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HKMA & PBoC Expand Digital Yuan CBDC Pilot Scope
(30 January 2024 – Hong Kong) The Hong Kong Monetary Authority (HKMA) and People’s Bank of China (PBoC) have thrown their weight behind a further expansion of use […]
(30 January 2024 – Hong Kong) The Hong Kong Monetary Authority (HKMA) and People’s Bank of China (PBoC) have thrown their weight behind a further expansion of use […]
(19 January 2024 – Asia) Asian currencies failed to take advantage of US Dollar weakness in Q4 2023. The consensus view in 2024 is that the dollar will […]
(15 January 2024 – China) The Chinese economy is slipping further into its worst deflation spiral in decades. The decline in economic growth signals trouble for the global […]
(12 January 2024 – United States) The greenback is set to remain under pressure before recovering later in the year as chances of a recession rise, Citigroup FX […]
(4 December 2023 – United Kingdom) The Bank of England (BoE) has been urged to consider whether a central bank digital currency (CBDC) is absolutely necessary considering significant […]
(20 October 2023 – Australia) Australian small businesses are missing out on valuable Foreign Exchange (FX) opportunities and are more vulnerable to currency risk stemming from mounting interest […]
(11 September 2023 – China) The People's Bank of China (PBOC) is increasing oversight of major dollar purchases by domestic firms amid rising RMB depreciation pressure. Domestic corporates […]
(31 August 2023 – United States) The odds of the US Dollar appreciating further beyond its 3.5 percent rise in the last month depend more Chinese economic growth […]
(24 August 2023 – Australia) The Reserve Bank of Australia (RBA) and Digital Finance Cooperative Research Centre (DFCRC) have released the findings from a joint research project exploring […]
(23 August 2023 – The Netherlands) Despite an expanded Brazil, Russia, India, China and South Africa (BRICS) alliance and new reserve currency potential to challenge US Dollar hegemony, […]