SHARJAH / WAM The House of Wisdom and the Manuscript monument, both launched by the …
Read More »Singapore to include Chinese investments in foreign reserves
Singapore / AP Singapore’s central bank said Wednesday it will make financial investments in the Chinese yuan as part of its official foreign reserves from June, reflecting the currency’s increasing international acceptance. The Monetary Authority of Singapore (MAS) said its decision “recognises the steady and calibrated liberalisation of China’s financial markets, and the growing acceptance of (yuan) assets in the …
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