You Searched For "renminbi" and got 20 results
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4 mins read
Chief strategists project their outlooks on stocks, bonds, currencies, and gold amid a Trump victory
Each sector reacted differently based on policy shift expectations.
Laila Maidan
2 mins read
Why the US dollar is the most important asset to watch as the election results come in
The US dollar's strong liquidity and global 24-hour trading activity make it a strong early indicat…
Matthew Fox
3 mins read
The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it bre…
Huileng Tan
3 mins read
The 4 forces that will challenge the dominance of the dollar, according to economic researchers
The dollar's dominance in financial markets has slipped, with the greenback accounting for less tha…
Jennifer Sor
2 mins read
How a Saudi pullback from a landmark US deal would be bad news for dollar dominance
The Atlantic Council is speculated what could happen to the dollar if a long-standing accord with S…
Filip De Mott
2 mins read
De-dollarized payment systems are cropping up. Here's why they're unlikely to dent greenback dominance.
"The emergence of the technological capacity to drive de-dollarisation does not necessarily mean de…
Filip De Mott
2 mins read
Russia saw its oil revenue double in April despite Western sanctions
Strong global demand and supply fears driven by geopolitical risks have helped bolster Russia's ene…
Yuheng Zhan
2 mins read
There are 4 big factors to watch that could bring turmoil to financial markets, research firm says
There is plenty of scope for material worsening of financial conditions if the macro and geopolitic…
Yuheng Zhan
2 mins read
China's yuan is making headway a global reserve currency, with 85% of central banks keen on holding the asset
Central banks think China's currency will benefit from a shift to a "multipolar" world, boosting th…
Harry Robertson
2 mins read
The rising de-dollarization trend is a risk to US stocks, Morgan Stanley wealth CIO says
Morgan Stanley's wealth CIO Lisa Shalett said investors should prepare for a "US dollar regime shif…
Yuheng Zhan
2 mins read
China's yuan will sink to a 2-year low in the months ahead as investors flock to the dollar, Bank of America says
China's slowing economy, the Fed's plans to rapidly hike rates, and rising commodities prices will …
Harry Robertson
2 mins read
China's yuan is set for its worst weekly drop against the dollar since 2015, as investors rush back to the US
"Foreign money leaving the China equity and bond markets is in danger of becoming a flood," one mar…
Harry Robertson
2 mins read
Giving Russian reserves to Ukraine would be 'elegant justice,' former World Bank chief says
"If countries believe that they cannot conquer and annex their neighbors without losing access to t…
Filip De Mott
2 mins read
China sees the transition to green energy as a chance to elevate the yuan and dedollarize key markets
The transition to green energy is "an opportunity for the nation to raise the global standing of th…
Filip De Mott
1 min read
Chinese state-run banks reportedly are looking to expand digital yuan usage to sales of investment funds and insurance
China Construction Bank has opened 7.23 million digital wallets for individual users, the South Chi…
Carla Mozée
3 mins read
China faces 5 big obstacles in its effort to de-dollarize and boost the yuan on the world stage
Obstacles include China's capital controls and the longstanding popularity and use of the US dollar…
Jennifer Sor
2 mins read
China's push to internationalize the yuan and reduce dependence on the US dollar is working, economist says
The yuan has seen a boost in the share of global payments using the currency this year, which could…
Aruni Soni
1 min read
Bank of China eyes de-dollarization move in Africa, pushing the yuan in a top copper producer
The Bank of China's office in Zambia is pushing to increase trade using the yuan in Africa's second…
Aruni Soni
1 min read
China and Saudi Arabia sign a $7 billion currency swap agreement, adding to de-dollarization push
The agreement marks the latest move to boost internationalization of the yuan in global finance in …
Aruni Soni
2 mins read
BRICS countries could swing an 'economic wrecking ball' at dollar dominance even without a shared trade currency, former White House economist says
The US dollar could soon be in the same position as the British pound in the 1800s, a former White …