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Chinese Yuan

Chinese Yuan latest

US dollar dips as EM currencies rise
November 21st, 2023 - 12:45 GMT

US dollar dips as EM currencies rise

ALBAWABA – The US dollar slipped further on Tuesday, having already slipped to the lowest level in months a day before, on optimism that the United States (US) Federal Reserve (Fed) is done hiking US interest rates for now. As the tumultuous year nears its end, emerging-market (EM) currencies are poised for their best performance since 2017 on a late rally of investors racing to lock in higher yields, while ...
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PBOC pins interest rate as Chinese Yuan rallies
November 20th, 2023 - 11:56 GMT

PBOC pins interest rate as Chinese Yuan rallies

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