You Searched For "China central bank" and got 20 results
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1 min read
China's yuan is tumbling amid US sanctions and as central banks boost dollar holdings
China's yuan fell to its lowest value against the ruble in a year as holders eye the impact of sanc…
Jennifer Sor
1 min read
Gold is getting so expensive that even China's central bank stopped buying
China's central bank did not add any gold to its reserves in May after 18 straight months of purcha…
Huileng Tan
2 mins read
The US dollar is so strong that China's central bank, among others, just keeps loading up on gold
Not just China, but other central banks including Turkey and India are loading up on gold, amid a s…
Huileng Tan
2 mins read
Gold prices have another 29% upside as China's central bank continues its buying spree, famed economist says
China has purchased about 181 tonnes of gold over the past year, and is now the sixth-largest holde…
Matthew Fox
2 mins read
Some central banks have sold gold at record prices, cashing in on the global boom
Gold prices have hit fresh record highs amid macroeconomic and geopolitical uncertainties.
Huileng Tan
3 mins read
De-dollarization is not working out in China, where businesses are hanging onto their US dollars
Despite discussions about de-dollarization, the US dollar still dominates global foreign reserves, …
Huileng Tan
2 mins read
The US dollar has become so weaponized that central banks are snapping up politically-neutral gold
Gold is seen as a politically neutral, safe asset, insulated from sanctions. China has doubled down…
Huileng Tan
2 mins read
Monsoon projections to ensure India's GDP growth forecast remains at 7% for FY'25: Asian Development Bank
The Asian Development Bank (ADB) on Wednesday maintained India's GDP growth forecast at 7 per cent …
PTI
1 min read
China slashes interest rates in a surprise move to boost its slumping economy
China cut several short- and long-term interest rates on Monday as its economy grapples with slower…
Kelly Cloonan
2 mins read
Indian government bonds to be included JP Morgan Govt bond Index from June 28
Indian government bonds are set to be included in the JP Morgan Government Bond Index, Emerging Mar…
ANI
2 mins read
China is leading a 'voracious' gold-buying spree as central banks try to shrink dollar reserves
China has bought 181 of 800 tonnes of gold purchased globally this year. The move underscores dedol…
Aruni Soni
4 mins read
India the third biggest gold buyer in May, after Switzerland and China: WGC
According to the World Gold Council's latest commentary, the month saw a resurgence in inflows, pri…
ANI
3 mins read
Western countries are lining up to name and shame China for overproduction
G7 finance chiefs criticized China's industrial overproduction, saying they will consider taking st…
Huileng Tan
3 mins read
People in China continue to buy gold even as the currency remains weak!
Record-high gold prices driven by global uncertainties and central bank rate cuts lead to increased…
Huileng Tan
1 min read
Chinese state-owned banks are propping up the yuan while the central bank signals currency weakness
Chinese banks have frequently sold dollars in the currency market this year to stem the yuan's decl…
Aruni Soni
2 mins read
China faces a reckoning as disillusioned Gen Z and millennial workers refuse to save for retirement: report
The New York Times reported that some young people in China have stopped contributing to pensions o…
Mikhaila Friel
2 mins read
Silver price gains are outshining gold's thanks to China's overproduction of solar panels
Silver prices have soared 35% to 12-year highs, outpacing gold's gains. The rally is driven by indu…
Huileng Tan
6 mins read
India could emerge as an economic superpower amid dull global economic landscape
IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…
ANI
5 mins read
Saudi Arabia looking to China for a lifeline for its futuristic city could mean trouble for the US
Saudi Arabia courting Chinese investors for help with its massive, futuristic city could make the …
Dan DeFrancesco
1 min read
India’s economic growth “very robust” as Western companies shift investment focus from China to India: UN expert
India's economic growth has been described as “very robust” by a UN expert, highlighting the countr…