Investors are snapping up yuan credits and surging yuan lending is poised to overtake overseas dollar loans at Chinese banks ...
Global investors and borrowers are increasingly turning to the Chinese yuan as lending and financing activity accelerates, ...
The dollar's status isn't under threat anytime soon, but the yuan and euro look most likely to cut into its lead. A "tripolar" reserve currency system is plausible, economist Stephen Jen told Insider.
Euro US Dollar, US Dollar Chinese Yuan, Euro Chinese Yuan Offshore. Read 's Market Analysis on Investing.com UK.
IN well-connected circles within China, the yuan’s persistent weakness is increasingly being seen as an obstacle to the ...
BRASILIA, March 31 (Reuters) - The Chinese yuan has passed the euro to become the second most important currency in Brazilian foreign reserves, according to a central bank report on Friday, reflecting ...
Pressure from BRIC countries for a new international reserve currency to replace the dollar is growing. China, the world’s leading trading nation, would like to reap some of the benefits and prestige ...
China has helped globalize the yuan by gradually opening up its bond market to foreign investors, a new paper says. Chinese bonds are now treated more like debt from a developed nation, rather than ...
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