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Russian demand for China's currency has surged 8x with ruble-yuan trading volumes at record highs
Business Insider via Yahoo Finance· 2 years agoRussian President Vladimir Putin and Chinese President Xi Jinping.Alexei Druzhinin/Sputnik/AFP...
FOREX-Yuan leads rally in Asian currencies on China's economic bounce
Reuters via Yahoo Finance· 7 months agoBy Tom Westbrook SINGAPORE, Oct 18 (Reuters) - Asian currencies caught a boost from better-than-expected Chinese economic data on Wednesday, driving the yuan to a one-week high and putting a ...
FOREX-Greenback gains, Aussie tumbles after weak Chinese data
Reuters via Yahoo Finance· 2 years agoCommodities including iron ore slumped on concerns about reduced demand from China, which hurt currencies exposed to the assets, including the Australian dollar. “Concern about Chinese demand ...
20 Countries With The Largest Foreign Reserves in 2023
Insider Monkey via Yahoo Finance· 6 months agoIn this article, we will be taking a look at the 20 countries with the largest foreign reserves in...
FOREX-Dollar steadies after one-two punch from Aussie, Chinese yuan
Reuters via Yahoo Finance· 10 months agoThe dollar held mostly steady against the euro and the yen on Thursday, but dropped against the Australian dollar after domestic job data beat expectations, and against the yuan, which received ...
Emerging markets' FX reserves burn apace in race to defend currencies
Reuters via Yahoo Finance· 2 years agoEmerging markets have been consuming their stockpiles of foreign exchange reserves this year at a faster pace than in previous bouts of currency weakness as central banks fight to defend their ...
The end of King Dollar? The forces at play in de-dollarisation
Reuters via Yahoo Finance· 1 year agoRivalry with China, fallout from Russia's war in Ukraine and wrangling once again in Washington over...
FOREX-Currency markets steady before US inflation test
Reuters via Yahoo Finance· 2 weeks agoThe dollar consolidated against other major currencies on Monday as traders waited for U.S. inflation data that may help determine whether the Federal Reserve could lower borrowing costs in ...
HKEX's dual-counter model creates investment option for city's trillion-yuan deposits, boosts...
South China Morning Post via Yahoo Finance· 12 months agoWhen veteran stockbroker Tom Chan Pak-lam first entered the securities industry in 1993, the yuan...
UPDATE 1-Rouble firms after central bank flags forex intervention
Reuters via Yahoo Finance· 1 year agoThe Russian rouble strengthened on Wednesday after the central bank said it would start selling foreign currency on forex markets as early as Friday. The finance ministry said it had set aside ...
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