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China plans currency pooling scheme to counter US dollar dominance

The plan comes amid heightened worry in Beijing about the US dollar dominance and search by the global investors for safe harbours as the US embarked on monetary normalisation to tame high inflation.

Hong kongSouth koreaInternational monetary fundEuropean central bankCentral bankMonetary authority of singaporeAdministration of foreign exchangeInternational settlementsPeople bankChina dailyBank indonesiaStandard chartered bankHong kong monetary authorityMonetary authorityHong kong based south china morning postRenminbi liquidity arrangement

China Moots Yuan Pooling Scheme To Counter US Dollar Dominance, Signs Pact With Bank For International Settlements

China Moots Yuan Pooling Scheme To Counter US Dollar Dominance, Signs Pact With Bank For International Settlements
swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.

Hong kongSouth koreaInternational monetary fundEuropean central bankCentral bankMonetary authority of singaporeAdministration of foreign exchangeInternational settlementsPeople bankChina dailyBank indonesiaStandard chartered bankHong kong monetary authorityMonetary authorityHong kong based south china morning postRenminbi liquidity arrangement

Consolidation in FX featured

Overview: The strong equity market rally seen at the end of last week is carrying into today’s activity. Most of the large markets in Asia Pacific ros

United statesHong kongSouth africaSouth africanAsia pacificEurope stoxxInternational settlementsWorld bankFederal reserveUniversity of michiganAsian development bankChina national health commissionInternational energy agencyInternational finance corporationNational health commissionRenminbi liquidity arrangement

China moots yuan pooling scheme to counter US dollar dominance - Jammu Kashmir Latest News | Tourism

China moots yuan pooling scheme to counter US dollar dominance - Jammu Kashmir Latest News | Tourism
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