BEIJING, Feb 13 (Reuters) - Buying U.S. Treasury bonds is an option — but not the only option — for China, which is aware that huge debt issuance by Washington would reduce the value of China’s existing portfolio, a banking regulator said in remarks published on Friday.

By David Yong
Feb. 13 (Bloomberg) — India’s rupee will weaken almost 10 percent to a record low of 54 to the dollar by the end of the year as the worldwide credit crisis curbs foreign direct investment, HSBC Holdings Plc said.

By Candice Zachariahs
Feb. 13 (Bloomberg) — The Australian and New Zealand dollars headed for weekly declines on concerns the U.S. stimulus plan may not be enough to ease a recession in the world’s largest economy.

By Ron Harui and Yasuhiko Seki
Feb. 13 (Bloomberg) — The dollar headed for a weekly advance against the euro and British pound on speculation a U.S. package to end the recession will fall short, spurring demand for the relative safety of the greenback and U.S. Treasuries.