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Tag: Bank of China

Oil slips to two-week low as China weakness outweighs tight supplies (NYSEARCA:XLE)

Energy logged Tuesday's biggest stock sector decline, as U.S. oil futures slipped below $81/bbl in thin trading following another...

Yifan He: decentralize the eRMB to make it useful

One of China’s leading blockchain executives says his company is running proofs of concept to decentralize use of China’s digital yuan – by tackling how...

China’s PBOC expected to set Yuan midpoint at 7.2023 per dollar: Reuters estimate | Forexlive

Yesterday the midpoint was expected at 7.2198 per dollar. The actual was a lot lower at 7.1588. People's Bank of China USD/CNY reference rate...

Reuters estimate suggests China’s PBOC likely to establish Yuan midpoint at 7.2023 per dollar

China's central bank, the People's Bank of China (PBOC), is expected to establish the midpoint for the yuan at 7.2023 per dollar, according to...

China’s blockchain agenda marches on – without tokens

Claude Huang contributed to this story. China is racing ahead with blockchain-related projects in a bid to reshape its digital infrastructure, but without the...

China’s Yuan Eases to 1-Week Low

In recent times, the yuan price has been experiencing fluctuations, raising economic concerns in China. The value of the Chinese currency against other major...

How AI Can Improve the Investing Process | A Simple Model

Occasionally the Wall Street Journal tests Burton Malkiel’s hypothesis that a chimpanzee picking stocks at random should perform as well as human professionals. The...

XRP triumphs over SEC, but crypto clarity remains in the shadows

In this issueRipple Labs: More turbulence ahead?Forkast 500 NFT Index: Entering a historically slow periodHong Kong’s goes back and forthFrom the Editor’s DeskDear Reader,The...

Cash-for-Metaverse: How China’s Digital RMB And Metaverse Strategy Could Circumvent Sanctions – CryptoInfoNet

IntroductionOn February 27, the State Council of the People’s Republic of China released its Digital China Plan (数字中国建设整体布局规划), outlining China’s latest strategy for its...

More on China’s state media commentary on tools to deal with ‘panic’ yuan sell off | Forexlive

It's a mystery to me why the People's Bank of China would be referring to a panic sell in yuan, and yet here we...

AUD/USD snaps four-day uptrend near 0.6680 on downbeat China Caixin Services PMI, Fed Minutes eyed

Share: AUD/USD appears hesitant during fifth price-positive day ahead of Fed minutes. China Caixin Services PMI slides to 53.9 in June....

Offshore yuan has weakened after the PBOC set the CNY stronger again | Forexlive

The People's Bank of China set the reference rate stronger than expected for the onshore yuan again today:Offshore yuan, CNH, initially followed a little...

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