AL DHAFRA / WAM H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al ...
Read More »China airlines to sell bonds as yuan weakens
Bloomberg China’s airlines, rushing to pare dollar debt as a weakening yuan adds to servicing costs, are selling local-currency bonds at the fastest pace since 2009 to trim their exposure to the greenback. The nation’s carriers, led by China Eastern Airlines Corp., have sold a combined 106.3 billion yuan ($16 billion) of bonds in the first seven months of ...
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