Scaling China’s Hidden Intervention In the Foreign Exchange Market
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Scaling China’s Hidden Intervention In the Foreign Exchange Market
China’s central bank (the PBOC) has been arguing—in conversations with some think tanks—that the rise in the foreign assets of China’s state commercial banks just reflects investments financed by a rise in domestic foreign currency deposits. Since the state banks are just putting foreign currency r»»»
Gold surges to new all-time high
Gold prices in Pakistan surged to a fresh record high on Monday, tracking gains in the international market, where the yellow metal climbed to a more than four-month peak, hovering just $23 below all-time highs. The rally was supported by growing bets on a US Federal Reserve rate cut and a weaker d»»»
Analysis: Outlook for culture change
The lacklustre performance of the public policies in some areas and dismal failures in other domains are breeding ideas falling in the realm of culture change in state governance and corporate organisational reorientation while ground realities are opening up avenues and freedom for individual ente»»»
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