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Ethiopia, a BRICS nation, is in earlystage talks with China to convert $5.38 billion of its US dollar-denominated loans into Chinese yuan. This aims to cut foreign exchange costs, boost local currency use in forex markets, and ease repayments simil

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💸Trump effect? Chinese yuan dips 2.6% in a month, rupee depreciates 0.7% since US election Donald Trump winning the US presidential election has sent emerging market currencies tumbling against the greenback. While the Chinese yuan had strengthene

This month the New Taiwan Dollar (TWD) jumped 6% in one trading session ; its biggest move since the 1980s. This growth came from strong semiconductor exports and optimism around easing US–China trade tensions. For Taiwan, a stronger TWD means ex

’m a bit surprised by how everyone’s in a tizzy over Indian Rupee's slide against the Dollar, and how Govt and RBI are being bashed over it. It makes it amply clear that much of people don’t understand how & why currency markets move 🙏🙏 And, the