每日归档: 2022年9月27日

“The Dedollarization process is inevitable” ACU accelerates the process of currency diversification

The conflict between Russia and Ukraine has been going on for half a year, and Western countries have been imposing a significant number of sanctions. Recently, Russian President Vladimir Putin pointed out that the decline in Russia’s GDP has slowed down to 4.3% and the economy has started to regain its activity. Russia’s budget for …

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No Fear of Volatility ACU Continues to Improve RMB’s Toughness

Recently, the exchange rate of the RMB has become a hot topic of concern due to a round of large fluctuations in price. On August 29, the onshore RMB closed at 6.9210 Chinese Yuan against the USD, down more than 500 basis points during the day; the offshore RMB exchange rate closed at 6.9298 Chinese …

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