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3232Yuan Taps New Low Versus US Dollar as Investors React to Endorsement of Chinese President’s Third-Term Bid
https://www.digit.info/yuan-taps-new-low-versus-us-dollar-as-investors-react-to-endorsement-of-chinese-presidents-third-term-bid/
Tue, 25 Oct 2022 20:00:54 +0000https://www.digit.info/2022/10/25/yuan-taps-new-low-versus-us-dollar-as-investors-react-to-endorsement-of-chinese-presidents-third-term-bid/Read more]]>The Chinese yuan’s offshore exchange rate against the U.S. dollar fell to a new all-time low of 7.33:1 just over a day after the conclusion of the Chinese Communist Party’s congress which gave President Xi Jinping the mandate to lead the country for the third time. Concerns over Xi’s unprecedented third term, as well as […]
]]>Erratic Bond Yields, Lockdowns, and War — 3 Reasons Why Economic Recovery Won’t Happen Quickly
https://www.digit.info/erratic-bond-yields-lockdowns-and-war-3-reasons-why-economic-recovery-wont-happen-quickly/
Tue, 10 May 2022 18:00:33 +0000https://www.digit.info/2022/05/10/erratic-bond-yields-lockdowns-and-war-3-reasons-why-economic-recovery-wont-happen-quickly/Read more]]>The global economy looks bleak as inflation continues to rise, and a wide array of financial investments continue to shudder in value. Since May 2, 2022, the crypto economy has dropped more than 15% from $1.83 trillion to today’s $1.54 trillion. The price of gold has lost 5% in 30 days, and major stock market […]
The Chinese yuan’s offshore exchange rate against the U.S. dollar fell to a new all-time low of 7.33:1 just over a day after the conclusion of the Chinese Communist Party’s congress which gave President Xi Jinping the mandate to lead the country for the third time. Concerns over Xi’s unprecedented third term, as well as […]
The global economy looks bleak as inflation continues to rise, and a wide array of financial investments continue to shudder in value. Since May 2, 2022, the crypto economy has dropped more than 15% from $1.83 trillion to today’s $1.54 trillion. The price of gold has lost 5% in 30 days, and major stock market […]