The offshore dollar-yuan exchange rate fell to a 14-month low at 7.0580 yuan, driven by a weaker US dollar and Russia’s first-ever yuan bond issuance, signaling growing yuan internationalization.
#YonhapInfomax
#DollarYuan #OffshoreExchangeRate #People'sBankOfChina #RussiaYuanBond #YuanInternationalization
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=93784
#YonhapInfomax
#DollarYuan #OffshoreExchangeRate #People'sBankOfChina #RussiaYuanBond #YuanInternationalization
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=93784