ஜேம்ஸ் ஹாசெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from ஜேம்ஸ் ஹாசெட். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In ஜேம்ஸ் ஹாசெட் Today - Breaking & Trending Today
Latest civil service & public affairs moves — June 28 civilserviceworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from civilserviceworld.com Daily Mail and Mail on Sunday newspapers.
World’s Traders Catapult China to FX Big League on Yield Appeal Bloomberg 2/22/2021 (Bloomberg) The Chinese renminbi’s accelerating transformation from a sleepy backwater of the foreign-exchange market into a currency fit to rival global peers has traders setting aside concerns about how much further it can go without reform and buying into its ascent. In London the world’s center of foreign exchange there’s more yuan changing hands than ever before. Options on the Chinese currency exceed those referencing the Japanese yen, and buying or selling the yuan is now as cheap as trading the British pound. Against this backdrop, there are signs the renminbi is playing an increasingly larger role in influencing broad dollar moves, according to Wells Fargo & Co. ....
In London the world’s center of foreign exchange there’s more yuan changing hands than ever before. Options on the Chinese currency exceed those referencing the Japanese yen, and buying or selling the yuan is now as cheap as trading the British pound. Against this backdrop, there are signs the renminbi is playing an increasingly larger role in influencing broad dollar moves, according to Wells Fargo & Co. There have been many false dawns in China’s quest for the yuan to challenge other major currencies. But underpinning the explosion this time lies a torrent of capital flowing into China’s markets, fueled by a frantic search for returns with over $14 trillion of debt globally paying less than 0%. ....
China’s yield appeal catapults yuan to global FX big league SECTIONS China’s yield appeal catapults yuan to global FX big leagueBy Susanne Barton and Robert Fullem, Bloomberg Last Updated: Feb 22, 2021, 07:50 AM IST Share Synopsis In London the world’s center of foreign exchange there’s more yuan changing hands than ever before. Options on the Chinese currency exceed those referencing the Japanese yen, and buying or selling the yuan is now as cheap as trading the British pound. Reuters There have been many false dawns in China’s quest for the yuan to challenge other major currencies. ....