Chinese companies are changing the way they trade the yuan

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

Yuan volatility has disappeared since mid-June, as investors assess the deadlocked China-US trade dispute and uncertainty over monetary policy. FMTNews

A gauge of one-month historical swings in the currency was the lowest among 30 major exchange rates on Friday. The yuan slipped 0.08% to 6.8792 a dollar as of 5:42 p.m. in Shanghai.

Still, looming events such as more trade negotiations next week and a potential interest-rate cut by the Federal Reserve this month will likely get traders busy once again.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Harvesting birds' nests, with crawlies and bats for companyThe Gomantong Caves system is home to highly sought-after white birds' nests – as well as cockroaches, scorpions and giant centipedes. FMTnews
Source: fmtoday - 🏆 5. / 72 Read more »

JPJ: Corporate companies can purchase special vehicle registration numbers... for RM5m | Malay MailPUTRAJAYA, July 26 — Corporate companies can now purchase special vehicle registration numbers for RM5 million, said Road Transport Department (RTD) Director-General Datuk Shaharuddin Khalid today. Shaharuddin said the purchase will allow corporate companies to have their own special vehicle... The PH government is always thinking of how to get more revenue for the country. The previous government was thinking of ways to suck money from the country.
Source: malaymail - 🏆 1. / 86 Read more »