CurrenciesChinese yuan gives US dollar a run for its money as African trade embraces other currencies10 months agoBut it was in the southern nation of Zambia where BOC established its first African subsidiary, allowing customers to make...
CurrenciesChinese yuan gains currency in the Gulf states10 months agoAuthor: Ghulam Ali, Hong Kong Research Centre for Asian Studies China’s pursuit of internationalising the yuan, currency swaps, e-currency, cross-border...
CurrenciesThe Chinese yuan’s share of global payments climbs to a record high while US dollar’s share dips11 months agoChina's yuan has tumbled in recent weeks.Bloomberg Creative/Getty ImagesThe Chinese yuan was the fourth most used currency in global payments,...
CurrenciesYuan surges past euro as second most used currency in global trade1 year agoIn a significant shift in global finance, the Chinese yuan has overtaken the euro to become the world's second-most utilized...
CurrenciesU.S. Dollar Defends Role As Global Currency [Infographic]1 year agoThe de-dollarization of the world economy has been thrust back into the spotlight with the BRICS summit, which took place...
CurrenciesChina’s Yuan Displaces Other Top Global Currencies in Trade, but Not Dollar1 year agoThe yuan's growing use is chipping away at second-tier currencies, such as the pound, ING said. China's share of global...
CurrenciesBig question with dollar under fire from rival countries and currencies: What happens to markets if the greenback loses its dominance?2 years agoProbably not yet, but the rapid unwinding of last year’s torrid rally in the U.S. dollar, combined with efforts in...
Currencies6 New Threats to the Greenback’s Reign2 years agoThe dollar's supremacy in global trade faces fresh challenges as several countries float plans to use local currencies in commerce. ...