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How China talked markets out of a run on the yuan

Yuan s value determines the price of goods around the world and trillions of dollars in capital flow ....

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Does the US$228 billion China stock rally herald an end to the three-year rout?

Optimism is building in the onshore market after foreign investors sparked a rally, which was ably assisted by a rising yuan, boosting the market cap by US$228 billion. ....

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Dollar Dominance Continues to Slide Amid De-Dollarization, IMF Says

IMF data showed the greenback's share of global central bank reserves dipped to 59.2% in the third quarter from 59.4% in the prior quarter. ....

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Opinion | Why an erratic Fed could pose biggest risk to global economy in 2024

Given the US bubble economy, a rising fiscal deficit and foolish behaviour of markets, the Federal Reserve faces a tough balancing act. It has already had to walk back some dovish statements, and further policy mistakes risk damage to the entire global economy. ....

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Payment woes delay supply of Russian Sokol oil to India: Sources, ET EnergyWorld

IOC is the only state refiner that has an annual deal to buy a variety of Russian grades, including Sokol, from Russian oil major Rosneft. Sokol oil is supplied to IOC by Sakhalin-1 LLC, a unit of Rosneft, sources said. ....

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