ABU DHABI/WAM The UAE’s trade in telecommunication services increased by 4.3 percent in 2024, reaching ...
Read More »Beijing’s big yuan ambitions
As 2018 gets underway, China seems to be on top again. The yuan has strengthened 6.8 percent against the dollar over the past 12 months and foreign-exchange reserves are growing. Not so fast. Remember November 2015, when the International Monetary Fund — with some fanfare — agreed to add the yuan to its prestigious special drawing rights currency basket. Talk ...
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