Recent data from the International Monetary Fund (IMF) points to an ongoing decline in the U.S. dollar’s share of allocated foreign reserves held by central banks and governments. Economists explained that reserve managers are attracted to nontraditional reserve currencies “because they provide diversification and relatively attractive yields, and because they have become increasingly easy to […]
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Hong Kong Professor: China’s Crypto Mining Ban Shifts Businesses to US
Professor Wang Yang, vice president for institutional advancement and chair professor at the Department of Mathematics at the Hong Kong...