The People’s Bank of China (PBOC) announced 14-day reverse repurchase agreements (repos) on Sunday worth 135 billion …
Tag:
Chinese yuan
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FeatureInternational NewsNews
China’s public offering fund value reaches $3.88 tln
by Nada Aliby Nada AliChina’s public offering funds totalled 27.6 trillion yuan (about $3.88 trillion) by the end of 2023, said …
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FeatureInternational NewsNewsStocksWorld
Yuan bounces as China mulls market bailout
by Nada Aliby Nada AliThe Chinese yuan and Australian dollar rebounded slightly on Tuesday following Beijing plans to put about two …
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BanksFeatureforex newsInternational NewsNewsThe Watch
China’s major banks move to support yuan
by Nada Aliby Nada AliChina’s major state-owned banks are tightening liquidity in the offshore foreign exchange market to support the yuan, …
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BanksFeatureInternational NewsNews
China’s PBOC keeps LPR unchanged at 3.45%
by Nada Aliby Nada AliThe People’s Bank of China (PBOC) left the one-year loan prime rate (LPR) unchanged at 3.45 per …
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FeatureInternational NewsNewsStocksWorld
Yuan falls against dollar after PBOC holds rate
by Nada Aliby Nada AliChina’s yuan fell on Monday to a one-month low of 7.1813 per dollar after the People’s Bank …
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BanksEgypt NewsFeatureInternational NewsNews
Egypt’s net foreign reserves rise to $35.173 bln in November – CBE
by Nada Aliby Nada AliEgypt’s net foreign reserves increased by $72 million in November to reach $35.173 billion, up from $35.102 …
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FeatureIndustry & TradeInternational NewsNewsTech/AI
Putin: over 80% of trade between Russia, China carried out in Rubles, Yuan
by Nada Aliby Nada AliRussian President Vladimir Putin said on Tuesday that 80 percent of China’s trade transactions are in yuan …
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Africa NewsBanksEgypt NewsFeatureNews
AfDB grants Egypt $345 mln partial credit guarantees to boost green initiatives
by Nada Aliby Nada AliThe African Development Bank Group’s (AfDB) board has approved on Saturday Egypt’s Partial Credit Guarantee of $345 …
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BanksEgypt NewsFeatureNews
Egypt’s gold reserves record $7.372bln in February – central bank
by mohamed Hamdy & Nada Aliby mohamed Hamdy & Nada AliEgypt’s gold reserves, a major component of foreign cash reserves reached $7.372 billion at the end of …