Search results
China's yuan is tumbling amid US sanctions and as central banks boost dollar holdings
Business Insider via Yahoo Finance· 3 days agoThat's the cheapest the yuan has been in about a year. Central banks, meanwhile, are looking to dump...
Chinese Yuan Weakens Against Ruble to Lowest in More Than a Year
Bloomberg via Yahoo Finance· 4 days ago(Bloomberg) -- Russia’s ruble strengthened against the Chinese yuan for the fifth day in a row after...
Chinese Yuan 'Real Threat To The Dominance Of Dollar,' Expert Warns As US Tightens Moscow Sanctions:...
Benzinga· 2 days agoWhat Happened: The new sanctions, while not expected to be a game-changer, will likely reinforce the...
Dollar firm as euro wallows; yuan brushes aside China data
MSN News· 7 days agoBy Brigid Riley TOKYO (Reuters) -The dollar was firm on Monday as the euro hovered near a more than...
The Petrodollar Is Dead and That's a Big Deal
GoldSeek.com· 6 days agoThe petrodollar quietly died this past week. While it didn't get big headlines, the demise of the petrodollar could mean big trouble for a U.S. government that depends on dollar< ...
PBOC Manages Yuan’s Decline With Strong Support Via Fixing
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- China’s support for the yuan Friday signaled its desire to manage its decline, as...
China Loosens Grip on Yuan With Weakest Fixing Since November
Bloomberg via Yahoo Finance· 4 days ago(Bloomberg) -- China set the yuan’s daily reference rate at its weakest since November in a sign...
3 reasons the dollar can't be dethroned as the world's dominant currency, according to Morgan...
Business Insider via Yahoo Finance· 4 days agoThe firm pointed to three factors that will keep the dollar's top-dog status in financial markets:...
China's yuan will take over as Russia's main trade currency 'once and for all' as US sanctions get...
Business Insider via Yahoo Finance· 2 days agoFresh sanctions on Russia are too late to be a game-changer, but they will help cement the role of...
PBOC Gives Strongest Boost to Yuan Since April to Manage Decline
Bloomberg· 3 days agoChina boosted its support for the yuan in a bid to manage its decline as broad strength in thedollar...