Browsing Tag
Chinese Yuan
80 posts
Iraq Stops Chinese Yuan Transactions Under US Pressure
Iraq recently stopped all bank deals using Chinese yuan, which has affected the country’s money matters. This move…
US Dollar’s Biggest Jump Sends Local Currencies Sliding
The US dollar is showing no mercy to local currencies and making them slide to new yearly lows.…
BRICS: Sanctions Turning Chinese Yuan as Main Currency, Not US Dollar
US Treasury Secretary Janet Yellen confirmed that sanctions led to BRICS kick-start the global de-dollarization initiatives. The US…
Chinese Yuan Strengthens Against the US Dollar: What’s Going On?
The Chinese yuan has amped up against the US dollar in an unprecedented change of events. The Chinese…
BRICS: Iraq Sides With US, Halts All Chinese Yuan Transactions
BRICS member China was pushing the Chinese yuan for trade transfers with Iraq and has now received a…
10 SCO Countries Ready To Ditch US Dollar For Trade
The SCO 2024 summit is currently being held in Kazakhstan and the 10 member countries are participating in…
SCO Summit: India Doesn’t Want To Replace US Dollar With Chinese Yuan
The SCO 2024 summit is showcasing India’s growing discontent with China and its advancement of pushing the Chinese…
BRICS: Start of De-Dollarization, 52% Trade in China Settled in Yuan
BRICS member China is serious about de-dollarization and is doing everything possible to stop the US dollar’s rise.…
Petrodollar: US Dollar in Jeopardy If Saudi Arabia Stops Accepting USD
All eyes are on the petrodollar agreement as the future of the US dollar depends on Saudi Arabia’s…
ASEAN: Trade With China Hits $300 Billion, Increase 8.5% in 2024
The ASEAN alliance is now officially the biggest trading partner of China in Q1 of 2024. The latest…