Browsing Tag
Chinese Yuan
112 posts
Chinese Yuan Climbs 14.70% Against the US Dollar Since 2005
The Chinese yuan is down nearly 1.9% year-to-date against the US dollar in May 2024. However, the yuan…
The US Dollar Surges Against Global Currencies: What’s Happening?
The currency wars are now intensifying as the US dollar surges against global markets, and their “moolahs” are…
Chinese Businesses Hoard US Dollars Fearing the Yuan Could Weaken
President Xi Jinping is trying to counter the US dollar on the global stage by pushing the Chinese…
De-Dollarization: Russia Has No Choice Than Using Chinese Yuan
Russia is in a ridiculous situation where it wants to balance the act of de-dollarization while keeping its…
BRICS: Even China’s Exporters Don’t Want the Chinese Yuan
BRICS member China is in trouble as the Chinese Yuan is unable to keep pace with the growing…
U.S. Dollar Batters 22 Asian Currencies in a Row
The DXY index, which measures the performance of the U.S. dollar shows the currency hovering around the 106…
Chinese Yuan Threatens To Uproot the US Dollar
The US dollar remains unfazed by the rising antics of multipolar currencies. However, that does not change the…
Local Currencies Bow to the Mighty US Dollar in 2024
The dreams of a de-dollarization world kick-started by developing countries in 2024 remain just that, a dream. The…
What De-Dollarization? US Dollar Bulldozes BRICS Currencies
The BRICS alliance kick-started the de-dollarization agenda to pull the US dollar down from the global reserve status…
Where’s De-Dollarization? US Dollar Hammers Other Currencies in 2024
A handful of developing countries in Asia, Africa, and Latin America launched de-dollarization initiatives hoping to pull the…