Tag: state

China State Banks Expected to Sell US Dollars to Support Yuan – Sources

China's major state-owned banks were seen selling U.S. dollars to buy yuan in both onshore and offshore spot markets in early Asian trade on...

Chinese Yuan Bounces Back as State Banks Sell Dollars to Provide Support

China’s yuan rebounded from a near six-month low against the dollar on Friday, as some major state-owned banks sold the US currency to prevent...

Regional banks could potentially benefit from the debt showdown, according to State Street

Trillions of dollars stowed away in short-term US Treasuries are looking anything but safe as the debt ceiling deadline edges closer. That’s prompted an...

State Bank of Pakistan may increase interest rate to access IMF loan programme

The State Bank of Pakistan (SBP) is likely to raise the interest rate by 2 per cent at the ensuing meeting of the Monetary...

Italy 2022 state sector budget deficit at 66.9 bln euros

Jan 2 (Reuters) - Italy posted a state sector budget deficit of 66.9 billion euros ($71.30 billion)in 2022, 39.6 billion euros lower versus 2021,...

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