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Currency of reference


The rally in the yuan accelerated on Thursday, with the Chinese currency reaching its highest level since March 2016 against a basket of trading partners. The yuan rose 0.22% against a group of 24 exchange rates to 97.9819, surpassing its previous high in 2018, according to data compiled by Bloomberg. Against the dollar, the Chinese …

The US Dollar is lower with some key developments indicating further near-term weakness, such as USD / CNY – a key currency pair not only for Asia but also for the G10 – breaking key technical support to 6, 4000 without obvious sign of opposition from the Chinese authorities, economists of the MUFG Bank report. …

DELTA, British Columbia, May 25, 2021 (GLOBE NEWSWIRE) – WestBond Enterprises Corporation (TSX-V: WBE) is pleased to announce that the quarterly dividend of $ 0.02 per share will be paid on June 21, 2021 to shareholders of record on June 7, 2021. Dividends are eligible dividends for the purposes of the Income Tax Act (Canada). …

(May 25): China’s central bank has sought to clarify that it will not let the yuan strengthen too much, too quickly, as mixed signals from officials highlight the challenges posed by a currency exchange close to a three-year peak. The exchange rate will remain “fundamentally stable,” the vice-governor of the People’s Bank of China said …

Bank of England Governor Andrew Bailey criticized Lex Greensill – saying the Australian banker’s now bankrupt business was far less innovative than he claims. During today’s testimony before the Treasury Committee, Labor MP Siobhain McDonagh asked Bailey if potential claims were “the latest development of the 21st century in supply chain finance, or foresight. “. …

Marnie Griffiths / Getty The story of the world’s largest dogecoin holder may be less fun than social media investors and Elon Musk fans would like. A lead developer of Dogecoin told Insider that the so-called whale address is likely to belong to a crypto exchange. However, it is impossible to truly verify the owner …

PA Images / @ elonmusk / Twitter Elon Musk has said he still supports cryptocurrencies, after a series of comments in recent weeks appeared to cast doubt on their viability. Taking a break from posting Dogecoin memes last night, May 22, the Tesla CEO wrote in a cryptic tweet that “ all sufficiently advanced magic …

Cryptocurrency prices fell on Friday, extending the week’s sell off, after new comments from the Chinese government raised fears of regulatory crackdown in a country where most bitcoin is created. Bitcoin fell 12% to $ 35,263 and Ether fell 19% to $ 2,248.80 at 5 p.m. ET on Friday after the Chinese government, following a …

the Currency Counting Machines Market Report offers a clear understanding of the industry using primary and subordinate research methodologies. Both of these methods aim to cooperate with accurate data regarding market dynamics, historical events, and current market landscape. The data that was examined takes into account both existing top players and future competitors. Our Competitor …

– New highs for US PMIs take USD to weekend.– The USD index comes out of its low, helped by the EUR / USD.– The euro drops after the ECB said it was monitoring ZE yields. Image © Adobe Images GBP / USD reference rate at publication: Spot: 1.4154 Bank transfers (indicative guide): 1.3753-1.3850 Specialist …