This is a Russia news story, published by The Moscow Times, that relates primarily to Chinese yuan news.
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yuan liquidityThe Moscow Times
•69% Informative
Russia will increase sales of Chinese yuan on domestic foreign exchange market to 8.4 billion rubles daily from Oct. 7 to Nov. 6 .
In the summer of 2024 the Russian currency market faced a shortage of yuan liquidity, as demand for the Chinese currency outstripped supply and banks could not cover their open currency positions.
This liquidity shortage peaked in September , with the rate on one-day yuan repo operations surging to over 212% on some trading days .
VR Score
75
Informative language
84
Neutral language
1
Article tone
semi-formal
Language
English
Language complexity
52
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Hate speech
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Attention-grabbing headline
detected
Known propaganda techniques
not detected
Time-value
short-lived
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1
Source diversity
1
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