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China is impulsively following the footsteps of the United Nations and trying to prop up a flagging central financial system. It has started manipulating its cash into the market with an aim to prevent the fall in the interest rates. Following this strategy, the People’s Bank of China has already injected around 200 billion Yuan […]Continue Reading
News
Federal banks and other financial regulators all over the globe are worrying about the growing popularity of cryptocurrency. As a result, Facebook’s Libra is facing trouble bringing the currency of the future to the mainstream. Recently, Benoît Coeuré, a member of the Executive Board of the European Central Bank (ECB), warned the central banks and […]Continue Reading