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With a sale of Chinese yuan, Russia kicks off 2023 forex intervention
Reuters via Yahoo Finance· 1 year agoMOSCOW (Reuters) -Russia said it would resume foreign currency interventions with the sale of yuan...
China and Saudi Arabia sign a $7 billion currency swap agreement, adding to de-dollarization push
Business Insider via Yahoo Finance· 6 months agoAlexSava/Getty Images China and Saudi Arabia signed a currency swap agreement worth around $7...
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-Currency markets steady after yen breaches 2023 low
Reuters via Yahoo Finance· 9 months agoGlobal currency markets steadied on Monday after the yen hit its lowest level since November, leaving traders on the look out for Japanese government intervention to shore up the currency. The ...
FOREX-Dollar bid on global growth fears after weak Chinese data
Reuters via Yahoo Finance· 2 years agoChinese industrial output, retail sales and fixed-asset investment all fell short of analyst estimates in data published on Monday, as a nascent recovery from draconian COVID-19 lockdowns faltered ...
Dollar flat as investors digest China's loosening of COVID rules
Reuters via Yahoo Finance· 1 year agoBy Hannah Lang WASHINGTON (Reuters) - The dollar was flat on Tuesday after China said it would scrap...
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 ...
UPDATE 1-Russian central bank: Share of 'friendly' currencies forex trade up to 31% in Oct
Reuters via Yahoo Finance· 1 year agoThe share of so-called "friendly" nations' currencies, mainly yuan, rose to 31% of Russian foreign exchange market trade and the share of U.S. dollar/rouble pair trade fell to a historic low ...
Russia's central bank sold $47 million worth of Chinese yuan on Jan. 13
Reuters via Yahoo Finance· 1 year agoThe finance ministry and central bank said last Wednesday that they were going to sell the...