Browsing Tag
Yuan
44 posts
China’s Yuan Could Rally 5.5% Against U.S. Dollar in 2023: Asset Manager
With several nations raising concerns about the U.S. dollar, the de-dollarization narrative has been getting stronger in 2023.…
Will China & Russia Succeed in Replacing the U.S. Dollar?
A series of events unfolded recently challenging the supremacy of the U.S. dollar in the global marketplace. Firstly,…
CME Group Kickstarts Offshore Yuan Options Trading
On Monday, the Chicago Mercantile Exchange [CME] kickstarted options trading for Chinese yuan futures. The launch comes on…
Iraq to Allow Chinese Trades to be Settled in Yuan
The Central Bank of Iraq mentioned its plans to carry forward trade from China and settle the trades…
