3,888 Results for:

November 17, 2016

China
China’s October Reserve Sales, And A New Reserves Puzzle

My preferred indicators of Chinese intervention are now available for October, and they send conflicting messages. The changes in the balance sheet of the People’s Bank of China (PBOC) point to si…

tracking-the-yuan-v-reserves-v-settlement

October 24, 2016

China
China’s September Reserve Sales (Using the Intervention Proxies)

The most valuable indicators of China’s intervention in the foreign exchange (FX) market are now out, and both point to a pick-up in sales in September, and more generally in Q3. The data on F…

china-fx-settlement-v-cny

December 3, 2019

Saudi Arabia
Mohammed bin Salman Is Having a Fire Sale of His Political Power

Saudi Arabia’s crown prince will take money from investors in the national oil company—but he’ll be giving up far more than he thinks.

Saudi Crown Prince Mohammed bin Salman attends a session of the Shura Council in Riyadh, Saudi Arabia November 20, 2019.

May 31, 2016

China
What Drove China’s Large Reserve Sales?

China never was going to transition from one of the most heavily managed currencies in the world to a free float overnight. The critical question always has been how China is going to manage its curr…

Take 8

September 24, 2010

Saudi Arabia
Is Big Saudi Arms Sale a Good Idea?

Four experts discuss the merits of the Obama administration’s proposed $60 billion arms deal with Saudi Arabia.