Browsing Tag
Yuan
76 posts
BRICS: 80+ Countries De-Dollarize As Yuan, Rupee, Ruble Replace US Dollar
BRICS de-dollarization trade is not a future scenario anymore. It is happening right now, in live currency corridors…
Indian Refiners Turn to Rupee, Yuan, Dirham for Russian Oil Deals
The US dollar is currently experiencing headwinds, as tensions surrounding the US-Iran war continue to pile up rapidly.…
Standard Chartered Says Businesses Are Eyeing To Borrow in the Yuan
Several businesses around the global market are now increasingly eyeing borrowing in the Chinese yuan. The development will…
BRICS Member China Announces Internationalization of the Chinese Yuan
The People’s Bank of China’s (PBOC) Governor Pan Gongsheng announced on Tuesday that the country is pursuing the…
BRICS: Yuan Hits 2023 High vs Dollar After China Limits US Bonds
Yuan peaks against the US dollar and it is currently trading at its best since May 2023 at…
BRICS De-Dollarization Plan Exposed by China’s Top Economist
BRICS de-dollarization strategy was actually exposed by Chinese economist Jian Lian in recent discussions. He revealed how Beijing…
De-Dollarization BRICS Update: Yuan Strategy Marks Major Turning Point
A de-dollarization BRICS update has been catalyzed as Indonesia launches yuan-centered foreign exchange operations, and this signals a…
Moscow Plans Yuan Bonds to Manage BRICS Energy Export Funds
Moscow’s yuan bonds mark Russia’s first-ever domestic debt issuance in Chinese currency, and officials actually scheduled the placement…
China–ASEAN Pact Reshapes BRICS Trade as Yuan Hits New Milestone
BRICS trade yuan activity has surged right now as the currency reached 8.5% of global forex trades in…
China and South Africa Banks Seal First Yuan Loan Under BRICS
A BRICS yuan loan agreement was signed this week between China Development Bank and the Development Bank of…