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China, Saudi Arabia Ink Local Currency Swap Agreement
The People's Bank of China and the Saudi Central Bank recently signed a local currency swap agreement worth 50 billion yuan ($6.93 billion) or 26 billion Saudi riyals, both banks said on Monday, as bilateral relations continued to gather momentum, according ...
The Best Performing Currency Pairs During London Hours
In the forex market, trading is conducted globally across multiple time zones. Technically, you can say that the forex market operates 24 hours a day, five days a week, excluding weekends. However, the trading activity is concentrated during specific overlapping sessions ...
The Biggest US Trading Partner Is No Longer China, Its Mexico
The new Cold War is a business opportunity, and Mexico looks better placed than almost any other country to seize it, according to a Bloomberg report. US-China tensions are rewiring global trade, as the US seeks to reduce supply-chain reliance on ...
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