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The yuan has the potential to become a safe-haven currency, a former central bank official said while calling for ...
Chinese businesses and investors are primed for the yuan to stay steady for now and eventually depreciate as U.S. trade ...
Economist Kenneth Rogoff said last week that China is gaining traction in its bid to dethrone the dollar, and this was despite a slowdown in the domestic Chinese economy. “China doesn’t have to grow ...
Economists told Newsweek that the decline is due to a confluence of factors, and a broad downgrade in America's economic ...
Traders are betting that the yuan, the Australian dollar and the South Korean won will strengthen versus the US dollar.
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Cryptopolitan on MSNChina’s PBOC reportedly poking around about dollar weaknessThe 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 ...
The dollar has just posted its worst first-half of a year since 1973. And now investors wonder — is it a sign that America is ...
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