Tag: Central bank interventions
PBOC Sets USD/CNY Reference Rate at 7.1364: Analysis and Implications
The People's Bank of China (PBOC) has set the USD/CNY central rate for the upcoming trading session at 7.1364, slightly higher than the previous...
Predicting the Long-Term Dollar Decline: A Comprehensive Analysis
The recent decline in the dollar index has raised concerns about the long-term outlook for the US currency. Despite initial optimism surrounding Trump's economic...
Breaking Financial News
Saudi Aramco Reports 15% Drop in Q3 Profit, Dividend Maintained
Saudi Aramco, the state-owned oil giant, experienced a 15.4% decrease in net profit in the third quarter due to lower crude oil prices and...
