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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
It is time for China authorities to.....>
CHINA PRESS: It is time for China authorities to study and build yuan pricing
mechanisms and market rules for commodities trade, Pan Hongsheng, deputy
secretary of the monetary policy committee at the People's Bank of China, said
Monday at a forum at Hangzhou, the Shanghai Securities News reported Tuesday.
Commercial banks should provide effective financial products to deal with
exchange-rate risks in a bid to meet the needs of commodities trade priced in
yuan, Pan said. China will continue to encourage use of the yuan in cross-border
trade and investment, push the convertibility of the capital account at a proper
pace and optimize the yuan formation mechanism, Pan said. (Shanghai Securities
News)
To read the full story
Sign up now for free trial access to this content.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.