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Remember that the ECB’s mandate is price stability, but inflation in the euro area has exceeded 22% in the past four years.
China's central bank will not allow sharp yuan declines and has asked major state-owned banks to reduce U.S. dollar purchases ...
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China has vowed to fight Trump tariffs to the end, which could lead to more liquidity that will potentially boost Bitcoin.
China's central bank will not allow a significant decline of the yuan and has urged major state-owned banks to scale back U.S. dollar purchases.
SHANGHAI -- China's currency fell to its lowest level against the U.S. dollar in 19 months on Tuesday after the central bank set its reference rate weaker amid a rapidly escalating trade war.
That could change with the PBOC explicitly setting the daily mid-point beyond the 7.2 level. In other words, the move signals ...
The first daily fix for the renminbi’s dollar trading band this week reveals much about China's thinking in the short-term ...
BEIJING] China’s central bank will not allow sharp renminbi declines and has asked major state-owned banks to reduce US ...