Tag: Currency

China Plans Yuan Pool To Counter Dollar’s Reserve Currency Status

Posted on June 28, 2022 by Alex John

[ad_1] China plans to set up a Yuan pooling scheme to counter dollar’s dominance Beijing: China’s central bank has signed an agreement with Switzerland based Bank for International Settlements (BIS)….

Sri Lanka Limits Foreign Currency Holdings By Individuals To $10,000

Posted on June 25, 2022 by Alex John

[ad_1] Sri Lanka limits foreign currency possession by individuals to support low FX reserves Colombo: Sri Lanka has reduced the limit of foreign currency possession by an individual from $15,000….