The Chinese yuan reached its highest point against the U.S. dollar in seven months due to a stronger Japanese yen and investors reversing carry trades. The weak U.S. labor data and potential Federal Reserve rate cuts contributed to the yuan’s rise. Future movements hinge on Chinese exporters’ decisions and domestic economic factors.
Honasa Consumer shares jump 7% as Q2 operating update points to strong growth
Honasa Consumer shares rallied after the company projected strong Q2 FY27 operating performance, with net sales growth expected in the early thirties, improving margins and
October 6, 2026