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RMB Drops Below 7.15: Will Devaluation Continue?

RMB Drops Below 7.15: Will Devaluation Continue?

As of now, the exchange rate of the Chinese yuan against the US dollar has dropped to 7.15, compared to 6.3 in March 2022, the yuan has depreciated by almost 10%. This is also the third time since Aug...


$6.3T Money Market Fund Welcomes First ETF

$6.3T Money Market Fund Welcomes First ETF

On Wednesday, the money market fund sector, which has a staggering scale of up to $6.3 trillion, welcomed its first ETF — the Texas Capital Government Money Market ETF, which began trading under the...