Browsing Tag
Yuan
49 posts
BRICS: Saudi Arabia to Adopt Petroyuan for Oil Settlements, Ditch Petrodollar?
As the BRICS bloc continues its de-dollarization efforts, Saudi Arabia is reportedly considering the adoption of the petroyuan…
ASEAN: Malaysia Calls For Asian Monetary Fund To Derail US Dollar
The US dollar has many foes, and it seems that the prominent ASEAN nation Malaysia has now joined…
De-Dollarization Debunked: US Dollar Still King, Study Finds
Despite the consistent efforts of US dollar alternatives to derail the USD and trigger de-dollarization, a new study…
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…
US Dollar Continues to Dominate All Currencies: How Long Will It Last?
The US dollar has emerged victorious among its competitors, driving the currency dominance game to new levels. The…
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…