China Yuan’s Share of Payments Hits Record As USD’s Dips
The Chinese yuan was the fourth most used currency in global payments, SWIFT data showed. It's share reached 4.61%, a...
archiveChinese Yuan
Spurred by a domestic property debacle and a currency sell-off, Shanghai high-net-worth individuals hunt for overseas homes
Meanwhile, the clamour for overseas assets is creating a different kind of pricing pressure in some overseas markets.Visitors at the...
China’s Central Bank Dumping US Dollar in the Currency Market
China’s Central Bank dumped the US dollar in the currency market for three consecutive days in December this month. The...
10 Worst Performing Currencies in Asia
In this article, we discuss the 10 worst performing currencies in Asia. If you want to read about some more...
Even China Isn’t for a Complete Break From the USD
The Chinese yuan is one of the top contenders challenging the USD's dominance as a reserve currency. However, Beijing may...
Russia and India Suspend Talks Over Using Rupees for Trade: Report
Russia and India have suspended negotiations over using rupees for trade, Reuters reported. Moscow, with a high trade gap in...
Russia and India reportedly halt talks over using rupees for trade, with Moscow preferring to be paid in Chinese yuan
A man counts Indian rupee banknotes in Varanasi, Uttar Pradesh, India.Dhiraj Singh/BloombergRussia and India have suspended negotiations over using rupees...
