China's state-run banks are swapping dollars for yuan as officials tell them to intervene in currency markets

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China yuan
A staff member displays the new version of the 100-yuan RMB banknotes (US 15.7 dollars) to photographers at the Bank of China Tower in Hong Kong

AP/Kin Cheung

China's struggling economy drags the yuan toward its lowest level of 2023

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China Yuan
The Chinese yuan is trading close to its 2023 lows.

AP

China's yuan expands its growing foothold in South America as Bolivia reduces reliance on US dollar

Tech Insider : Economy
Dollar vs. Yuan
Dollar vs. Yuan

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Dollar dominance isn't going anywhere. Here are 5 myths about de-dollarization.

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dollar yuan
A 100 yuan banknote (R) is placed next to $100 banknotes in this picture illustration taken in Beijing Nov. 1, 2010.

Reuters/Petar Kujundzic

Here's why it'll be hard for the yuan to replace the dollar even in the next 20 years, according Stanford historian Niall Ferguson

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Dollar vs. Yuan
Dollar vs. Yuan

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De-dollarization and global reserves dominance, explained by a top currency economist and the inventor of the 'dollar smile' theory

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Happy Saturday, readers. I'm Phil Rosen. Let's talk about the dollar's role on the world stage — and see what one of the leading currency economists has to say about it.

Russia's growing use of China's yuan is no threat to the dollar, and it could end up hurting Moscow's economy, think tank says

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Chinese President Xi Jinping with Russian President Vladimir Putin.

REUTERS/Wu Hong/Pool

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