China’s yuan replaces US dollar, euro as Russia’s ‘primary’ foreign currency for overseas economic activity
But analysts said it still faces a reality check in multilateral deals even amid an expansion of the Brics group...
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Can China’s pummelled yuan find strength with US Fed pausing interest hikes?
Even with China getting a bit of a respite from the US Federal Reserve’s decision to pause its interest-rate hikes...
China’s yuan: financial regulators vow to stem speculation, not hesitate after currency slid to 16-year low against US dollar
China’s financial regulators on Monday vowed to stem one-sided speculative bets on its currency after the yuan weakened to its...
China’s yuan: how far will Beijing go to support its currency after slide to 16-year low against the US dollar?
And analysts have said that it still has the tools, including using its massive foreign reserves to prop up the...
China-led de-dollarisation gains traction among emerging economies ahead of Brics summit
The economic expansion of Brics could determine the speed at which it adopts commercial and financial systems outside of the...
