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Dollar Gets Costlier to Borrow in China in New Sign of Yuan Woes

(Bloomberg) -- The premium to borrow dollars in China’s local markets has jumped over the past month, another example of the resurgent US currency’s global reach and persistent headwinds facing the yuan.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesApple Plans to Overhaul Entire Mac Line With AI-Focused M4 ChipsVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudRussian Attacks on Ukraine Stoke Fears Army Near Breaking PointUS Slams Strik...
New Zealand Bloomberg Businessweek Zhaopeng Xing Australia New Zealand Banking Group Federal Reserve People Bank
Source: yahoo.com

World's FX Traders as Much at Mercy of Yuan as the Dollar

(Bloomberg) -- China watchers calling for Beijing to loosen its grip on the besieged yuan need to be mindful of the risk that it unleashes a chain reaction rocking emerging- and developed-market currencies alike, according to some strategists.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsUS Inflation Refuses to Bend, Fanning Fears It Will StickChinese Cement Maker Halted After 99% Crash in 15 Minu
City Of United Kingdom Uju Wang South Korea Hong Kong South Korean
Source: yahoo.com

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China Confuses Yuan Traders With Surprise Changes to Fixing

(Bloomberg) -- Traders seeking to navigate the most crucial part of China’s foreign-exchange management are finding visibility getting increasingly cloudy.Most Read from BloombergTrump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleBiden Gains Ground Against Trump in Six Key States, Poll ShowsTrump Vows to Pay Fraud Trial Bond Cut by 68% to $175 MillionVital Baltimore Bridge Collapses After Being Struck by ShipAfter Exposing Realtors, Eliminate th...
Hong Kong Asia Pacific Alicia Garcia Herrero Mingze Wu Bloomberg Businessweek Holdings Plc
Source: yahoo.com

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