Yuan

© Reuters. FILE PHOTO: Chinese Yuan banknotes are seen in this illustration taken on February 10, 2020. REUTERS / Dado Ruvic / Illustration // File Photo Written by Winnie Zhou, Brenda Goh, and Tom Westbrook SHANGHAI/SINGAPORE…

© Reuters. Chinese yuan and US dollar banknotes are shown in this illustration taken on March 10, 2023. REUTERS/Dado Rovic/Illustration Written by Winnie Zhou and Ray Wei SHANGHAI/SINGAPORE (Reuters) - The heavily managed Chinese…

© Reuters. Investing.com - Most Asian currencies moved slightly on Thursday and the dollar rose to a seven-week high on optimism about a US debt limit hike and the expectation of more signals about monetary policy. A major farrier…

Investing.com - Asian currencies fell further on Wednesday, while the dollar held steady amid hawkish comments from Federal Reserve officials, while concerns about slowing economic growth sent the Chinese yuan lower past key levels.…

Welcome to Latam Insights, a compendium of the latest cryptocurrency and economic development news from Latin America over the past week. In this case, Bolivia is considering using the Chinese yuan in international trade…

(Bloomberg) -- China's yuan has held up against the dollar in recent weeks, but that only masks a broader currency depreciation that may be set to accelerate. This week, the currency slid to a more than four-month low against a…

2/2 © Reuters. FILE PHOTO: A model of a natural gas pipeline, Russian and Chinese flags, yuan and ruble banknotes in this illustration taken on September 7, 2022. REUTERS/Dado Ruvic/Illustration/File Photo 2/2 by Chen Aizhu…

Russia will start buying Chinese yuan for its international reserves as soon as this month, according to reports from Russian economists. While analysts say the purchases will be small and symbolic at first, they are supposed to…

Although the dollar has been overtaken in cross-border payments in China, the use of the yuan in financing global trade remains low. The Chinese Yuan has become the most used currency for cross-border transactions in China. In March,…

Economist Nouriel Roubini, also known as “Dr. Doom,” predicts that the global reserve currency system will shift from unipolar to bipolar. It is expected that most of the countries that are trying to reduce their dependence on the…