The bank halted its government bond purchases Friday in an attempt to slow a one-way bonds trade that’s put unwanted downward pressure on the yuan, analysts say.
China’s yuan initially firmed on Friday after the central bank said it would suspend treasury bond purchases, triggering a jump in bond yields, but later fell back to fresh 16-month lows. The People’s ...
Kennedy Mwaura Njeri passed the 2024 KCSE with flying colours. The boy had lost hope after failing to land a bank scholarship ...