Browsing Tag
Chinese Yuan
121 posts
BRICS To Take Loans in Chinese Yuan, Ditch US Dollar
BRICS members Russia and China are looking to ditch the US dollar for loans and use the Chinese…
BRICS: China Pushes Yuan in Africa, Reduces US Dollar Debt Repayment
The US imports its debt around the world making other countries carry the risk of hoarding the currency.…
BRICS: Half of All China’s Trade Now Settled In The Chinese Yuan
As BRICS continues to push to ditch the US Dollar in 2024, China is now settling half of…
BRICS: China Stockpiling 1.39 Million Barrels of Oil Every Day
BRICS member China is taking undue advantage of lower crude oil prices by stockpiling 1.39 million barrels every…
BRICS: African Nations Seeking China’s Yuan, Ditching US Dollar
In a continuation of the BRICS de-dollarization plans, a host of African nations are seeking to increase holdings…
BRICS: Chinese Yuan Beats US Dollar as Top Traded Currency in Russia
The Chinese Yuan is officially the top most traded currency in Russia surpassing the US dollar by 2.5%.…
BRICS: JP Morgan Predicts Future of the US Dollar Against Chinese Yuan
The global leading bank JP Morgan has predicted the future of the US dollar against BRICS member’s local…
BRICS: China Injects Record 1.4 Trillion Yuan Into Money Markets
BRICS member China is pumping the Chinese Yuan into the money markets extending support to its native economy.…
BRICS: Tourists in Singapore & China Pay Chinese Yuan, Not US Dollar
BRICS member China teamed up with Singapore to allow tourists the option to pay in the digital Chinese…
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…