Chinese yuan use up 21.1% in cross-border trade as Beijing pushes global role for currency
Use of the Chinese currency for cross-border trade rose by more than a fifth in the first eight months as...
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China’s yuan hits internationalisation landmark with record share of global payments
Swift payment data is a major indicator for the relative status of international currencies. Other metrics include frequency of use...
Global use of China’s yuan up sharply, beating pound and yen on internationalisation index
Overseas use of the Chinese yuan grew significantly last year due to its pivotal role in global supply chains and...
Global use of China’s yuan up sharply, beating pound and yen on internationalisation index
Overseas use of the Chinese yuan grew significantly last year due to its pivotal role in global supply chains and...
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...
U.S. Dollar Falls Against The Chinese Yuan
The U.S. dollar dipped against the Chinese Yuan currency during the early Monday morning trade. The Chinese Yuan was the...
Chinese yuan gives US dollar a run for its money as African trade embraces other currencies
But it was in the southern nation of Zambia where BOC established its first African subsidiary, allowing customers to make...
Is the US dollar on its way out?
Author: Michael G Plummer, Johns Hopkins University The United States has been instrumental in leading the post-war global economic system...
Is the US dollar on its way out?
The United States has been instrumental in leading the post-war global economic system which it helped create. Yet its economic...
What if – the US dollar loses its status as the world’s reserve currency?
So far, China has made only moderate use of this lever, as the use of the USD has also facilitated...
