Dollar’s decline is fueling dislocations across Asian currencies
Asian currencies turbocharged by dollar weakness are attaining rarely seen superlatives and triggering central bank intervention to curb excessive gains.The...
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Decline of the US dollar as dominant global currency is inevitable: economists
The global economy is inexorably moving towards a multicurrency system as China’s persistent efforts to internationalise the yuan and technological...
Economists rebuke Trump’s currency claims, explain why Beijing wants yuan stable
US President Donald Trump’s latest accusation of China’s trade advantage via yuan depreciation suggests his sights are set on reducing...
CSSC Books Next RMB-Currency Boxship Deal as COSCO and Wan Hai Place Orders
CSSC Books Next RMB-Currency Boxship Deal as COSCO and Wan Hai Place Orders The rush for containership construction orders is...
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...
Dollar Decline: Chinese Repatriation Could Reshape Global Currency Markets – Investing Abroad News
Chinese firms’ potential repatriation of US dollar-denominated assets could lead to currency market shifts, potentially altering investment returns, risks, and...
INR vs USD: Rupee underperforms Asian peers against the sinking US dollar. Here’s why
Indian rupee appreciated against the US dollar on Monday, in line with the other Asian currencies. The rupee traded at...
Yen carry trade collapsed, now get ready for the yuan carry trade
The hugely popular yen carry trade crashed and burned this month as Japan’s currency surged. A less well-known version of the strategy...
Opinion | Why Trump, and others, should be careful in talking down the US dollar
The way in which, for example, the Biden administration has weaponised the dollar as an instrument of economic sanctions is...
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...
