News

Chinese businesses and investors are primed for the yuan to stay steady for now and eventually depreciate as U.S. trade ...
HONG KONG: China’s yuan held near a two-week low against the US dollar on Wednesday as US President Donald Trump’s renewed ...
China's central bank has asked some financial institutions about their views on recent U.S. dollar weakness, people with ...
Economists told Newsweek that the decline is due to a confluence of factors, and a broad downgrade in America's economic ...
While China continues expanding its central bank digital currency (CBDC) project as part of a broader de-dollarization push, its efforts are unlikely to challenge the dollar’s global dominance, ...
China Development Bank (CDB) and the Development Bank of Southern Africa (DBSA) signed a loan agreement worth 2.1 billion ...
Traders are betting that the yuan, the Australian dollar and the South Korean won will strengthen versus the US dollar.
The People’s Bank of China (PBOC) has reportedly reached out to financial institutions in recent days to assess market ...
They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency's global ...
Despite China’s ambition to challenge the dominance of U.S.-backed stablecoins, catching up will be no easy feat though.
Traders are seeking alternatives to the euro when shorting the dollar as they look to capitalize on expectations for further ...