Browsing Tag
Chinese Yuan
112 posts
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…
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.…