Fresh off meeting Chinese President Xi Jinping, U.S. President Donald Trump is talking about keeping the U.S. ahead of China ...
China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...
As trade wars, sanctions, and changing geopolitical dynamics drive nations to reconsider their dependence on the dollar, ...
In Kenya and Ethiopia, China is using debt distress as a strategic opening to expand the RMB’s international use.
China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...
Swap from the US dollar comes amid difficult relations with Washington but is primarily driven by the Kenyan government’s domestic economic and political concerns rather than marking a major ...
The Taiwanese dollar’s rally is boxing in the island’s central bank, leaving it with limited room to intervene in order to ...
BEIJING -- The People's Bank of China, the country's central bank, has renewed a bilateral currency swap agreement with the ...
BHP Billiton’s agreement to settle 30% of its iron ore spot trades in Chinese Yuan marks a major shift away from dollar ...
The Chosun Ilbo on MSN
Bank of Korea Renews 70 Trillion Won Currency Swap with People’s Bank of China
The Bank of Korea announced on the 3rd that it has renewed a won-yuan currency swap agreement with the People’s Bank of China ...
The local currency transactions made between Indonesia and Japan also reached $5 billion, Bank Indonesia says.
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