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You Searched For "dollar vs yuan" and got 20 results


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2 mins read

Russian FX trading is almost entirely in yuan as sanctions restrict dollar use

The Chinese yuan takeover comes after sanctions halted trading in the dollar and euro.

Filip De Mott   


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1 min read

China's yuan is tumbling amid US sanctions and as central banks boost dollar holdings

China's yuan fell to its lowest value against the ruble in a year as holders eye the impact of sanc…

Jennifer Sor   


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3 mins read

De-dollarization is not working out in China, where businesses are hanging onto their US dollars

Despite discussions about de-dollarization, the US dollar still dominates global foreign reserves, …

Huileng Tan   


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2 mins read

Russia adopts Chinese yuan-to-ruble as benchmark exchange rate after US sanctions force a further move away from the dollar

Russia's central bank said on Thursday that the currencies from "friendly countries" and the ruble …

Huileng Tan   


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The Chinese yuan has helped fund Russia's trade and war machine — but those days may be numbered

Russia is looking into alternative payments infrastructure — which a top Russian banker said should…

Huileng Tan   


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Rupee trades in narrow range against US dollar in early trade

At the interbank foreign exchange market, the local unit moved in a narrow range. It opened at …

PTI   


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1 min read

Trump's tough trade stance could undercut his plans for a weaker dollar

Trump wants both trade barriers and a weaker dollar. But raising tariffs typically creates a strong…

Filip De Mott   


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2 mins read

China's yuan will take over as Russia's main trade currency 'once and for all' as US sanctions get tighter, think tank says

Ruble volatility will get worse in Russia amid fresh US sanctions, but this offers a way for the Ch…

Filip De Mott   


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3 mins read

People in China continue to buy gold even as the currency remains weak!

Record-high gold prices driven by global uncertainties and central bank rate cuts lead to increased…

Huileng Tan   


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2 mins read

China's quest to turn the yuan into a global currency isn't actually driven by domination. It's about sanctions.

In a recent global survey of 1,660 enterprises, many respondents said their trading partners were u…

Huileng Tan   


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2 mins read

China's push to internationalize the yuan and reduce dependence on the US dollar is working, economist says

The yuan has seen a boost in the share of global payments using the currency this year, which could…

Aruni Soni   


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3 mins read

China faces 5 big obstacles in its effort to de-dollarize and boost the yuan on the world stage

Obstacles include China's capital controls and the longstanding popularity and use of the US dollar…

Jennifer Sor   


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1 min read

Bank of China eyes de-dollarization move in Africa, pushing the yuan in a top copper producer

The Bank of China's office in Zambia is pushing to increase trade using the yuan in Africa's second…

Aruni Soni   


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1 min read

China signs yuan-denominated loans for Belt and Road Initiative, accelerating de-dollarization

Beijing's yuan lending spree comes after most of its prior Belt and Road Initiative loans were deno…

Aruni Soni   


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1 min read

Argentina used Chinese yuan for part of its payment to the IMF as US dollars remain scarce

To meet maturity payments on its $44 billion debt deal with the IMF, Argentina has previously tappe…

Filip De Mott   


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2 mins read

The biggest threat to the dollar isn't other countries but America's own dysfunction, think tank experts say

Although some foreign economies are trying to de-dollarize, US domestic instability is the real thr…

Filip De Mott   


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1 min read

Russia shuts down dollar and euro trading after sweeping US sanctions take aim at Moscow's financial lifelines

Russians were lining up at one lender that was still offering dollars after trade was restricted fo…

Filip De Mott   


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The dollar's demise has been over-exaggerated

Dollar holdings actually gained last year among global reserves, casting a shadow over last year's …

Filip De Mott   


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Here's why China's yuan will never be able to dethrone the US dollar

"That weaponization of the dollar is part of the reason why Russia, China, and other BRICS nations …

Matthew Fox   


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2 mins read

De-dollarized payment systems are cropping up. Here's why they're unlikely to dent greenback dominance.

"The emergence of the technological capacity to drive de-dollarisation does not necessarily mean de…

Filip De Mott