People’s Bank of China
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UAE Central Bank renews $4.9 billion currency swap deal with China
Banking regulators sign initial agreement to enhance collaboration on central bank digital currency development The UAE Central Bank and the…
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Commodity market rallies amid sell-off pressure
Last week, Brent oil rose 2.2%, gold 0.2%, wheat 1.3% and coffee 7.1% International commodity markets rallied last week which…
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Central Banks Continue to Stock Up on Gold Amid Economic Uncertainties
Central banks added a net total of 55 tons of gold in July, despite Turkiye’s previous sales. The People’s Bank…
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China extends its gold shopping spree to five months, buying 18 tonnes in March
China’s appetite for gold remains insatiable as the latest data from the People’s Bank of China bought 18 tonnes of…
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China unexpectedly cuts interest rates to support COVID-hit economy
People’s Bank of China cuts medium-term lending rate by 10 basis points to 2.75%Tuba Sahin | 15.08.2022 The People’s Bank…
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Central banks of Turkey, China expand swap agreement
Total amount of agreement reaches 46B Turkish liras ($7.12B), 35B Chinese yuan ($5.47B), Turkey’s Central Bank says The Turkish Central…
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