China Tells State Banks to Prepare for a Massive Dollar Dump and Yuan Buying Spree

The People's Bank of China has told major state-run banks to prepare to shed dollar holdings while snapping up offshore yuan, which has continued to fall despite prior interventions, sources told Reuters.

The scale of this latest effort to prop up the yuan will be big and could provide a floor to the Chinese currency, according to the report.

The amount of dollars to be sold hasn't been decided yet, but Reuters said it will primarily involve the state banks' currency reserves. Their offshore branches, including those based in Hong Kong, New York and London, were ordered to review offshore yuan holdings and check to see that dollar reserves are ready....

Source: Markets Insider (https://markets.businessin... Caixin Global

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North America Environmental Monitoring Market Growth, Application, Technology, Diagnosis, Strategic Analysis, Future Scenarios and Forecast by 2028

North America Environmental Monitoring Market will reach at an estimated value of USD 35.27 billion by 2028 and grow at a CAGR of 7.20% in the forecast period till 2028. Rising pollution levels is an essential factor driving the environmental monitoring market. Market analysis and market segmentation has been reviewed here in terms of markets, geographic scope, years considered for the study, currency, and pricing, research methodology, primary interviews with key opinion leaders, DBMR market position grid, DBMR market challenge matrix, secondary sources, and assumptions. This reliable report plays very major role in achieving high business growth and success in this competitive market place for semiconductor & electricity industry. A nice blend of market intelligence and industry expertise used in this business report definitely

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Price Trends of Ethylene Glycol in its Latest Insights and Dashboard

Product Name - Ethylene Glycol
HS Code - 29053100
Molecular Weight - 62.07 g/mol
Chemical Formula - (CH2OH)2
Synonyms - 107-21-1, 1,2-ethanediol, Ethylene alcohol, Hypodicarbonous acid, Monoethylene glycol
1,2-Dihydroxyethane, Ethane-1,2-diol
Currency - US$ (Data can also be provided in local currency)
Supplier Database Availability - Yes
Customization Scope - Our services can be customized as per the requirements of the customer
Post-Sale Analyst Support - 360-degree analyst support after service delivery

Region/Countries for which Data is available

Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Swe

Currency Wars: US Federal Reserve Actively Trying to Collapse the European Central Bank

Could We Be Seeing A One-Currency World Soon?

What would happen if the world imposed a single currency for all financial transactions? With the removal of MT4 and MT5 off Apple’s App Store, many are starting to wonder if this is the sign of a one-currency coming soon.

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The white label cryptocurrency exchange software is a blockchain application that operates without any centralized server. It is a business model that has become popular amongst business owners and entrepreneurs to launch a business successfully.

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