China’s banking and insurance regulator has warned that short sellers shouldn’t bet against the yuan, despite the fact that the currency has lost more than 2.5 percent against the U.S. dollar. “Short-term fluctuation of the yuan exchange rate is normal, but in the long-run, China’s...
November 16, 2022
Muddy Waters Capital has unveiled a short of Uruguay-based, U.S.-listed payments company dLocal Ltd. (DLO) in a report that drew a swift response from the firm. In the report released Wednesday (Nov. 16), Muddy Waters Capital said dLocal has reported a rate of growth and profitability that makes it an “outlier.” “While we have found […]
May 26, 2019
China’s banking and insurance regulator has warned that short sellers shouldn’t bet against the yuan, despite the fact that the currency has lost more than 2.5 percent against the U.S....