© Reuters. HONG KONG – The United Arab Emirates and China have reinforced their financial ties with the renewal of a significant currency swap agreement and a pledge to deepen collaboration on Central Bank Digital Currency (CBDC) development. The Central Bank of the UAE (CBUAE) and the People’s Bank of China have extended their currency
O euro lost strength against dollar , after reaching its highest level in more than three months at 1.0966, and returned to testing the 1.09 range at night, after the release of the minutes of the Federal Reserve’s last monetary policy meeting, which proved to be more favorable to monetary tightening than
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READ 🇺🇸 x 🇨🇳 China’s Yuan overtook the Euro in world trade and “became the second most used currency in the global trade finance market in September, surpassing the Euro for the first time,” according to interbank tracker SWIFT. But the dollar remains more valuable than ever. FOLLOW MY SIGNAL لینک منبع : هوشمند
Milei, on the left, leads Massa in the final polls Latin America’s second largest economy heads to the polls today in a major election featuring an outsider taking on Peronist economy minister Sergio Massa. Javier Milei has made major waves in saying he would abolish the central bank and dollarize the economy. A similar experiment
© Reuters. Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Samuel Shen and Rae Wee SHANGHAI/SINGAPORE (Reuters) – Global companies are making a beeline for China’s debt markets, issuing record amounts of yuan-denominated bonds and borrowing heavily from mainland banks, capitalising on rock-bottom yuan
© Reuters. NEW YORK – The euro saw a slight uptick against the US dollar today, with the trading pair reaching 1.0883 amid a mix of economic indicators from both regions. The Eurozone’s current account results exceeded expectations, which provided some support to the single currency, while the US dollar struggled to gain ground following
© Reuters. TOKYO – Rintaro Tamaki, who served as Japan’s Vice-Minister of Finance for International Affairs from 2009 to 2011, reflected on past interventions in the currency market, particularly during the tumultuous period following the March 2011 earthquake and the Fukushima disaster. He highlighted these interventions aimed at stabilizing markets but also underscored the limitations
© Reuters Bangladesh’s central bank has reaffirmed its stance on maintaining a fixed exchange rate for the US dollar, as part of its ongoing efforts to stabilize the local currency and manage the dollar crisis that has intensified since the start of the financial year 2022-2023. Today, Bangladesh Bank (BB) engaged with representatives from leading
© Reuters. ZURICH (Reuters) – The Swiss National Bank responded on Wednesday to the U.S. Treasury removing Switzerland from its monitoring list of countries that appeared to be manipulating their currencies. The SNB said it noted the decision, which came in the Treasury’s semi-annual report into the currency policies of the United States’ major trading
