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Interest rates and exchange rates when the money supply goes up
19 May 2024 23:54 GMT
… there is a sharp devaluation of the currency relative to goods or … the actual correlation between monthly money growth rates and exchange rates … the overall value of the yuan during these days. The … their estimate for the US dollar is two basis points, very …
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‘Museveni dollar’ comes into play in currency reform, exchange programme
19 May 2024 12:34 GMT
… article, ‘Devaluation Cure: A Bitter Pill for Sick Money in Black … rate – Shs1,400 to the dollar. The effect was disastrous.
“ … was soon christened the “Museveni dollar” even when he had departed … their images printed on the currency notes of their respective …
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‘A musical sausage factory’: The million-dollar business behind elevator music
19 May 2024 02:52 GMT
You must have noticed the tune, unless you’ve spent the last few years hiding in the mountains, or lost in the desert. There’s a universal soundtrack that’s lurking at all times… and it’s not reggaeton.
We’re talking about versions of pop and rock anthems, …
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CBM to sell 10M yuan for exporters, importers on online trading platforms
18 May 2024 22:38 GMT
… (CBM) will sell ten million yuan for exporters and importers on … $3 million, two million yuan and 54 million baht into … $18 million, 12 million yuan and 312 million baht in … exchange market and stopping the currency devaluation.
According to CBM’s notification …
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From med to mild steel, dollar jump fuels a manufacturing nightmare
18 May 2024 19:50 GMT
… prospects and a deepening dollar crisis fuel their anxieties. … news of the taka devaluation broke, a company raised … quot;Fluctuations in foreign currencies like the dollar and fuel prices … dollar issue, he called for reduced dependence on a single currency …
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Week Ahead: After Rallying Since Mid-April, Are The G10 Currencies Tired?
18 May 2024 18:27 GMT
… the yen being the only exception among the G10 currencies since … , the kind of large devaluation some think Beijing is preparing … range. Against the offshore yuan, the dollar looks poised to test … left sterling down by about 0.2% against the dollar this …
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China's Moves Away From US Dollar Hit New Milestone
18 May 2024 12:33 GMT
… a strategic shift away from dollar assets.
In the first … economy without risking the devaluation of the yuan.
U.S. … evidence suggesting the the dollar share in China… strategic weakening of its currency, the yuan. Devaluation could make Chinese exports …
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Is another Asian currency crisis coming? Keep an eye on China’s yuan
18 May 2024 08:48 GMT
… world’s currencies have been under pressure from the dollar” which has … yen has depreciated much more rapidly versus the dollar than their own currencies … a major yuan devaluation to improve competitiveness versus the Japanese yen and the …
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The dilemmas of the dollar in a volatile market
17 May 2024 21:25 GMT
… yen teetering on the brink of collapse and China potentially contemplating devaluation … , a strong dollar against the yen seems justified.
… strengthened the yen to 154 per dollar, exemplifies this … the dollar’s strength against Asian currencies has stirred …
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CBM injects US$5M, 7.5M yuan, 30M baht on online trading platforms
17 May 2024 22:01 GMT
… $5 million, 7.5 million yuan and 30 million Thai baht … injected $3 million, two million yuan and 54 million baht into … sold $18 million, 12 million yuan and 312 million baht in … forex market and stopping the currency devaluation.
In line with CBM’s …