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...
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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...
Why India’s rupee is the worst performer in the Asian market against the dollar – Firstpost
Across Asia, countries have seen their currencies rally against the dollar in August.However, there has been one notable exception –...
The Yen Carry Trade Blew up. Here’s the Next One That Could Unwind.
One popular strategy in the forex market is the carry trade, which involves borrowing in a currency with lower interest...
China’s stock market turnover sinks to 4-year low as investors fret over stimulus
The daily turnover on China’s onshore markets has slumped to the lowest in four years, indicating investors are awaiting clearer...
