yuan
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Businessone year ago
'China, Russia currencies servicing 25% of bilateral trade'
China and Russia have raised the share of national currencies in trade settlements to nearly a quarter.
'China, Russia currencies servicing 25% of bilateral trade'
Economic Divideone year ago
The rise of the digital Yuan
As technology advances, and the world can now be accessed via a handheld smart phone, the way in which we earn, spend and send money is changing, not only through the introduction of cryptocurrencies such as Bitcoin, but now it seems through digital national currencies, something that could change the way we bank forever.
The rise of the digital Yuan
Businessone year ago
Bank of Japan downplays fears over China's digital currency
The BOJ is not worried that China’s official digital currency could lead to a domination in the market.
Bank of Japan downplays fears over China's digital currency
Businessone year ago
Leading banks still bullish on yuan despite policymakers' nudge
Banks believe yuan will continue to rise despite new policies adopted by China to control its appreciation.
Leading banks still bullish on yuan despite policymakers' nudge
Businessone year ago
Dollar gives ground to higher-risk currencies as Chinese shares soar
The US dollar fell against most currencies on Thursday as a rally in riskier assets such as global equities and commodities put a dent in safe-haven demand for the US currency.
Dollar gives ground to higher-risk currencies as Chinese shares soar
China2 years ago
Beijing: US dropping of China’s currency cheat tag ‘in line with facts’
China says the US’s measure to reverse its decision to brand the Asian country a “currency manipulator” matches “facts” and the consensus of the international community.
Beijing: US dropping of China’s currency cheat tag ‘in line with facts’
Russia2 years ago
Russia to cut share of US dollar in National Wealth Fund
Russia will reduce the share of the US dollar in its National Wealth Fund and is considering investing in other foreign currencies including the Chinese yuan.
Russia to cut share of US dollar in National Wealth Fund
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