ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »Central banks cut most US debt since 2014 as dollar needs rise
BLOOMBERG Foreign central banks liquidated Treasury holdings at the fastest clip in nine years and tapped a key Federal Reserve (Fed) facility to raise cash as banking stress roils markets. Fed data show foreign official holdings of Treasury securities fell by $76 billion in the week through March 22 to $2.86 trillion. That’s the largest weekly decline since March 2014. …
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