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Iraq Bulletin

Tag : people’s bank of china

Business

China forex reserves fall in March to $3.34 trillion

iraqbulletin.co
BEIJING: China’s foreign exchange reserves fell to $3.3421 trillion at the end of March, official data showed on April 7, as a stronger U.S. dollar and weaker prices for major global financial assets weighed on the value of the country’s reserve holdings. The...
Business

China expands digital yuan network with 12 new banks

iraqbulletin.co
BEIJING: China’s central bank has added 12 banks to the roster of institutions authorized to operate the digital yuan, widening the reach of the e-CNY and lifting the total number of approved operators to 22. The People’s Bank of China said the...