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VERY HIGH Source: covid.gov.pk
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Yuan

Yuan nears 1-week low
Markets

Yuan nears 1-week low

SHANGHAI: China’s yuan touched a near one-week low against the dollar on Monday, as investors cautiously awaited...
Published 27 Jul, 2021 04:40am
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