Tag: Chinese yuan

RIO DE JANEIRO, BRAZIL - For several years now, Chinese financial experts have been warning against relying too much on the U.S. dollar (and specifically on U.S. government bonds) for foreign exchange reserves. The Chinese side is particularly critical of...
RIO DE JANEIRO, BRAZIL - The latest mounting political noise is creating a negative scenario for the Brazilian real and risks further pressure on long-term interest rates amid rising fears of a less conservative fiscal approach, Morgan Stanley strategists...

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