You Searched For "dollar vs yuan" and got 20 results
Sort By:
Trump's tough trade stance could undercut his plans for a weaker dollar
Trump wants both trade barriers and a weaker dollar. But raising tariffs typically creates a strong…
Filip De Mott
China's yuan will take over as Russia's main trade currency 'once and for all' as US sanctions get tighter, think tank says
Ruble volatility will get worse in Russia amid fresh US sanctions, but this offers a way for the Ch…
Filip De Mott
China signs yuan-denominated loans for Belt and Road Initiative, accelerating de-dollarization
Beijing's yuan lending spree comes after most of its prior Belt and Road Initiative loans were deno…
Aruni Soni
Argentina used Chinese yuan for part of its payment to the IMF as US dollars remain scarce
To meet maturity payments on its $44 billion debt deal with the IMF, Argentina has previously tappe…
Filip De Mott
Here's why China's yuan will never be able to dethrone the US dollar
"That weaponization of the dollar is part of the reason why Russia, China, and other BRICS nations …
Matthew Fox
China's quest to turn the yuan into a global currency isn't actually driven by domination. It's about sanctions.
In a recent global survey of 1,660 enterprises, many respondents said their trading partners were u…
Huileng Tan
Brazil proposes yuan guarantees in trade with Argentina amid dollar shortage
"It will be a good thing for Brazilian exporters, and it will be great news if Argentina agrees," B…
Filip De Mott
China's yuan is displacing other top global currencies in trade, but not the US dollar
"The higher share of CNY in trade invoicing doesn't seem to be dethroning USD, but rather pushing o…
Filip De Mott
De-dollarization is a fad that will backfire on countries trying to move away from the greenback, currency expert says
Dollar dominance is sticking around for at least the next few decades, one currency expert told Bus…
Jennifer Sor
Key BRICS member admits the dollar will remain dominant despite oil deals in rupees and yuan
"I wish the Indian rupee should be the lead currency in the world. But I'm also a realist," India's…
Filip De Mott
The dollar's demise has been over-exaggerated
Dollar holdings actually gained last year among global reserves, casting a shadow over last year's …
Filip De Mott
Egypt issues Chinese yuan-denominated panda bonds for the first time, getting lower rate than dollar-based debt
Egypt issued three-year panda bonds worth 3.5 billion yuan, or about $479 million, marking another …
Aruni Soni
Russia's economy is now so isolated that it has few options other than the Chinese yuan for its reserves
Currencies from other countries "not unfriendly" to Russia are even less stable and liquid than the…
Huileng Tan
China's state-run banks are swapping dollars for yuan as officials tell them to intervene in currency markets
Chinese authorities reportedly told state-run banks to intervene in currency markets this week to l…
Phil Rosen
China's yuan expands its growing foothold in South America as Bolivia reduces reliance on US dollar
Bolivia made financial transactions totaling 278 million Chinese yuan from May through July, or abo…
Jason Ma
Indian oil refiners are using China's yuan instead of the US dollar to buy Russian crude
In June, Indian Oil was the first state refiner to purchase Russian crude using the yuan, sources t…
Filip De Mott
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.
The Chinese yuan's share in international transactions is increasing.China Photos/Getty Images
Huileng Tan
Forget the dollar – China has its hands full propping up the yuan against 23 other currencies, report says
Beijing's been propping up the renminbi against almost two dozen currencies including the yen, euro…
Joseph Wilkins
The dollar falls behind the yuan for the first time in Chinese cross-border transactions
The yuan now accounts for 48% of China's cross-border transactions versus 47% for the US dollar.
Filip De Mott
A top Russian banker says the dollar's dominance is ending but China's yuan is gaining prominence
Kostin's assessment of the dollar's clout and the yuan's rise came amid an intense debate over de-d…