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 ...
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 ...
China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...
In Kenya and Ethiopia, China is using debt distress as a strategic opening to expand the RMB’s international use.
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 ...
Recent moves by the yen are deviating from what might be expected given interest rate differentials between Japan and the US, ...
China and South Korea signed a bilateral currency swap and other economic cooperation agreements on Saturday, as their ...
The local currency transactions made between Indonesia and Japan also reached $5 billion, Bank Indonesia says.