DUBAI / WAM Dubai Land Department (DLD) has announced the launch of Phase II of …
Read More »Global central banks use record amount of yuan via PBOC swaps
BLOOMBERG Global central banks tapped a record amount of the Chinese currency in foreign-exchange swap lines in the first quarter, in another indication of the yuan’s growing international status. The outstanding balance of all foreign currency swaps was 109 billion yuan ($15.6 billion) at the end of March, according to data released by the People’s Bank of China (PBOC). That …
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