Yuan | iCloud.Info

Yuan

The dollar's dominance would face a threat unlike any other from a BRICS currency, former White House economist says

Tue, 04/25/2023 - 13:36

BRICS countries leaders Xi Jinping, Vladimir Putin, Jair Bolsonaro, Narendra Modi, and Cyril Ramaphosa — Chinese President Xi Jinping, Russian President Vladimir Putin, then-Brazilian President Jair Bolsonaro, Indian Prime Minister Narendra Modi, and South African President Cyril Ramaphosa in 2019.
Sputnik/Alexey Nikolsky/Kremlin via Reuters

Markets, MI Exclusive, BRICS, Dollar dominance, Currency, Yuan, Gold

Central banks are leading a revolt against the US dollar and shifting to gold at a record pace, market expert says

Mon, 04/24/2023 - 15:57

Gold bars stacked together. — These are the best gold IRAs of 2023.
Filograph/Getty Images

Markets, MI Exclusive, Gold, Dollar dominance, Currency, Yuan

The yuan is not a threat to the US dollar because China is not a predictable or reliable market, former Treasury Secretary Larry Summers says

Mon, 04/24/2023 - 15:02

Larry Summers — Lawrence Summers.
Chip Somodevilla/Getty Images

Markets, MI Exclusive, Dollar dominance, US Dollar, China currency yuan, Yuan, Currency Wars

Bangladesh to pay Russia $300 million in Chinese yuan for a nuclear plant loan

Fri, 04/21/2023 - 11:31

Dollar vs. Yuan — AlexSava/Getty Images

Markets, MI Exclusive, Yuan, Dollar dominance, Russia, Energy Security, China currency

The anti-dollar drive spearheaded by Asia has spread to Europe, with France growing sour on the greenback's dominance. Here are 6 rising threats to the buck's supremacy of global trade.

Wed, 04/19/2023 - 06:00

Dollar notes — 100 dollar bills seen displayed.
(Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images)

Markets, MI Exclusive, Dollar dominance, King Dollar, Federal Resere, Inflation, Interest Rates

The dollar's dominance as a reserve currency eroded last year at 10 times the pace seen in the past 2 decades

Mon, 04/17/2023 - 12:54

dollar — dollar
SOPA images

Markets, MI Exclusive, Dollar, Dollar dominance, US Dollar, Currency, Central Bank

Nobel economist Paul Krugman says there's no real risk to the dollar - unless the US defaults on its debt

Mon, 04/17/2023 - 10:34

Paul Krugman — Princeton economics and international affairs professor Paul Krugman listens during his introduction as the 2008 Nobel prize winner in economics at a new conference on the campus of Princeton University in Princeton, New Jersey.
Reuters/Tim Shaffer

Markets, MI Exclusive, Paul Krugman, Dollar dominance, US Dollar, Yuan, China

Fears that the US dollar will collapse are nonsense, and doomsayers are often hawking gold, investment chief says

Sat, 04/15/2023 - 08:30

The dollar has surged this year while gold has remained stagnant — Getty Images

Markets, MI Exclusive, Dollars, Dollar dominance, Yuan, China, Global Reserve Currency

De-dollarization has started, but the odds that China's yuan will take over are 'profoundly unlikely to essentially impossible'

Wed, 04/12/2023 - 14:09

Dollar vs. Yuan — Dollar vs. Yuan
ByoungJoo/Getty Images

Markets, MI Exclusive, Dollar dominance, Dollars, USD, Yuan, China currency

Russia's economy is becoming more dependent on China as yuan purchases more than triple

Tue, 04/11/2023 - 15:03

Russian President Vladimir Putin (L) and Chinese President Xi Jinping before a family photo session at G20 summit on June 28, 2019 in Osaka, Japan. — Russian President Vladimir Putin and Chinese President Xi Jinping.
Kim Kyung-Hoon - Pool/Getty Images

Markets, MI Exclusive, Yuan, Renminbi, Russia Sanctions, Dollar dominance

Subscribe to Yuan