{"id":51341,"date":"2021-09-24T19:23:08","date_gmt":"2021-09-24T15:23:08","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=51341"},"modified":"2021-09-24T19:27:29","modified_gmt":"2021-09-24T15:27:29","slug":"usd-climbs-as-uncertainty-over-evergrande-eases","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/usd-climbs-as-uncertainty-over-evergrande-eases\/09\/24\/market-updates\/","title":{"rendered":"USD climbs as uncertainty over Evergrande swirls"},"content":{"rendered":"\n<p>The U. S. dollar was on track for its biggest daily percentage gain against a basket of major currencies in a week during Friday\u2019s sessions.<br>Uncertainty over stressed Chinese Evergrande Group helped the USD bounce back from a sharp decline in the prior session. <br>Evergrande owes $305 billion but has run short of cash, missing a Thursday deadline for paying $83.5 million and leaving investors questioning whether it will make the payment before the expiry of the 30-day grace period.<br> A collapse of the company could create systemic risks to China&#8217;s financial system. <br>The safe-haven dollar had its biggest one-day percentage drop in about a month on Thursday after Beijing injected new cash into the financial system and Evergrande announced it would make interest payments on an onshore bond.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U. S. dollar was on track for its biggest daily percentage gain against a basket of major currencies in a week during Friday\u2019s sessions.Uncertainty over stressed Chinese Evergrande Group helped the USD bounce back from a sharp decline in the prior session. Evergrande owes $305 billion but has run short of cash, missing a &hellip;<\/p>\n","protected":false},"author":13,"featured_media":45576,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7452,7479,6871],"class_list":["post-51341","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-crisis","tag-evergrande","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/51341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=51341"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/51341\/revisions"}],"predecessor-version":[{"id":51387,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/51341\/revisions\/51387"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/45576"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=51341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=51341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=51341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}