Browsing Tag
Chinese Yuan
122 posts
BRICS: China’s Central Bank Dumping US Dollar in the Currency Market
China’s Central Bank dumped the US dollar in the currency market for three consecutive days in December this…
BRICS: $2 Billion Copper Trade To Be Paid In Chinese Yuan, Not US Dollar
BRICS member China is convincing African nations to ditch the US dollar and trade in the Chinese Yuan…
BRICS: China Aggressively Dumps US Dollars For 3 Days Straight
BRICS member China is yet again dumping US dollars in the global currency markets to protect the Chinese…
BRICS: 150 Countries To Pay Chinese Yuan, Not USD for Loan Repayment?
BRICS member China could use the Belt and Road Initiative (BRI) to advance the Chinese Yuan and diminish…
BRICS: US Dollar Top Loser as Saudi Arabia Pays Chinese Yuan For Trade
The US dollar is put under pressure as BRICS members China and Saudi Arabia are advancing in the…
BRICS: Argentina Ditches US Dollar For IMF Payment, Pays Chinese Yuan
The new BRICS member Argentina paid the Chinese Yuan to settle an IMF payment and not the US…
BRICS: India Refuses To Pay Chinese Yuan for Oil, Prefers US Dollar
Cracks are developing between the top three BRICS members India, China, and Russia over payment options for Russian…
BRICS: India Unhappy About Ditching the US Dollar For Oil
Cracks are emerging in BRICS as India is showing discomfort with paying the Chinese Yuan to procure oil…
BRICS: George Soros Business Partner Predicts Future of the US Dollar
Renowned veteran investor Jim Rogers who co-founded the Quantum Fund with billionaire George Soros has warned that BRICS…
BRICS: Is Chinese Yuan a Growing Threat to the U.S. Dollar?
The BRICS alliance made it clear at the ongoing summit in Johannesburg that local currencies will be used…