The varied approaches of the different banks displayed a segmented market structure. High-end players like Oromia unveiled potential dollar shortages or external financial commitments. #ForexMarket #BirrWatch #CurrencyTransition #ManagedFloat

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The auction by the Central Bank offers a glimpse of policy intentions, yet only 12 of the 32 banks participated last week. #ForexMarket #BirrWatch #CurrencyTransition #ManagedFloat

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The foreign exchange market may seem calm on the surface last week, but there's a flurry of activity beneath. The Brewed Buck saw buying rates around 131.95 Br, while average selling rates settled near 134.60 Br. #ForexMarket #ManagedFloat

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will loosen Beijing's grip on the fixing, or reinforce it. That leaves currency traders parsing not just the data, but the daily midpoint that follows. #Yuan #ManagedFloat #PBOC

12/🛑 For countries facing severe imbalances, MMT considers temporary capital controls or managed floats as potential policy options. It may also suggest temporary luxury import bans to shift pressure onto exporters. #CapitalControls #ManagedFloat

giornaliero che segue.

#Yuan #ManagedFloat #PBOC