China's yuan fell to an 11-year low against the dollar on Thursday due to w...
Major Chinese state-owned banks were seen supporting the yuan by receiving dollar/yuan swaps, traders told Reuters.
This could place unwanted attention on the yuan after the U.S. Treasury declared China a currency manipulator in an escalation of the U.S.-China trade war. Minutes from the Fed’s last meeting released on Wednesday showed policymakers were deeply divided over whether to cut interest rates but were united in wanting to signal they were not on a preset path to more cuts.
The Fed and other central banks are cutting interest rates to contain a global economic slowdown caused by a prolonged trade war between the United States and China.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Major China state-owned banks seen supporting yuan after fresh fall: tradersMajor Chinese state-owned banks were seen supporting the yuan in the forwards ma...
Leer más »
11 High-Waisted Jeans So Good, You'll Never Want to Wear Another Pair AgainIt's not always easy finding the right jeans for your body type or your taste. From skinny cuts to baggy boyfriend fits, there is so much to choose from. No
Leer más »
11 Things No One Tells You About Having a Third BabyContemplating a third? You'll want to read this.
Leer más »
Sudan forms 11-member sovereign council — Sudan unrestA power-sharing agreement signed on Saturday paves the way for a transitional government and eventual elections in Sudan. It provides for a sovereign council as the highest authority but largely delegates executive powers to the cabinet of ministers.
Leer más »
The 11 Fashion Essentials Every 20-Something Should Have in Her WardrobeA shopping checklist for 20-somethings
Leer más »
11-year-old bitten by shark in knee-deep water: 'I ran out screaming'A 12-year-old boy was bitten in an apparent shark attack in Florida, but escaped with only 'very minor' injuries.
Leer más »