Chinese Yuan

Central Bank of Argentina Accelerates Yuan Sales and Dollar Purchases as Reserves Dwindle

The Central Bank of Argentina has accelerated the sale of its Chinese… More…

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Western Sanctions on Russia Demolish Global Trade System, Cause Inflation Surge, Says Russian Banker

Russia’s second-largest bank’s chairman says by imposing sanctions… More…

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Economist Predicts End of US Dollar Dominance as More Countries De-Dollarize

The chief economist at S&P Global has predicted that the U.S. … More…

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Central Banks Reduce US Dollar Holdings, Plan to Increase Chinese Yuan Exposure, Study Shows

A study by a $1.5 trillion asset management firm has revealed that … More…

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BRICS Bank Official Discusses Common Currency as Reports of Gold-Backed BRICS Currency Gain Attention

The BRICS Bank’s vice president and chief financial officer has shed… More…

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Jinan Leads the Way: China’s First Cashless Bus Network Accepts Digital Yuan Payments

Jinan, the bustling capital of Shandong Province in China, now accepts… More…

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Argentina to pay IMF with yuan as Brazil readies CBDC

Argentina has taken the bold move of making payments towards its staggering… More…

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Latam Insights — Argentina Settles IMF Payment in Yuan; Brazilian CBDC to Be Launched in 2024

Welcome to Latam Insights, a compendium of Latin America’s… More…

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Argentina banks bet on yuan, flipping the USD

In an unanticipated monetary maneuver, Argentina is making a bold… More…

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Chinese yuan hits new low: BRICS brace for impact

As an unforgiving tide seems to sweep across China’s economic… More…

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