Tag: Monetary policy
Brics Nations Divided on US Dollar Replacement: India Shows No Interest
India's stance on the replacement of the US dollar within the Brics grouping of emerging economies has sparked discussions and debates worldwide. During a recent visit to Britain and Ireland, Subrahmanyam Jaishankar, India's Foreign...
China Central Bank Issues US$8.2 Billion Bills in Hong Kong
Summary: The People's Bank of China announced plans to issue 60 billion yuan (US$8.2 billion) in central bank bills in Hong Kong to stabilize the yuan amidst trade tensions with the US. This move...
















