Browsing Tag
Yuan
34 posts
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…
US Dollar Hammers Chinese Yuan, Indian Rupee & Japanese Yen
In a recent development, the US dollar has emerged as the ultimate winner in a clash against notable…
BRICS: China Dumping US Dollars To Keep Yuan on Top?
BRICS member China saw its currency, the Yuan, rise against the US dollar in the foreign exchange market.…
Can Local Currencies Dethrone The US dollar?
The US dollar has gradually become a raving topic among financial analysts and economists. With calls for de-dollarization…
3 Countries Use The Chinese Yuan More Than the US Dollar
China is leaving no stone unturned to bolster Yuan’s prominence on a global scale. The country has already…
The Chinese Yuan Is Unsettling the US Dollar: Here’s Why
For decades, the US dollar has ruled over global marketing narratives. The currency has had a long and…
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: China Aggressively Dumps US Dollars For 3 Days Straight
BRICS member China is yet again dumping US dollars in the global currency markets to protect the Chinese…
BRICS: China & Saudi Arabia Sign $7 Billion Currency Swap Deal
BRICS members China and Saudi Arabia have kick-started the de-dollarization efforts by keeping the US dollar out for…
BRICS: Russia Outperforms US Dollar by Dumping Yuan & Ruble Currencies
BRICS member Russia recently dumped local currencies the Ruble and Chinese Yuan to take on the US dollar.…