Browsing Tag
Chinese Yuan
106 posts
Currency: Fed Rate Cuts To Strengthen Yuan By 10%, Pushing Dollar Down
The implications of the federal rate cut have already started to show their ripple effect. In his recent…
BRICS: Payments in Chinese Yuan Surpasses the US Dollar by 2.5%
BRICS member China is taking full advantage of the US sanctions on Russia by pushing the Chinese yuan…
BRICS to Launch Crypto Exchange and Yuan-Pegged Stablecoin
BRICS Founder Russia has unveiled plans to launch state-backed crypto exchanges with the Chinese Yuan and BRICS-pegged stablecoins…
BRICS: Russia Plans To Link the Chinese Yuan For New Stablecoin
Russia has unveiled plans to launch two State-linked cryptocurrency exchanges to integrate digital payments for trade settlements. The…
BRICS: Chinese Yuan Can’t Replace US Dollar as Global Reserve Currency
BRICS member China is looking to make the Chinese yuan the world’s reserve currency by toppling the US…
ASEAN Limits Chinese Imports: Impact on Chinese Yuan?
ASEAN nations are now looking forward to restricting Chinese imports. The ten-nation bloc is embracing this direction due…
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…