A shift away from the US dollar is happening in real time, and investors must be ready
The US dollar’s dominance is in decline as Russia and Saudi Arabia eye the Chinese yuan for oil trades, and...
archiveChinese Yuan
3 Reasons Why the Dollar Can’t Be Dethroned
De-dollarization efforts won't do much to dethrone the dollar, Morgan Stanley said. There are no true alternatives to holding the...
Dedollarization: Yuan Tops Dollar As Most Traded Currency in Russia
China's yuan became the most traded foreign currency on the Moscow Exchange last year. The yuan accounted for 42% of...
Can BRICS de-dollarise the global financial system?
The highlight of the 15th BRICS summit was the agreement to admit six new member countries – Argentina, Egypt, Ethiopia,...
China’s Yuan Revolution Reaches Brazil and Argentina – The Diplomat
Under Xi Jinping’s leadership, China has more aggressively sought to establish its currency power abroad, creating growing competition with the...
Why the US Dollar Won’t Bow Out – The Diplomat
The world of international finance has been abuzz with discussions of de-dollarization. Recent events such as the BRICS expansion and...
Argentina chooses Chinese Yuan over US dollar amid economic crisis
Argentina's economic crisis and South American nation's continued reliance on the US dollar has resulted into an opportunity for Chinese...
