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Euro

Central banks will accelerate rise of China's yuan, global survey shows
Markets

Central banks will accelerate rise of China's yuan, global survey shows

  • Global Public Investor survey, published annually by the London-based OMFIF think tank, shows 30% of central banks plan to increase yuan holdings over the next 12-24 months
  • In stark contrast to the yuan, 20% of central banks plan to reduce their holdings of the U.S. dollar over the next 12-24 months and 18% plan to reduce their euro holdings
Published 22 Jul, 2021 01:30am
YOUR RUPEE LAST MONTH
Markets

YOUR RUPEE LAST MONTH

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last month. (June 1 to 30,...
Published 11 Jul, 2021 04:01am