Browsing Tag
Yuan
41 posts
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.…
BRICS: Russia Dumps Currencies Worth $8.7 Million in Yuan & Ruble Set
BRICS member Russia is aggressively buying and selling currencies in the foreign exchange markets. The Central Bank of…
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: China Targets Firms Making Bulk US Dollar Purchases
The US dollar is rising against the Chinese yuan, and the Communist country is worried about the development.…