Newsletter

US Dollar Reserves Tight in China, Pressure Mounts on RMB Depreciation

Bloomberg: US dollar reserves in China are tight, and pressure on RMB depreciation is intensifying “Bloomberg” reported that as expectations of US dollar interest rate cuts have cooled, US dollar domestic financing is obviously tight, and the pressure for RMB depreciation has intensified. Analysts note that the central bank may lower the foreign exchange deposit […]

NYCB Stock Price Plummets Nearly 26% Amid Financial Soundness Concerns

The stock price of New York Community Bancorp (NYCB), a local bank in New York, USA, fell by almost 26% as problems with poor financial soundness resurfaced. (Photo = New York Community Bancorp) On the New York Stock Exchange on the 1st (local time), NYCB’s stock price fell 25.89% to $3.55. This is the lowest […]

Bank of Korea Report Reveals Decrease in Domestic Currency and Liquidity in May 2023

Bank of Korea Reports Decrease in Domestic Currency and Liquidity Financial and Liquidity Trends in May 2023 The Bank of Korea recently published a comprehensive report titled ‘Financial and Liquidity Trends in May 2023’, shedding light on the current state of the domestic currency and liquidity. This report provides valuable insights into the financial landscape […]

Savings bank interest rates plummet… 3% term deposit loan.

The reduction in interest rates on deposits in the financial sector is massive. The deposit interest rate, which rose to a peak of 6% at the end of last year, fell to the 3% range. It’s not just central banks. Among the savings banks that offered high interest rates, some reduced the interest rate for […]

The resilience of the foreign exchange market enhances the stability of cross-border capital flows_Exchange Rate_Enterprise_China

Original title: The resilience of the foreign exchange market enhances the stability of cross-border capital flows In the first half of the year, banks had a surplus of US$85.2 billion in foreign exchange settlement and sales Resilience of the foreign exchange market enhances the stability of cross-border capital flows “my country has effectively coordinated epidemic […]

Cross-border capital flows were generally stable in the first half of the year, and banks’ foreign exchange settlement and sales and foreign-related receipts and payments continued to have double surpluses_China_Foreign Debt_Exchange Rates

Original title: Cross-border capital flows were generally stable in the first half of the year, and banks’ foreign exchange settlement and sales and foreign-related receipts and payments continued to have double surpluses 21st Century Business Herald reporter Bian Wanli reported in Beijing Recently, major macroeconomic indicators have stabilized and rebounded, and the economy has generally […]

Shenwan Hongyuan: The reduction in the payment ratio of stock business settlement reserves is expected to release more than 30 billion yuan of liquidity_Oriental Fortune Network

China Settlement recently announced that, in line with the ongoing reform of the delivery versus payment (DVP) reform, the minimum settlement reserve payment ratio for the stock business will be lowered from 18% to 16% from April 2022. March 18,Shenwan HongyuanAccording to the calculation of the non-bank team, more than 30 billion yuan of liquidity […]