MTAL08

Yuan is the new dollar as Russia rolls to red back

Yuan is the new dollar as Russia rolls to red back

Leave a Comment / Markets / By admin

Russia turns to Chinese currency despite sanctions Moscow becomes the 4th offshore trading center for the yuan The share of the yuan in the Russian foreign exchange market increases from 1% to 45% Russian central bank backs trend but warns of risks This content was produced in Russia where the law limits coverage of Russian …

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Rise in Indian corporate lending signals new round of investment

Rise in Indian corporate lending signals new round of investment

Leave a Comment / Economy / By admin

MUMBAI, Nov 21 (Reuters) – Indian lenders are expanding lending to local businesses at the fastest pace in more than eight years, a sign of a new round of private investment beginning in the world’s fifth-largest economy even as growing major developed economies and China is slowing down. This international slowdown will limit the strength …

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