News

Our greatest glory is not in never falling, but in rising every time we fall. - Confucius -

  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success

news

2019/08/06

China Acts to Limit Yuan Plunge After Being Labelled Manipulator

China took steps to slow the yuan’s descent as the effects of Monday’s tumble continued to weigh on markets. The People’s Bank of China set the daily currency fixing stronger than analysts expected and announced the planned sale of yuan-denominated bonds in Hong Kong. The moves, which came hours after the U.S. labelled the country a currency manipulator, helped drive the offshore yuan higher. - Bloomberg



read more

Copyright © 2015 LOLC Securities Limited. All Rights Reserved. Website Design, Development & Hosting by eBEYONDS.