Search result for CHINESE YUAN
![](https://www.industryglobalnews24.com/images/pboc-raise-reserve-requirement-ratio-for-foreign-currency-deposits.jpeg)
PBOC RAISE RESERVE REQUIREMENT RATIO FOR FOREIGN CURRENCY DEPOSITS
Highlights –
- PBOC raise reserve requirement ratio for foreign currency deposits.
- Chinese currency renminbi (RMB) remains high against the U.S. dollar.
- RMB has likely experienced some overshooting against the U.S. dollar.
- RM...
![](https://www.industryglobalnews24.com/images/china-loans-15-billion-to-pakistan-to-pay-the-money-it-owes-to-saudi-arabia.jpeg)
CHINA LOANS $1.5 BILLION TO PAKISTAN TO PAY THE MONEY IT OWES TO SAUDI ARABIA
Highlights –
- China loans $1.5 billion to Pakistan to pay the money it owes to Saudi Arabia.
- China has not provided the loan to Pakistan from its State Administration of Foreign Exchange.
- China and Pakistan have instead agreed to incre...