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China lets currency sink to 11-year low after Trump threats BEIJING (AP) - China allowed its yuan to sink to an 11-year low Monday after President Donald Trump sent jittery financial markets tumbling by ...
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Hong Kong's Dollar Peg: How It Works and Why It's In Question Hong Kong's standing as a financial center rests partly on its decadeslong currency peg, in which officials tightly control the exchange rate against the ...
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Brink's updates on currency devaluation impact Brinks (NYSE:BCO) estimates peso currency devaluation could impact operating profit and adjusted EBITDA by $8M in 2019. SEC Form 8-K.
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Why is China's currency falling? China also expends vast amounts of its huge forex reserves to prop up the yuan in order to head off US charges that the currency is artificially weak.
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Bank of England governor Mark Carney says digital currency could replace dollars as global reserve Mark Carney, the Bank of England governor, has challenged the position of the dollar as the reserve currency of the world, saying it could be replaced ...
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Trump remark on China trade 'deal' averts broad sell-off China's currency has lost 3.8 per cent so far in August, putting it on track for its worst month since it moved to a managed floating exchange rate in ...
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