Search results
A BRICS currency backed by gold 'makes no sense whatsoever,' says one market guru
Business Insider via Yahoo Finance· 9 months agoCreating a BRICS currency backed by gold makes no sense, says David Woo.Photo by David Gray/AFP...
3 reasons why even China doesn't want the yuan to replace the dollar as the world's reserve currency
Business Insider via Yahoo Finance· 1 year agoChina isn't all that ready for de-dollarization as well.REUTERS/China Daily The Chinese yuan is one...
China needs to grow its US dollar reserves to boost the yuan's status as a global reserve currency...
Business Insider via Yahoo Finance· 2 years agoDollar vs. YuanByoungJoo/Getty Images A new research paper broke down how China can boost the...
Forget the dollar – China has its hands full propping up the yuan against 23 other currencies,...
Business Insider via Yahoo Finance· 9 months agoA man walks past an advertisement promoting China's renminbi (RMB) or yuan ,US dollar and Euro...
China's state-run banks are swapping dollars for yuan as officials tell them to intervene in...
Business Insider via Yahoo Finance· 10 months agoA staff member displays the new version of the 100-yuan RMB banknotes (US 15.7 dollars) to...
You can't replace the dollar, but here are 5 alternative assets that are chipping away at the...
Business Insider via Yahoo Finance· 1 year agoThe US dollar is the world's most dominant reserve currency.CFOTO/Future Publishing/Getty Images...
HKEX's dual-counter model creates investment option for city's trillion-yuan deposits, boosts...
South China Morning Post via Yahoo Finance· 1 year agoWhen veteran stockbroker Tom Chan Pak-lam first entered the securities industry in 1993, the yuan...
The world is ‘jockeying for what comes next’ as fewer U.S dollars are held in foreign reserves —...
MoneyWise via Yahoo Finance· 2 years agoSince 1944 the U.S. dollar has been the dominant currency, with many countries choosing to hold it...
China's yuan will end US dollar dominance and create a bipolar currency system in the next decade,...
Business Insider via Yahoo Finance· 1 year agoLintao Zhang/Getty; Anna Moneymaker/Getty; Katsumi Murouchi/Getty; Anna Kim/Insider The Chinese yuan...
China takes next step in currency globalization, with some HK stocks priced in yuan
Reuters via Yahoo Finance· 12 months agoChina's gradual internationalisation of its currency will shift to its next leg on Monday when about...