Browsing Tag
Chinese Yuan
107 posts
Chinese Yuan Hits 16-Month High Against US Dollar
On Wednesday, the Chinese yuan hit its highest level in 16 months against the US dollar. The development…
Confidence In Chinese Yuan Grows, US Dollar Declines
Global confidence in the Chinese yuan is growing, while assurance in the US dollar is declining. Developing countries…
De-Dollarization: How Chinese Yuan Is Bringing the US Dollar Down
The United States dollar (USD) has been the world’s reserve currency for the longest time. Several governments have…
Can ASEAN Countries Make The Chinese Yuan An International Currency?
The Association of Southeast Asian Nations, popularly referred to as ASEAN nations, is one of the most powerful…
Can The Chinese Yuan Become an International Currency?
The usage of the Chinese yuan in cross-border transactions is increasing rapidly through the de-dollarization initiatives. Developing countries…
De-Dollarization: How the US Is Helping Chinese Yuan To Succeed
De-dollarization is the most buzzing word in the global financial sectors across Asia, Africa, and South America. Emerging…
Oil Prices: Is Petroyuan The New Petrodollar?
The oil domain is currently experiencing a volatile state of affairs. The petrodollar has long collapsed, with countries…
BRICS: China Exporters Stockpile $500 Billion, Chinese Yuan Could Rise
Chinese exporters have stockpiled a record $500 billion in 2024 after settling trade payments with other countries. The…
ASEAN’s Trade With China Surges To $500 Billion In 7 Months
ASEAN is currently emerging as a global trade beacon. The bloc is expanding its trade relations with China,…
BRICS: Chinese Yuan Beats Euro To Become the Second Most Used Currency
The Chinese yuan is surging rapidly in trade settlements elbowing the Euro to become the second most used…