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Jul 03,2023

"Year-on-year growth of 7.9! Domestic trade downturn, foreign trade demand recovery did not meet expectations, where is the growth point?"

On May 30, the Ministry of Transport released the national port cargo and container throughput data from January to May 2023. From January to May, the country's ports completed a total of 6.746 billion tons of cargo throughput, an increase of 7.9 percent over the same period last year, of which domestic and foreign trade throughput increased by 7.6 percent and 8.5 percent respectively, and completed container throughput of 0.122 billion TEUs, an increase of 4.8 percent over the same period last year.


Jun 29,2023

Attention! Violent interest rate hike of 650 basis points! The country's currency exchange rate has hit a record low.

The central bank said the measures were aimed at freeing up the market and ensuring stability, which would encourage the market to hold lira.


Jun 28,2023

"Accelerating depreciation of the yen! External purchasing power drops to its lowest level in nearly 50 years"

With the yen falling to the level where the Japanese government intervened to support the yen last year, currency traders are keeping an eye on whether the Japanese government will make another move.


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