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China's central bank could be trying to shore up the yuan "Although China has been more open minded about its currency regime," Xie said by email. While Beijing is giving markets a "bigger role to decide ...
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RO households prefer holding their savings in foreign currency The stock of deposits held by Romanian residents in local banks at the end of July 2019 increased by 8.8% (4.5% in real terms) in year on year terms, ...
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RO banks accelerate lending in July, local currency lending gains ground The stock of non-government (private) lending increased by 7.9% year on year to RON 263 billion (EUR 55.6 bln) at the end of July, accelerating ...
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Trade, currency war weapons double-edged Its central bank, the People's Bank of China (PBoC) also allowed China's long over-valued renminbi (RMB) currency to fall below the RMB7 per dollar ...
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