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The U.S. dollar's share of global currency reserves reported to the International Monetary Fund nudged lower to 57.7% in the first quarter of 2025 while the share of euro-denominated reserves gained, ...
Chinese corporates and households boosted their foreign-currency deposits last month to the highest in three years, as they ...
Yuan funding costs in Hong Kong surged to levels unseen in years, signaling concern that Beijing’s efforts to stabilize the currency may lead to tighter liquidity in the offshore market.
The dollar fell on Tuesday and the euro rose to its highest level since October 2021 after a ceasefire between Iran and Israel was announced, even as Federal Reserve Chair Jerome Powell repeated ...
Interest rates on peso notes are soaring across the board, piling pressure on banks amid a liquidity crunch caused by ...