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The U.S. dollar's strength pressures the pound, euro, and yen as tariff speculation rises with Trump's upcoming presidency.
Rupee declines to record low of 85.87 against USD amid rising oil prices and cautious investor sentiment following lower growth projections.
China's central bank poised to defend the yuan in 2025, learning from past devaluation missteps to stabilize its economy against the dollar.
Trump's policies anticipated to enhance US economic growth, benefiting the stock market and dollar by 2025.
The offshore yuan has fallen to a two-year low against the US dollar, increasing downward pressures on other Asian currencies amid global uncertainties.
The yuan reaches a two-year low as pressure mounts on Asian currencies due to a strong US dollar and uncertainties in global trade.
The Indian rupee weakened 5 paise to 85.69 against the US dollar, influenced by foreign fund outflows and dollar strength.
The Mexican peso saw a significant decline of nearly 23% against the US dollar, marking its biggest annual drop in 16 years.
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