Reserve assets

In this photo released by Lebanon's official government photographer Dalati Nohra, Lebanese President Michel Aoun, center, meets with political leaders with the aim of finding solutions to the country's economic crisis, in the presidential palace, in Baabda, east of Beirut, Lebanon, Monday, Sept. 2, 2019. Aoun said in a speech at the opening of the one-day session that everyone should make "sacrifices" in order to get one of the world's most indebted countries out of its problems. (Dalati Nohra via AP)
September 04, 2019 - 9:50 am
BEIRUT (AP) — An international ratings agency warned Wednesday there is a risk that customer deposit flows, particularly by nonresidents, could continue to decline in Lebanon, resulting in an accelerated drawdown of foreign currency reserves that would test the highly indebted country's ability to...
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In this Tuesday, Aug. 6, 2019, photo, a man walks by a money exchange shop decorated with Chinese yuan banknotes and other countries currency banknotes at Central, a business district in Hong Kong. China's yuan has weakened again after signs its decline was stabilizing helped to reassure financial markets. (AP Photo/Kin Cheung)
August 07, 2019 - 7:16 am
BEIJING (AP) — China's currency weakened again Wednesday after hopes among financial traders that its decline was stabilizing helped to calm jittery global markets. The yuan edged down to 7.0488 to the U.S. dollar, about 0.4% below its level late Tuesday. The currency strengthened slightly to 7...
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International Monetary Fund (IMF) Managing Director Christine Lagarde, right, and European Central Bank (ECB) President Mario Draghi, left, speak prior to G20 Finance Ministers' and Central Bank Governors' Meeting Saturday, June 8, 2019, in Fukuoka, western Japan. (AP Photo/Eugene Hoshiko, Pool)
June 13, 2019 - 7:41 am
FRANKFURT, Germany (AP) — The euro has gained ground on the dollar as a global currency used for government reserves as U.S. sanctions deter some countries' use of the U.S. currency. The dollar, however, is still very much the dominant currency for international trade, borrowing and reserves. That...
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November 07, 2018 - 5:34 am
BEIJING (AP) — China's foreign currency reserves declined in October, suggesting Beijing might be intervening in market to keep its yuan's politically sensitive exchange rate from falling to far against the dollar. Central bank data on Wednesday showed the reserves, the world's biggest, contracted...
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Russian President Vladimir Putin, left, and Egyptian President Abdel-Fattah el-Sissi, shake hands during their meeting in Sochi, Russia, Wednesday, Oct. 17, 2018. (Alexei Druzhinin, Sputnik, Kremlin Pool Photo via AP)
October 18, 2018 - 10:43 am
MOSCOW (AP) — The Latest on Russia President Vladimir Putin's comments (all times local): 5:30 p.m. Russian President Vladimir Putin says U.S. sanctions against his country and others have eroded international trust in the United States dollar. Putin said at an international policy forum in Sochi...
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