In recent days financial markets have been quite a few interesting events, especially the currency market. Here and today the people’s Bank of China unexpectedly showed the strongest since August last year, the devaluation of the yuan. As you know, stocks, and other risky assets are very sensitive to the …
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The people’s Bank of China on Monday weakened the yuan to the dollar by 0.3%, reports RIA Novosti. It is noted that this change was a maximum weakening since the end of March. The yuan made up 6,5120 per dollar, which is 222% more fixing 6,4898 installed last Friday. Recall …
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The confrontation between the U.S. fed and people’s Bank of China continues and, judging by the latest news, doubt that the Chinese regulator will send a clear signal to Washington, left. And most interesting is that the fed seems to respond to these signals. Only when there was a view …
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