Global Banking Monitor

Saturday, April 20, 2024

Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees...

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI)...

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective...

Tag: yuan

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 May Decline Further to Boost Economic Revival

Disappointing economic data, widening yield differentials with the United States, upcoming corporate dividend payments and continued capital outflows through foreign selling of stocks and...

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...

Central Banks Engage in Unprecedented Yuan Usage Through PBOC Swaps

Global central banks tapped a record amount of the Chinese currency in foreign-exchange swap lines in the first quarter, in another indication of the...

China’s yuan touches 4-month high on optimism over economic …

SHANGHAI, Jan 3 (Reuters) - China's yuan hit a more than four-month high against the dollar on the first trading day of the year...

China approves 17 bln yuan hydro power plant in Qinghai province

BEIJING, Jan 2 (Reuters) - China Energy Investment Corporation said on Monday China's National Development and Reform Commission in Qinghai province has approved a...

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