ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received a ...
Read More »Offshore Yuan pares gains as trade data signals demand slowdown
Bloomberg The offshore yuan pared gains as a slide in imports prompted speculation that China’s central bank will ease monetary policy to boost consumer demand. A third monthly decline in exports also damped sentiment, showing the limitations of China’s strategy of boosting shipments by weakening the yuan against the exchange rates of its trade partners. The yuan earlier surged ...
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