Browsing Tag
Yuan
49 posts
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.…
China’s Digital Yuan CBDC Integrates Business Air Travel
Chinese business travelers can now reportedly pay for flight tickets using China’s digital yuan CBDC (Central Bank Digital…
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.…