CurrenciesChina’s yuan replaces US dollar, euro as Russia’s ‘primary’ foreign currency for overseas economic activityFebruary 1, 2024113But analysts said it still faces a reality check in multilateral deals even amid an expansion of the Brics group...
CurrenciesCan China’s pummelled yuan find strength with US Fed pausing interest hikes?November 2, 202346Even with China getting a bit of a respite from the US Federal Reserve’s decision to pause its interest-rate hikes...
CurrenciesChina’s yuan: financial regulators vow to stem speculation, not hesitate after currency slid to 16-year low against US dollarSeptember 11, 202368China’s financial regulators on Monday vowed to stem one-sided speculative bets on its currency after the yuan weakened to its...
CurrenciesChina’s yuan: how far will Beijing go to support its currency after slide to 16-year low against the US dollar?September 9, 202340And analysts have said that it still has the tools, including using its massive foreign reserves to prop up the...