Yuan overtaken USD as most used cross-border currency

webinarian

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27-04-2023, 02:36 PM

(27-04-2023, 11:12 AM)sgbuffett Wrote: Yuan will keep falling against USD as this dedollarisation and China release more Yuan trading partners and these are sold off for USD

It is due to lower bank reservation rate which is equivalent to lower bank interest rate.

US FED wanted to lower interest rate all the while but was forced to keep high due to inflation rate is high.

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Yuan overtaken USD as most used cross-border currency - by Everything Everywhere - 27-04-2023, 09:30 AM

RE: Yuan overtaken USD as most used cross-border currency - by Alice Alicia - 27-04-2023, 10:01 AM

RE: Yuan overtaken USD as most used cross-border currency - by starbugs - 27-04-2023, 10:13 AM

RE: Yuan overtaken USD as most used cross-border currency - by Tee tiong huat - 27-04-2023, 11:09 AM

RE: Yuan overtaken USD as most used cross-border currency - by sgbuffett - 27-04-2023, 11:12 AM

RE: Yuan overtaken USD as most used cross-border currency - by sogo - 27-04-2023, 12:24 PM

RE: Yuan overtaken USD as most used cross-border currency - by webinarian - 27-04-2023, 02:36 PM

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