing downward pressures on other Asian currencies amid global uncertainties.
In 2025, the rupee faces minor depreciation against the USD but is expected to outperform several other currencies amid stable reserves.
The rupee ends 2024 down nearly 3%, closing at a record low of 85.59 against the dollar amid weakening trends and capital outflows.
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