The Chinese yuan is gaining prominence in global finance as more nations look beyond the US dollar. Its share in worldwide ...
The post-COVID economic recovery in China weakened in Q2, which has forced the Chinese government to deploy a fresh stimulus package to assist the economy. The U.S. dollar has been gaining against the ...
To say the roof hasn’t caved in on the dollar is an understatement. Despite the doomsaying that was pervasive after the White House imposed sweeping tariffs, the greenback is as entrenched in the cogs ...
SHANGHAI, March 25 (Reuters) - China's yuan rebounded sharply against the dollar on Monday, propped up by suspected selling of dollars by state-owned banks and a strong official guidance set by the ...
To say the roof hasn’t caved in on the dollar is an understatement. Despite the doomsaying that was pervasive after the White ...
When the first caravans carrying Chinese silks arrived in ancient Rome, it set off a female fashion craze. The wives of senators and generals had never felt or seen anything so lustrous. Like the ...
Some investors are overestimating the stockpile of Chinese money that could be converted back into yuan, as firms may not yet be ready to abandon dollar holdings, according to Goldman Sachs Group Inc.
Indian state-run refiners have resumed payments in Chinese yuan for Russian oil shipments, amid signs of improving diplomatic ...
SHANGHAI/SINGAPORE, June 14 (Reuters) - Bond markets are putting Chinese and global rates on opposite paths, speculating on cuts in China against hikes in the U.S. and prompting banks and Chinese ...
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