Browsing Tag
Chinese Yuan
106 posts
BRICS: India Refuses To Pay Chinese Yuan for Oil, Prefers US Dollar
Cracks are developing between the top three BRICS members India, China, and Russia over payment options for Russian…
BRICS: India Unhappy About Ditching the US Dollar For Oil
Cracks are emerging in BRICS as India is showing discomfort with paying the Chinese Yuan to procure oil…
BRICS: George Soros Business Partner Predicts Future of the US Dollar
Renowned veteran investor Jim Rogers who co-founded the Quantum Fund with billionaire George Soros has warned that BRICS…
BRICS: Is Chinese Yuan a Growing Threat to the U.S. Dollar?
The BRICS alliance made it clear at the ongoing summit in Johannesburg that local currencies will be used…
BRICS: Argentina Using Chinese Yuan in IMF Payment
With the BRICS Summit less than a month away, Argentina and Bolivia are using the Chinese yuan for…
BRICS: Bolivia Ditches U.S. Dollar, Pays Chinese Yuan for Global Trade
The BRICS alliance is becoming successful in convincing developing countries to end reliance on the U.S. dollar and…
BRICS: Will the Chinese Yuan Replace U.S. Dollar as Global Reserve?
The BRICS alliance is looking to create an alternative currency to challenge the U.S. dollar’s global reserve supremacy.…
BRICS: U.S Home Appliance Brand Whirlpool Ready To Pay in Chinese Yuan
The U.S. home appliance brand Whirlpool is finding it hard to sustain business in Argentina and now depends…
BRICS: America’s Whirlpool Looks To Pay in Chinese Yuan, Not US Dollar
America’s leading home appliance firm Whirlpool is considering settling cross-border transactions in its factory in Argentina using the…
BRICS: India Saves $7 Billion by Ditching U.S. Dollar For Oil Trade
The U.S. sanctions pressed against Russia are helping India and other developing countries to purchase crude oil at…