China Leaves Key Rate Unchanged on Currency Pressure, Liquidity
(Bloomberg) -- China’s central bank left a key interest rate steady for the tenth straight month, displaying caution on monetary...
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Russia is holding off on dollar and euro trading altogether as a new round of sanctions kicks in
Russia’s main exchange said it’s halting trading in US dollars and the euro after President Joe Biden’s administration unveiled a...
Saudi Arabia ends 80-year petrodollar deal with US for multi-currency sales
Saudi Arabia has opted not to renew its 80-year petrodollar agreement with the United States, which expired on Sunday, 9th June,...
China’s currency is not as influential as once imagined
Chinese officials seem pleased with the yuan’s recent progress as a global currency. The international monetary system is diversifying at...
Argentina renews US$5 billion currency swap with China
Argentina’s Central Bank renewed a US$5 billion tranche of the currency swap it has with its Chinese counterpart, US$3 billion...
Top Asia Currency Trade Risks Tripping Up Market If Rupee Swings
(Bloomberg) -- One of Asia’s most lucrative currency trades risks becoming a victim of its own success, according to analysts,...
Maldives says India and China agree to use local currencies for imports – Firstpost
The Maldives said Wednesday that India and China have agreed to cooperate in facilitating payments for imports in their respective...
De-dollarization: Fed governor highlights debate amid concerns about dollar dominance
That has the Fed keeping a close eye on the risks of de-dollarization and how it could impact American consumers...
Opinion | Is another Asian currency crisis coming? Keep an eye on China’s yuan
This has prompted much chatter about the danger of a new Asian financial crisis similar to the one that struck...
US stops Chinese-backed crypto firm from owning land near nuke base
President Joe Biden on Monday issued an order blocking a Chinese-backed cryptocurrency mining firm from owning land near a Wyoming...
