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Chinese yuan

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

Mon, 08/14/2023 - 06:55

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

Markets, MI Exclusive, Currencies, China, China Economy, Chinese yuan, US Dollar

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

Mon, 07/31/2023 - 14:09

Tech Insider : Economy

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

Markets, MI Exclusive, economy, De-Dollarization, Dollar dominance, dollar vs. yuan, Chinese yuan

Most of what we've heard about the yuan dethroning the dollar is from the West. Here's what China's actually said about it.

Mon, 07/31/2023 - 05:29

Tech Insider : Economy, Politics

China is pushing for the yuan to play a larger role in international trade but hasn't openly called for the yuan to replace the dollar as the world's reserve currency. — China is pushing for the yuan to play a larger role in international trade but hasn't openly called for the yuan to replace the dollar as the world's reserve currency.
ByoungJoo/Getty Images

economy, politics, Markets, China, De-Dollarization, Currency, Chinese yuan

Despite all the hype around de-dollarization, the greenback still reigns supreme

Fri, 07/21/2023 - 05:22

dollar — Interest in dedollarization has surged this year – but the greenback's dominance isn't waning.
Murad Sezer/Reuters

Markets, MI Exclusive, Currencies, De-Dollarization, US Dollar, Dollar dominance, Chinese yuan

China is grappling with slumping growth, a property crisis and debt woes - the next jolt could come from the yuan hitting a 16-year low

Fri, 07/21/2023 - 04:46

Wangfujing shopping area at night — Grant Faint

Markets, MI Exclusive, China, China Economy, China currency, Chinese yuan, Dollar

Dollar dominance is stronger because of sanctions, not weaker, says former Treasury official

Fri, 05/12/2023 - 10:28

Tech Insider : Economy

dollar inflation federal reserve — The US dollar hit 20-year highs this year.
NiseriN/Getty Images

Markets, MI Exclusive, Sanctions, Dollar dominance, China, Russia, economy

China's mounting such a strong attack on the dollar's dominance that it's paying for almost all of its Russian oil imports in the yuan

Thu, 05/11/2023 - 06:00

Tech Insider : Economy

Putin/Xi — Chinese President Xi Jinping and Russian President Vladimir Putin.
PAVEL BYRKIN/SPUTNIK/AFP via Getty Images

economy, International, China, Russia, US Dollar, Chinese yuan, De-Dollarization

King dollar will continue to reign supreme for 3 key reasons despite rising talk of de-dollarization

Tue, 05/09/2023 - 11:20

US dollar printing — The dollar is the most important currency in the world.
EVA HAMBACH/Getty Images

Markets, MI Exclusive, US Dollar, Currency, Chinese yuan, De-Dollarization, finance

China's yuan is emerging as a strong challenger to the dollar's dominance. Here are 5 countries that recently turned to the yuan instead of the USD for trade.

Mon, 05/08/2023 - 21:02

Tech Insider : Economy

yuan dollar — The Chinese yuan's share in international transactions is increasing.
China Photos/Getty Images

economy, Markets, US Dollar, Chinese yuan, De-Dollarization, News, Russia

Russia and India reportedly halt talks over using rupees for trade, with Moscow preferring to be paid in Chinese yuan

Thu, 05/04/2023 - 10:30

A man counts Indian rupee banknotes in Varanasi, Uttar Pradesh, India. — A man counts Indian rupee banknotes in Varanasi, Uttar Pradesh, India.
Dhiraj Singh/Bloomberg

Markets, MI Exclusive, Russia, India, Currencies, Ruble, Rupee

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