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Cross-Currency Basis: An Eventful Year, But Year-End Should Be Quieter The cross-currency basis is the excess premium (or discount) factored into the quoted price of a basis swap (or an FX forward). It is the residual that ...
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Cuba's efforts to curb the spread of Covid-19 is breaking its fragile economy Foreign currency is relied on to import approximately two-thirds of food consumed in Cuba. Now that the foreign currency exchange has sharply ...
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China eases rules, widens US$222 billion inbound investment path, offering the renminbi as a safe ... Last quarter, the local currency appreciated 3.9 per cent, its best in more than a decade. Over the past 12 months, it has risen 5.4 per cent, trailing the ...
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