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| Name | China orders banks to intervene to stem Yuan's fall | World Business Watch |
| Video Uploader | Video From WION |
| Upload Date | This Video Uploaded At 18-08-2023 05:55:21 |
| Video Discription | A Bloomberg report quoting sources showed Chinese officials ordered state-owned banks to intervene more in the currency market this week to curb yuan volatility. The Bloomberg sources also said that senior Chinese authorities are contemplating reducing banks' foreign-exchange reserve requirements to slow currency depreciation. #china #yuan #businessnews About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults. Subscribe to our channel at https://goo.gl/JfY3NI Check out our website: http://www.wionews.com Connect with us on our social media handles: Facebook: https://www.facebook.com/WIONews Twitter: https://twitter.com/WIONews Follow us on Google News for the latest updates Zee News:- https://bit.ly/2Ac5G60 Zee Business:- https://bit.ly/36vI2xa DNA India:- https://bit.ly/2ZDuLRY WION: https://bit.ly/3gnDb5J Zee News Apps: https://bit.ly/ZeeNewsApps aRlm_7p0ueM |
| Category | News & Politics |
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