More countries landing in Chinese currency trap: Report

IANS | December 16, 2025 5:25 PM

New Delhi, Dec 16 (IANS) Countries that are switching to currency conversions and swap agreements in Chinese yuan for apparent short-term relief on interest rates are headed for trouble in long-term, as they end up with currency mismatches and tie up their national balance sheets closely to a financial system that lacks transparency and full convertibility, according to an article in Capital News.

Sensex, Nifty end lower on weak global cues

IANS | December 16, 2025 3:56 PM

Mumbai, Dec 16 (IANS) Indian equity benchmark indices ended lower on Tuesday as weak global cues and selling pressure in metal, realty and financial stocks weighed on market sentiment.