Chinese Yuan
Almost 50 Russian Banks Accept Yuan Deposits Amid Low Demand for Dollar Accounts
A growing number of banking institutions in Russia are offering customers… More… The post Almost 50 Russian Banks ...
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Argentina to Settle Chinese Imports in Yuan to Safeguard Dwindling Dollar Reserves
The economy minister of Argentina, Sergio Massa, announced that … More… The post Argentina to Settle Chinese Imports ...
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Chinese Yuan Overtakes US Dollar as Most Used Currency to Settle Cross-Border Payments in China
The Chinese yuan is now China’s most used currency for cross-border… More…
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Chinese Yuan gains ground in cross-border payments, US Dollar share declines
A recent Bloomberg Intelligence (BI) analysis, based on data from… More…
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China’s push for CBDC adoption: Changshu public servant to get paid in digital Yuan
Changshu city officials will receive full salaries in digital yuan… More…
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Hong Kong’s Largest Virtual Bank Offers Crypto Conversion Services
ZA Bank, Hong Kong’s biggest virtual-only lender, intends to expand… More…
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Former Treasury Official Warns of Complete Economic Implosion if US Dollar Loses Global Reserve Currency Status
Former Assistant Secretary for Public Affairs for the U.S. Department… More…
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Putin, Xi Vow to Use Yuan as Russia and China Move to Settlements in National Currencies
As part of the talks that Russian president Vladimir Putin and Chinese… More…
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Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization
During the last month, Russia’s ruble has dropped 16.48% against … More…
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Russia’s Largest Digital Asset Deal Denominated in Chinese Yuan
A Russian company has announced the country’s first authorized transaction… More…
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