Forwarded from Aurax
China tells state banks to prepare for a massive dollar dump and yuan buying spree as Beijing's prior interventions have failed to stem its currency's worst year since 1994
„The People's Bank of China has told major state-run banks to prepare to shed dollar holdings while snapping up offshore yuan, which has continued to fall despite prior interventions, sources told Reuters.
The scale of this latest effort to prop up the yuan will be big and could provide a floor to the Chinese currency, according to the report.
The amount of dollars to be sold hasn't been decided yet, but Reuters said it will primarily involve the state banks' currency reserves.
On Thursday, the yuan fell 0.9% to 7.1340 against the dollar and is on track for its worst annual decline since 1994, having lost more than 11% so far this year.“
https://markets.businessinsider.com/news/currencies/china-bank-dollar-yuan-currency-markets-economy-beijing-fed-hike-2022-9
@auraxchan
„The People's Bank of China has told major state-run banks to prepare to shed dollar holdings while snapping up offshore yuan, which has continued to fall despite prior interventions, sources told Reuters.
The scale of this latest effort to prop up the yuan will be big and could provide a floor to the Chinese currency, according to the report.
The amount of dollars to be sold hasn't been decided yet, but Reuters said it will primarily involve the state banks' currency reserves.
On Thursday, the yuan fell 0.9% to 7.1340 against the dollar and is on track for its worst annual decline since 1994, having lost more than 11% so far this year.“
https://markets.businessinsider.com/news/currencies/china-bank-dollar-yuan-currency-markets-economy-beijing-fed-hike-2022-9
@auraxchan
Forwarded from MJTruth (MJTruth (CandlesInTheNight))
Today is September 30, the deadline Pope Francis instructed all Vatican entities to move all funds to the Vatican bank.
https://www.catholicnewsagency.com/news/252093/pope-francis-instructs-vatican-entities-to-move-all-funds-to-vatican-bank-by-sept-30
https://www.catholicnewsagency.com/news/252093/pope-francis-instructs-vatican-entities-to-move-all-funds-to-vatican-bank-by-sept-30
Forwarded from Insider Paper
REVEALED 🚨 Elon Musk text messages with Twitter CEO Parag, board’s chairman Bret Taylor and founder Jack
Follow @insiderpaper for more details
Follow @insiderpaper for more details
Forwarded from Insider Paper
NEW: Moscow-installed official in Kherson killed in Ukrainian strike: agencies
More: https://cutt.ly/uVCM9As
Follow @insiderpaper
More: https://cutt.ly/uVCM9As
Follow @insiderpaper
Forwarded from Gateway Pundit
EXCLUSIVE: Petition Filed with the US Supreme Court Against Dominion, Facebook and CFCL in "A Case of Great National Importance"
https://www.thegatewaypundit.com/2022/09/exclusive-petition-filed-us-supreme-court-dominion-facebook-cfcl-case-great-national-importance/
https://www.thegatewaypundit.com/2022/09/exclusive-petition-filed-us-supreme-court-dominion-facebook-cfcl-case-great-national-importance/
The Gateway Pundit
EXCLUSIVE: Petition Filed with the US Supreme Court Against Dominion, Facebook and CTCL in "A Case of Great National Importance"…
A group of individuals filed a class action lawsuit against Dominion Voting Systems, , CTCL and Mark Zuckerberg and his wife, which is now going to the US Supreme Court.
Forwarded from Gateway Pundit
FBI Whistleblowers Allege that Agents Who Kneeled in Solidarity with BLM Protesters were Promoted to Higher Rank
https://www.thegatewaypundit.com/2022/09/fbi-whistleblowers-allege-agents-kneeled-solidarity-blm-protesters-promoted-higher-rank/
https://www.thegatewaypundit.com/2022/09/fbi-whistleblowers-allege-agents-kneeled-solidarity-blm-protesters-promoted-higher-rank/
The Gateway Pundit
FBI Whistleblowers Allege that Agents Who Kneeled in Solidarity with BLM Protesters were Promoted to Higher Rank
Biden’s corrupt FBI is no better than the worst militant police entities in history. The FBI raided the home of the President of the United States. This is the same President whom the FBI attempted to prevent from winning the 2016 Election and then attempted…
Forwarded from StormyPatriotJoe ️️️ Channel (Casey 🇺🇸)
Forwarded from StormyPatriotJoe ️️️ Channel (Stormy Patriot Joe)
Back in 2018 I had an unpopular take at the time that Mueller really wasn’t going after DJT.
Part of why I thought that was:
1. Mueller shut down the Podesta group
2. Mueller was also going after those connected to the Podesta group
3. One of those people was Oleg Deripaska
See this 2018 article 👇👇
https://www.thedailybeast.com/robert-mueller-targeted-two-lobbying-firms-one-is-thriving-in-trumps-dc
Now to today’s news
https://amp.cnn.com/cnn/2022/09/29/politics/oleg-deripaska-indictment/index.html
Let’s see who’s next
Part of why I thought that was:
1. Mueller shut down the Podesta group
2. Mueller was also going after those connected to the Podesta group
3. One of those people was Oleg Deripaska
See this 2018 article 👇👇
https://www.thedailybeast.com/robert-mueller-targeted-two-lobbying-firms-one-is-thriving-in-trumps-dc
Now to today’s news
https://amp.cnn.com/cnn/2022/09/29/politics/oleg-deripaska-indictment/index.html
Let’s see who’s next