Tag: exchange rate
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Moody’s: China advances swapping scale change, a credit positive
China's new forex rate formation mechanism is credit positive as it will increase currency flexibility and support China's capital account liberalization, said Moody's in...
Gold price appreciates higher on Hong Kong Market
The gold price in Hong Kong went up 122 HK dollars to close at 11,150 HK dollars per tael on Thursday, according to the...
Despite Depreciation Pressures, Chinese RMB Unlikely To See Sharp Drop
Though the Chinese currency, the renminbi or yuan, weakened for the third consecutive day on Tuesday, analysts have said that a sharp drop is...
Gold price in Hong Kong went up 82 HK dollars
The gold price in Hong Kong went up 82 HK dollars to open at 11,250 HK dollars per tael on Monday, according to the...
Demand for the euro fell after the Swiss decision minimum exchange rate
The euro dropped to its lowest level since November 2003 on Thursday after the Swiss central bank announced that it would give up its...
