# Most Asian units slip as trade tensions weigh, Indian rupee falls most

> Most emerging Asian currencies weakened against the dollar on September 3, 2019, as investors worried about the outcome of Sino-US trade talks. The Chinese yuan slid to 7.1825 per dollar in early trade, its weakest since 2008. The rupee fell 1.2% after weak Indian GDP data.

- Date: 2019-09-03 · published 2019-09-03T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/57386-most-asian-units-slip-as-trade-tensions-weigh-indian-rupee-falls-most
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A weaker yuan makes US and other imported farm goods more expensive for Chinese buyers and can dampen import demand. Persistent trade tension tends to weigh on feed commodity demand.

## Read by commodity

- USDCNY: bullish ▲
- USDINR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2023-01-17 | [Indian rupee weakens on yuan-led slide on Asian currencies - Markets - Business Recorder](https://feedsoft.ai/events/38053-indian-rupee-weakens-on-yuan-led-slide-on-asian-currencies-markets-business.md) | +1.3% | +1.8% |
| USDCNY | 2019-11-28 | [Yen gains, yuan falls as Hong Kong tensions heighten risk aversion \| Reuters](https://feedsoft.ai/events/56291-yen-gains-yuan-falls-as-hong-kong-tensions-heighten-risk-aversion-reuters.md) | +0.2% | -0.5% |
| USDCNY | 2024-04-04 | [Why is the rupee falling?](https://feedsoft.ai/events/31011-why-is-the-rupee-falling.md) | +0.0% | +0.1% |
| USDCNY | 2018-05-18 | [China's yuan set to post biggest weekly fall in 3 months as dollar tracks yields higher](https://feedsoft.ai/events/65231-china-s-yuan-set-to-post-biggest-weekly-fall-in-3-months-as-dollar-tracks.md) | +0.2% | +1.2% |
| USDCNY | 2018-07-30 | [China's falling yuan stokes currency tensions](https://feedsoft.ai/events/64267-china-s-falling-yuan-stokes-currency-tensions.md) | +0.3% | -0.1% |

## Sources

- indiatoday.in: https://www.indiatoday.in/business/story/asian-units-indian-rupee-1594881-2019-09-03

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.