南华早报
12:08 · Jan 27, 2025 · Mon
BYD allots US$5 billion for forex derivatives trading to hedge risks from yuan volatility
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BYD allots US$5 billion for forex derivatives trading to hed…
By Daniel Ren BYD, the world’s largest electric vehicle (EV) maker, has earmarked US$5 billion for foreign exchange derivatives trading to reduce risks to its fast-growing global operations from the yuan’s volatility amid rising geopolitical tensions. “To…
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