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PBOC sets USD/ CNY reference rate for today at 7.1911 (vs. estimate at 7.3165)

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The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted...
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Middle East Banking Giant Taps Wall Street Tech for Securities Revolution

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FMLS:24 | Shaping the Next Era of Financial Evolution ...
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Kama Capital Leads the Charge, wins Entrepreneur’s “Fintech of the Year”

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Kama Capital proudly announces its recognition as “Fintech Company of the Year” at the prestigious Entrepreneur Middle East Awards 2024, held at Sofitel...
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GBP/USD Outlook: Slow Growth Paves Path for BoE’s Rate Cut

The UK GDP report showed a smaller-than-expected expansion of 0.1%.  British Treasury yields fell after a softer-than-expected UK inflation report. Underlying US inflation was softer than expected in December. The GBP/USD outlook shows increasing pressure on the...

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PBOC sets USD/ CNY central rate at 7.1139 (vs. estimate at 7.1132)

The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its...
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EUR/USD and GBP/USD Rallies Fuelled by Ongoing US Dollar Weakness

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PBOC is expected to set USDCNY midpoint and 7.1132 versus 7.1358 on Friday

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