WASHINGTON — The Pentagon is preparing to overhaul how the United States and its allies train and equip the Ukrainian military, reflecting what officials say is the Biden administration’s long-term commitment to support Ukraine in its war with Russia.
The proposal would streamline a training and assistance system that was created on the fly after the Russian invasion in February. The system would be placed under a single new command based in Germany that would be led by a high-ranking U.S. general, according to several military and administration officials.
Gen. Christopher G. Cavoli, the top American officer in Europe, recently presented a proposal outlining the changes to Defense Secretary Lloyd J. Austin III, the officials said. Mr. Austin and his top aides are reviewing the plan and are likely to make a final decision in the coming weeks, senior U.S. officials said, adding that the White House and the Pentagon favored the approach. The officials spoke on the condition of anonymity to describe confidential discussions.
Just as the Pentagon has committed more than $16 billion in military aid to Ukraine — a combination of immediate shipments from stockpiles as well as contracts for weapons to be delivered over the next three years — the new command signals that the United States expects the threat from Russia to Ukraine and its neighbors to persist for many years, current and former senior U.S. officials said.
Are there any doubts about who is waging war in Ukraine? American generals from the HQ in Germany will order Ukrainian soldiers to die for what? For Ukrainian independence? Independence from who? Russia never had such an influence on Ukrainian government, as the current "Western allies".
#TransFormator 💤
The proposal would streamline a training and assistance system that was created on the fly after the Russian invasion in February. The system would be placed under a single new command based in Germany that would be led by a high-ranking U.S. general, according to several military and administration officials.
Gen. Christopher G. Cavoli, the top American officer in Europe, recently presented a proposal outlining the changes to Defense Secretary Lloyd J. Austin III, the officials said. Mr. Austin and his top aides are reviewing the plan and are likely to make a final decision in the coming weeks, senior U.S. officials said, adding that the White House and the Pentagon favored the approach. The officials spoke on the condition of anonymity to describe confidential discussions.
Just as the Pentagon has committed more than $16 billion in military aid to Ukraine — a combination of immediate shipments from stockpiles as well as contracts for weapons to be delivered over the next three years — the new command signals that the United States expects the threat from Russia to Ukraine and its neighbors to persist for many years, current and former senior U.S. officials said.
Are there any doubts about who is waging war in Ukraine? American generals from the HQ in Germany will order Ukrainian soldiers to die for what? For Ukrainian independence? Independence from who? Russia never had such an influence on Ukrainian government, as the current "Western allies".
#TransFormator 💤
NY Times
Pentagon Plans to Set Up a New Command to Arm Ukraine, Officials Say
The mission in Germany would streamline a training and assistance system that the United States and its allies created on the fly after Russia’s invasion, officials said.
The enemy strikes at Donetsk, the number of victims is growing
01.10.2022 - 12:51
Ukrainian war criminals continue to strike at the residential areas of Donetsk. The number of victims is growing: another civilian was killed by shelling of the Armed Forces of Ukraine in the Kirovsky district of the city.
The Headquarters of the Territorial Defence of the DPR reports that the man, born in 1948. died under shelling of Ukrainian militants on the street Pintera (Microdistrict Tekstilshchik).
As a result of the abdominal wound, he lost a lot of blood and died in an ambulance on the way to the hospital.
Also as a result of this shelling on the street Pinter, two civilians were wounded.
On the morning of October 1, a civilian was killed by an APU strike in the Petrovsky district of Donetsk.
Sorry, if the question is "wrong", though there is no such a thing, like a wrong question. Why Ukrainian Army was not shelling Donetsk and Luhansk yesterday, during the mass celebration of the Unification day? They always target the places of the mass gathering. What was the reason? Were they also celebrating? Was there a secret agreement? Was there some special measures from Russian counterbattery means? I, honestly, have no clue. But if it was possible to ensure just for one day - why not to make it permanent, no matter how.
#TransFormatorBuzzes
#TransFormator 💤
01.10.2022 - 12:51
Ukrainian war criminals continue to strike at the residential areas of Donetsk. The number of victims is growing: another civilian was killed by shelling of the Armed Forces of Ukraine in the Kirovsky district of the city.
The Headquarters of the Territorial Defence of the DPR reports that the man, born in 1948. died under shelling of Ukrainian militants on the street Pintera (Microdistrict Tekstilshchik).
As a result of the abdominal wound, he lost a lot of blood and died in an ambulance on the way to the hospital.
Also as a result of this shelling on the street Pinter, two civilians were wounded.
On the morning of October 1, a civilian was killed by an APU strike in the Petrovsky district of Donetsk.
Sorry, if the question is "wrong", though there is no such a thing, like a wrong question. Why Ukrainian Army was not shelling Donetsk and Luhansk yesterday, during the mass celebration of the Unification day? They always target the places of the mass gathering. What was the reason? Were they also celebrating? Was there a secret agreement? Was there some special measures from Russian counterbattery means? I, honestly, have no clue. But if it was possible to ensure just for one day - why not to make it permanent, no matter how.
#TransFormatorBuzzes
#TransFormator 💤
Русская весна
Враг наносит удары по Донецку, число жертв растёт
Сообщается также о раненых.
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Russian Armed Forces shot down another “Ghost of Kyiv” in the Kharkov direction. The pilot ejected but died. The video was filmed today at 11:00, according to the author.
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Baerbock on why Germany does not support Ukraine's bid to join NATO:
We know that Ukraine has such a desire. We have made it clear in the past that NATO's doors are of course open. But, we also made it clear from the very beginning of this war, as members of NATO, as members of the EU, that it is imperative that we support Ukraine in its right to self-defense. We, as members of NATO, simultaneously support Ukraine with military assistance, but we ourselves do not enter this war. Because now we must do just that together [Doing what? Supplying weapons to Ukraine and not taking Ukraine to NATO? #TransFormator] - to keep the peace in Europe. That is why we support Ukraine and at the same time we are responsible for ensuring that this war does not spread to other countries.
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We know that Ukraine has such a desire. We have made it clear in the past that NATO's doors are of course open. But, we also made it clear from the very beginning of this war, as members of NATO, as members of the EU, that it is imperative that we support Ukraine in its right to self-defense. We, as members of NATO, simultaneously support Ukraine with military assistance, but we ourselves do not enter this war. Because now we must do just that together [Doing what? Supplying weapons to Ukraine and not taking Ukraine to NATO? #TransFormator] - to keep the peace in Europe. That is why we support Ukraine and at the same time we are responsible for ensuring that this war does not spread to other countries.
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Translated from Aleksandr Khodakovskii
Regardless of how the Red Liman epic ends, the guys don’t even fully imagine what they have done. Ukraine needed a pace, it was necessary to seize the moment after the Kharkov offensive, and put pressure on us in all directions. They were full of courage, they had a resource, quite realistic plans, an initiative, in the end .... They were going to give in to the Mariupol direction, for which they transferred forces and means near Vugledar - but they ran into resistance in Krasny Liman and got stuck.
To break our guys, they had to cancel plans and take resources from other directions, but the pace was already lost, the shock of the retreat had already passed, mobilization began. If it were not for the Krasny Liman factor, besides the Kharkov fiasco, many more problems awaited us... Assessing the situation, our battalion was already preparing for battles in encirclement, for which it began to form positions at the line of retreat. We doubted that the enemy would pass through us - the conditions of the terrain helped us - but on the right and on the left he could break through the defences and go to our rear. Chaotic retreat, getting into the mess and getting lost is not an option. So, we need to take up all-round defence - so we decided. But someone had the courage to resist and fight, and the processes did not go in Ukraine's favour. Even if the garrison of the Red Estuary retreats, it has fulfilled its most important task.
Regardless of how the Red Liman epic ends, the guys don’t even fully imagine what they have done. Ukraine needed a pace, it was necessary to seize the moment after the Kharkov offensive, and put pressure on us in all directions. They were full of courage, they had a resource, quite realistic plans, an initiative, in the end .... They were going to give in to the Mariupol direction, for which they transferred forces and means near Vugledar - but they ran into resistance in Krasny Liman and got stuck.
To break our guys, they had to cancel plans and take resources from other directions, but the pace was already lost, the shock of the retreat had already passed, mobilization began. If it were not for the Krasny Liman factor, besides the Kharkov fiasco, many more problems awaited us... Assessing the situation, our battalion was already preparing for battles in encirclement, for which it began to form positions at the line of retreat. We doubted that the enemy would pass through us - the conditions of the terrain helped us - but on the right and on the left he could break through the defences and go to our rear. Chaotic retreat, getting into the mess and getting lost is not an option. So, we need to take up all-round defence - so we decided. But someone had the courage to resist and fight, and the processes did not go in Ukraine's favour. Even if the garrison of the Red Estuary retreats, it has fulfilled its most important task.
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Александр Ходаковский
Независимо от того, чем закончится краснолиманская эпопея, парни даже не представляют до конца, что они сделали. Украине нужен был темп, нужно было ловить момент после харьковского наступления, и давить нас на всех направлениях. Они были на кураже, у них…
The situation on the Liman direction
as of 14.00 October 1, 2022
Translated from Rybar
The Armed Forces of Ukraine concentrated their main efforts on three sections of the roads: Liman - Zarechnoye, Torskoye - Kremennaya, Torskoye - Svatovo. Properly distributing forces, the Ukrainian formations focused on cutting the lines of communication of the Russian troops.
At the same time, the pushing through of Russian defensive orders continued in Liman itself, Stavki, the northern environs of Yampol and along the “road of life”.
▪️By noon on October 1, the Armed Forces of Ukraine managed to physically cut off the Torskoye-Svatovo road and pin down the forces of the RF Armed Forces in the Ternov area.
▪️The Ukrainian flag was raised at the western entrance (49.012093, 37.772098) to Liman: at least 20% of the city was controlled by the enemy by that time. This is evidenced by the absence of sounds of small arms combat and artillery strikes at the western entrance to the city.
The fighting shifted to the centre and eastern part of Liman, the southern outskirts of Stavki, and the northern outskirts of Yampol. Communication between Torsky and the Liman garrison is blocked by fire.
▪️The RF Armed Forces strike at Zarechny (Kirovsk), which includes Ukrainian formations. It is through Zarechnoye that the Liman-Torskoye road passes.
▪️The Torskoye-Kremennaya road is under constant fire control of the Armed Forces of Ukraine, Ukrainian maneuver groups are trying to tie up Russian units in battle.
🔻Despite the measures taken by the Russian command, it turned out at best to slow down the advance of the Ukrainian troops. At this stage, it is not possible to turn the tide of the battles for Liman.
as of 14.00 October 1, 2022
Translated from Rybar
The Armed Forces of Ukraine concentrated their main efforts on three sections of the roads: Liman - Zarechnoye, Torskoye - Kremennaya, Torskoye - Svatovo. Properly distributing forces, the Ukrainian formations focused on cutting the lines of communication of the Russian troops.
At the same time, the pushing through of Russian defensive orders continued in Liman itself, Stavki, the northern environs of Yampol and along the “road of life”.
▪️By noon on October 1, the Armed Forces of Ukraine managed to physically cut off the Torskoye-Svatovo road and pin down the forces of the RF Armed Forces in the Ternov area.
▪️The Ukrainian flag was raised at the western entrance (49.012093, 37.772098) to Liman: at least 20% of the city was controlled by the enemy by that time. This is evidenced by the absence of sounds of small arms combat and artillery strikes at the western entrance to the city.
The fighting shifted to the centre and eastern part of Liman, the southern outskirts of Stavki, and the northern outskirts of Yampol. Communication between Torsky and the Liman garrison is blocked by fire.
▪️The RF Armed Forces strike at Zarechny (Kirovsk), which includes Ukrainian formations. It is through Zarechnoye that the Liman-Torskoye road passes.
▪️The Torskoye-Kremennaya road is under constant fire control of the Armed Forces of Ukraine, Ukrainian maneuver groups are trying to tie up Russian units in battle.
🔻Despite the measures taken by the Russian command, it turned out at best to slow down the advance of the Ukrainian troops. At this stage, it is not possible to turn the tide of the battles for Liman.
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Рыбарь
❗️🇷🇺🇺🇦 Обстановка на Лиманском направлении
по состоянию на 14.00 1 октября 2022 года
ВСУ сконцентрировали основные усилия на трёх участках дорог: Лиман — Заречное, Торское — Кременная, Торское — Сватово. Грамотно распределив силы, украинские формирования…
по состоянию на 14.00 1 октября 2022 года
ВСУ сконцентрировали основные усилия на трёх участках дорог: Лиман — Заречное, Торское — Кременная, Торское — Сватово. Грамотно распределив силы, украинские формирования…
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Nebenzya - at the UN Security Council on sabotage on gas pipelines: Is the destruction of the Nord Stream beneficial to European states? Hardly! In this case, they become dependent on an extremely expensive and extremely unreliable supplier, I mean the host country of the UN headquarters [USA]. Leaving aside Polish, Czech and Baltic politicians completely distraught with Russophobia, despite the anti-Russian hysteria going off scale in the EU, experts cannot help but understand the danger of such a scenario and its consequences for the European economy.
The main question is whether what happened with Nord Stream is it profitable for the United States? Undoubtedly.
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⬇️
The main question is whether what happened with Nord Stream is it profitable for the United States? Undoubtedly.
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⬇️
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Continuation.....
Liquefied gas supplied by America will be multiplied to the European continent. And from a political point of view, the last thread that ensures the independence of the European Union in terms of energy has been broken. In the conditions of the energy crisis, the United States hastily transfers European production, they receive advanced personnel, technologies, and production resources. Everything that has been developing a united Europe for decades. Residents of Europe are left alone with their problems. But across the ocean, no one cares that Europe is in for a very dark, cold and long winter.
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Liquefied gas supplied by America will be multiplied to the European continent. And from a political point of view, the last thread that ensures the independence of the European Union in terms of energy has been broken. In the conditions of the energy crisis, the United States hastily transfers European production, they receive advanced personnel, technologies, and production resources. Everything that has been developing a united Europe for decades. Residents of Europe are left alone with their problems. But across the ocean, no one cares that Europe is in for a very dark, cold and long winter.
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🇺🇸🇬🇧🇩🇪On the left picture are Anglo-American bases and on the right picture are list of the 1,500 Largest Industrial Companies in Germany...And Anglo-Americans left them without North Streams...We can all do the math...
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Forwarded from Straiight Talk News 💊
@absolutelyweimar
☢️"Washington is looking right now for ways to reduce the dependence of its own nuclear power plants on Russian nuclear fuel, "Bloomberg" reports. That's because Russia produces about forty percent of the global supply and also provides nearly a quarter of the nuclear fuel for the United States' 93 operating nuclear reactors. This is now causing major concern in the belligerent Biden administration, so they are looking for ways to end this dependence, according to the report. This is a matter of "our own independence" as well as "national security," as Energy Secretary Jennifer Granholm emphasized."
☢️"Washington is looking right now for ways to reduce the dependence of its own nuclear power plants on Russian nuclear fuel, "Bloomberg" reports. That's because Russia produces about forty percent of the global supply and also provides nearly a quarter of the nuclear fuel for the United States' 93 operating nuclear reactors. This is now causing major concern in the belligerent Biden administration, so they are looking for ways to end this dependence, according to the report. This is a matter of "our own independence" as well as "national security," as Energy Secretary Jennifer Granholm emphasized."
😁4
Translated from various sources aggregated at MIG41
"Joy of the Armed Forces of Ukraine" - to surround and destroy our forces in Krasny Liman. They will not have this joy.
A picture with flags and a flag on the map is also a "win". But not the one they originally hoped for.
Those who held Liman are heroes who went into history.
The BARS-13 battalion was located in the Drobyshevo area - there they heroically held the defence of the village of Stavkov. But due to the build-up of forces of the Armed Forces of Ukraine, the military was forced to leave Drobyshevo and Yampol - this became known yesterday. The fate of BARS-13 remained unknown.
Today there was information that the battalion managed to be withdrawn to the area of the city of Kremennaya - and without losses. Now BARS-13 is performing the tasks of protecting the highway from Kremennaya towards Krasny Liman - reserves are approaching the battalion.
Yes, the Armed Forces of Ukraine are not just on the outskirts, but already in the city. Ours has retreated in an organized manner.
Dramatic news from the city. Neo-Nazis are already moving along the central streets of Krasny Liman. They check the documents and begin to nightmare the locals. Information is confirmed from several sources.
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"Joy of the Armed Forces of Ukraine" - to surround and destroy our forces in Krasny Liman. They will not have this joy.
A picture with flags and a flag on the map is also a "win". But not the one they originally hoped for.
Those who held Liman are heroes who went into history.
The BARS-13 battalion was located in the Drobyshevo area - there they heroically held the defence of the village of Stavkov. But due to the build-up of forces of the Armed Forces of Ukraine, the military was forced to leave Drobyshevo and Yampol - this became known yesterday. The fate of BARS-13 remained unknown.
Today there was information that the battalion managed to be withdrawn to the area of the city of Kremennaya - and without losses. Now BARS-13 is performing the tasks of protecting the highway from Kremennaya towards Krasny Liman - reserves are approaching the battalion.
Yes, the Armed Forces of Ukraine are not just on the outskirts, but already in the city. Ours has retreated in an organized manner.
Dramatic news from the city. Neo-Nazis are already moving along the central streets of Krasny Liman. They check the documents and begin to nightmare the locals. Information is confirmed from several sources.
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МИГ
"Радость ВСУ" - окружить и уничтожить наши силы в Красном Лимане. Этой радости у них не будет.
Картинка с флагами и флажок на карте - это тоже "перемога". Но не та, на которую они изначально рассчитывали.
Те, кто держал Лиман - герои, вошедшие в историю.…
Картинка с флагами и флажок на карте - это тоже "перемога". Но не та, на которую они изначально рассчитывали.
Те, кто держал Лиман - герои, вошедшие в историю.…
Attention. Translated from Ukrainian channel:
Our source reports that a huge problem has matured in Ukraine. The office of the President abandoned the internally displaced persons who believed Zelensky and moved to the controlled territory of Ukraine, in the hope that they would be given housing, work and compensation for the loss of property.
Months have passed, but the issue has not moved from the dead point of loud slogans. There is no legislative base, there is no housing stock, there are no distribution mechanisms, everything is just beautiful in the headlines, but in reality, people have been left to their own devices. They pay $60 per month, although renting an apartment costs at least $200, excluding utilities. There are almost no jobs. Further, things get even worse, inflation is growing, salaries and savings are depreciating. Even heating in the country may not be available in winter, and people do not have money to buy alternative sources of heating.
The only thing that is saving Bankova (Ukrainian Office of President) now is the military case, which distracts the masses and brings euphoria about victories, but it may end soon, and then everything can “flare up”.
Another moment that plays a role in the moods within society is the fact that in Mariupol they are already building and distributing housing, and in Ukraine they have not been able to build more than one residential building for people during this time.
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Our source reports that a huge problem has matured in Ukraine. The office of the President abandoned the internally displaced persons who believed Zelensky and moved to the controlled territory of Ukraine, in the hope that they would be given housing, work and compensation for the loss of property.
Months have passed, but the issue has not moved from the dead point of loud slogans. There is no legislative base, there is no housing stock, there are no distribution mechanisms, everything is just beautiful in the headlines, but in reality, people have been left to their own devices. They pay $60 per month, although renting an apartment costs at least $200, excluding utilities. There are almost no jobs. Further, things get even worse, inflation is growing, salaries and savings are depreciating. Even heating in the country may not be available in winter, and people do not have money to buy alternative sources of heating.
The only thing that is saving Bankova (Ukrainian Office of President) now is the military case, which distracts the masses and brings euphoria about victories, but it may end soon, and then everything can “flare up”.
Another moment that plays a role in the moods within society is the fact that in Mariupol they are already building and distributing housing, and in Ukraine they have not been able to build more than one residential building for people during this time.
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Легитимный
#Слухи
Наш источник сообщает, что в Украине назрела огромная проблема. Офис Президента кинул вынужденных переселенцев, которые поверили Зеленскому и переехали на подконтрольную территорию Украины, в надежде, что им дадут жильё, работу и компенсируют потерю…
Наш источник сообщает, что в Украине назрела огромная проблема. Офис Президента кинул вынужденных переселенцев, которые поверили Зеленскому и переехали на подконтрольную территорию Украины, в надежде, что им дадут жильё, работу и компенсируют потерю…
Translated from Platon Besedin:
Abandoned Balakleya, Kupyansk, Izyum - this was the beginning. The one that pissed off a lot of people. And these were Ukrainian territories. What the punishers did with ordinary people there - they raped, killed, tortured for the mere suspicion of complicity with the "occupiers" - everyone remembers.
Krasny Liman is already, in a certain sense, the territory of Russia. Part of the DPR, which yesterday became part of Russia. What will happen to ordinary people there now? And what will Ukrainian punishers do with them? Can you imagine? It is better not to imagine, but to pray for the innocent. Therefore, the phrases that “Liman solved the most important task” and further down the list - such statements do not reassure. Often the opposite. After all, protecting people is what matters most.
Our guys fought there not just bravely - they showed a colossal feat. But what about the generals? Did they even understand what happened? Or are they just shaking for their shoulder straps?
And now it is extremely important how the “talking heads” will tell us about the abandonment of Krasny Liman and how they will be presented in the reports of the RF Ministry of Defence. Will there be something real, thoughtful? If we again begin to soar about the "gut" into which the Armed Forces were driven, about regrouping and other things ("high-precision weapons ..."), then it will be a disaster. The real disaster.
I hope that those who make decisions will have the sense to treat the tragedy of the Krasny Liman, if not with soul, then at least with the mind, and not act according to standard patterns. Otherwise it's a dead end. The time has come to take responsibility, and not to drag the war on the shoulders of ordinary fighters and commanders on the ground.
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Abandoned Balakleya, Kupyansk, Izyum - this was the beginning. The one that pissed off a lot of people. And these were Ukrainian territories. What the punishers did with ordinary people there - they raped, killed, tortured for the mere suspicion of complicity with the "occupiers" - everyone remembers.
Krasny Liman is already, in a certain sense, the territory of Russia. Part of the DPR, which yesterday became part of Russia. What will happen to ordinary people there now? And what will Ukrainian punishers do with them? Can you imagine? It is better not to imagine, but to pray for the innocent. Therefore, the phrases that “Liman solved the most important task” and further down the list - such statements do not reassure. Often the opposite. After all, protecting people is what matters most.
Our guys fought there not just bravely - they showed a colossal feat. But what about the generals? Did they even understand what happened? Or are they just shaking for their shoulder straps?
And now it is extremely important how the “talking heads” will tell us about the abandonment of Krasny Liman and how they will be presented in the reports of the RF Ministry of Defence. Will there be something real, thoughtful? If we again begin to soar about the "gut" into which the Armed Forces were driven, about regrouping and other things ("high-precision weapons ..."), then it will be a disaster. The real disaster.
I hope that those who make decisions will have the sense to treat the tragedy of the Krasny Liman, if not with soul, then at least with the mind, and not act according to standard patterns. Otherwise it's a dead end. The time has come to take responsibility, and not to drag the war on the shoulders of ordinary fighters and commanders on the ground.
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Платон Беседин
А вот теперь очень важный момент.
Оставленные Балаклея, Купянск, Изюм – это было начало. То, что вывело из себя многих. И это были украинские территории. Что там каратели делали с простыми людьми – насиловали, убивали, пытали за одно лишь подозрение в пособничестве…
Оставленные Балаклея, Купянск, Изюм – это было начало. То, что вывело из себя многих. И это были украинские территории. Что там каратели делали с простыми людьми – насиловали, убивали, пытали за одно лишь подозрение в пособничестве…
😢3
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Buryat cavalry of the nuclear apocalypse...
It is not a joke. It is a drill. 😱
From Dambiev
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It is not a joke. It is a drill. 😱
From Dambiev
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😁3
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The transfer of armored vehicles of the Armed Forces of the Russian Federation across the Crimean bridge.
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Forwarded from Straiight Talk News 💊
⚡️📣BREAKING CHINA TOLD IT'S BANKS TO PREPARE TO DUMP THE USD$️ ⚡️📣
"The People's Bank of China (Central Bank, Central Bank) told the country's state banks to get ready to sell dollars and buy yuan to support the rate of national currency. This is reported by Reuters, citing several sources.
According to the agency, the Central Bank wants state banks to start buying yuan for dollars from their overseas subsidiaries, including those in Hong Kong, London and New York.
The simultaneous purchase of yuan while selling dollars should help the national currency strengthen its position, the agency said. The Central Bank took this measure against the background of a significant fall in the yuan against the dollar. Since the beginning of the year the Chinese currency has fallen by more than 11%, and at the end of the year the decline could be a record for the past 26 years."
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"The People's Bank of China (Central Bank, Central Bank) told the country's state banks to get ready to sell dollars and buy yuan to support the rate of national currency. This is reported by Reuters, citing several sources.
According to the agency, the Central Bank wants state banks to start buying yuan for dollars from their overseas subsidiaries, including those in Hong Kong, London and New York.
The simultaneous purchase of yuan while selling dollars should help the national currency strengthen its position, the agency said. The Central Bank took this measure against the background of a significant fall in the yuan against the dollar. Since the beginning of the year the Chinese currency has fallen by more than 11%, and at the end of the year the decline could be a record for the past 26 years."
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👍5