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Offshore
#yuan and onshore yuan both weakened below 7 against the US dollar, after the PBOC cut the yuan's fixing to 6.9249 versus the US dollar, the weakest level since January 13 and the biggest cut since August 2019. Offshore yuan is at 7.0142 this morning. 8/14Prikaži ovu nit -
Investors erased $420 billion from
#China’s benchmark stock index on Monday, sold the#Yuan and dumped commodities as fears about the spreading#Coronavirus and its#Economic impact drove selling on the 1st day of trade in China since the#LunarNewYear
.https://www.theepochtimes.com/shanghai-stocks-hit-by-370-billion-wipeout-as-virus-fears-pound-chinese-markets_3225117.html … -
What Are China’s Goals Behind Its Digital Yuan? via
@MarketforCrypto#china#yuan https://www.marketforcrypto.com/2020/02/03/what-are-chinas-goals-behind-its-digital-yuan/ … -
The
#yuan's central parity rate against the US dollar was down 373 basis points on Monday, the greatest drop since August 6, 2019, impacted by the#coronavirus outbreak. http://bit.ly/2tu2PCo pic.twitter.com/bA7d4URJRR
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The benchmark Shanghai Composite
#index lost $420 billion in value and the#yuan opened at its weakest level of 2020, sliding past 7 per dollar. The country’s central bank injected 1.2 trillion yuan ($173.8 billion) of liquidity into the markets on Monday. pic.twitter.com/KfFzpZMd3w
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CHINA’S STOCKS COLLAPSE - THE BIGGEST SINGLE-DAY DROP SINCE 2015 Meanwhile China’s stocks collapsed this morning with Shanghai's index posting its biggest single-day drop since 2015
#China#Stocks#Collapse#SingleDayDrop#ShanghaiIndex#Panic#Coronavirus#Investors#Yuan pic.twitter.com/02tpvwmJot
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The
#coronavirus outbreak is sending the#yuan down against the greenback. A Chinese financial expert says the yuan will rebound as soon as the disease hits a turning point. http://bit.ly/2tu2PCo pic.twitter.com/xAJnQ48kW1
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Yuan currency one month ago VS now
#yuan#CNY
pic.twitter.com/YTSUJJAa57
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#Forex -#Yuan Falls More Than 1% Amid Continuing Virus Worries pic.twitter.com/grZCGpJDIJ
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The
#yuan's central parity rate against the US dollar stood at 6.9249 on Monday, down 373 basis points compared with the previous trading day. It was the lowest level since January 13, 2020.#2019nCoV#Chinapic.twitter.com/4hJafX1w0G
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The problem begins.
#yuan fell below 7.00#CoronavirusWho#Chinapic.twitter.com/jjWPjkJ9An
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#China is to pump a net 150 billion#yuan ($22bn; £16.3bn) into its#economy on#Monday to help protect it from the impact of the#coronavirus outbreak.pic.twitter.com/F8BHblUb13
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Early trading in cash FX markets looks steady ahead of CME Globex futures open at 5pm CT. Dollar-yen just below 108.50 while dollar - offshore
#yuan around 6.99. China PBoC pledging hefty money market operations to support liquidity needs.Prikaži ovu nit -
#China's offshore#yuan (#CNY
) opens slightly stronger against the US dollar after massive #liquidity injection by the central bank before financial market open after the#ChineseNewYear
pic.twitter.com/JqGHTRDl7Z
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#Yuan#Coronavirus Back in 2010, leaving for Moscow from Vladivostok, I predicted that an economic and military conflict of international proportions could occur in China. My findings were based on an analysis of the situation in China, facts and information.Prikaži ovu nit -
23 Jan 1386: Zhu
#Yuanzhang becomes the#Hongwu#Emperor of#China, bringing in the#Ming Dynasty rule that would last for three centuries. His rule ended the#Mongol-led#Yuan Dynasty.#history#HistoryMatters#OTD#TBThursdaypic.twitter.com/mtNTbMSeQy
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1.2 trillion 