China’s public offering funds totalled 27.6 trillion yuan (about $3.88 trillion) by the end of 2023, said …
Tag:
yuan
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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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FeatureInternational NewsNewsTech/AI
China plans to issue bonds to boost economy
by Nada Aliby Nada AliChina is considering one trillion yuan ($139 billion) of new debt issuance under a special sovereign bond …
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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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FeatureInternational NewsNews
Argentina to pay its IMF debt with yuan due to dollar shortage
by Nada Aliby Nada AliFor the first time, Argentina paid $2.7 billion to the International Monetary Fund (IMF) in a payment …
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FeatureFinancial Institutionsforex newsIndustry & TradeInternational NewsMoneyNewsTech/AIThe Watch
China’s central bank alerts against yuan speculation
The People’s Bank of China alerted on Wednesday against betting on the yuan, after its rapid drop …
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U.S. dollar jumped on Monday after a new batch of disappointing data from China bolstered global recession …
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China’s anticipated digital currency could encourage global use of the yuan, according to the chief executive of …
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Yen strengthened on Monday, thanks to bigger appetites for safe-haven assets as Washington and Beijing put additional …