scorecard

You Searched For "yuan" and got 20 results


Sort By:


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
1 min read

Yuan financing is growing costly for Russian businesses

Russian firms are already facing high debt costs as the country's central bank keeps rates high to …

Jennifer Sor   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
2 mins read

Stock market today: Record-setting rally stalls as Nvidia slides and economic data softens

The S&P 500 climbed above 5,500 for the first time before dropping back down. Nvidia's decline stem…

Max Adams,Matthew Fox   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
2 mins read

Amid market volatility, Sensex and Nifty close flat; Construction, automobile and PSU banks outperform

The stock market closed flat on Tuesday amid volatility. The benchmark index, Sensex, ended 33.48 p…

ANI   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
2 mins read

China sees the transition to green energy as a chance to elevate the yuan and dedollarize key markets

The transition to green energy is "an opportunity for the nation to raise the global standing of th…

Filip De Mott   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
2 mins read

China ramps up de-dollarization efforts by dumping a record amount of US bonds

China sold a record $53.3 billion worth of US Treasurys and agency bonds last quarter as it acceler…

Filip De Mott   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
3 mins read

The US-China rivalry will reshape the landscape for Big Tech earnings

Geopolitical conflict and a "tit for tat" rivalry between US and China is a risk to future tech-ear…

Yuheng Zhan   


Business Insider Latest Story Image
2 mins read

The US can do one big thing to weaken the dollar and put pressure on China

A reduction in the federal deficit would help tame inflation, weaken the US dollar, and open the do…

Matthew Fox   


Business Insider Latest Story Image
1 min read

Chinese state-owned banks are propping up the yuan while the central bank signals currency weakness

Chinese banks have frequently sold dollars in the currency market this year to stem the yuan's decl…

Aruni Soni