yuan
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Currencies
Russia, China boycott dollar, using national currencies for over 90% of mutual payments – Firstpost
Russia and its ally China have “almost completely” ditched the US dollar to settle bilateral trade. Instead, they are using…
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Currencies
The Chinese Currency Drop Is Spurred By Fear And Envy
China’s intention to weaken its currency is likely prodded by a mix of its macroeconomic troubles and rising competition with…
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Currencies
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…
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Currencies
Opinion | As yen sinks, Japan must avoid goading China into a currency war
Let’s hope Xi resists this urge. It’s not hard to count the ways such a move could backfire on the…
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Brokers
Million-dollar jobs, travel perks and racy parties vanish as China’s research pullback sends chills through banks and brokers
The cutbacks, described by people familiar with the matter, come as a prolonged market slump reduces trading commissions and authorities…
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US Dollar gets costlier to borrow in China in new sign of Yuan woes
The premium to borrow dollars in China’s local markets has jumped over the past month, another example of the resurgent…
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Currencies
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 intensifying, arguments…
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Trading
China currency: yuan traders grow anxious at prospect of Donald Trump return to White House
A gauge of the cost to hedge the Chinese currency which covers the November 5 vote has climbed to the…
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