The sale comes amid a steady rebound in dollar-note sales by Chinese firms, after the country’s unprecedented property crisis and the US Federal Reserve’s interest-rate hikes triggered an issuance ...
The ongoing trade tensions between the United States and China are playing out throughout different forex markets as the dollar continues to lose value. But is a strengthened renminbi in China’s ...
AUD/USD trades around 0.6460 on Monday at the time of writing, virtually unchanged on the day as the pair consolidates near ...
Is China launching economic warfare by dumping U.S. dollars? In this video, Jaspreet Singh breaks down China’s escalating financial moves against the U.S. including offloading U.S. debt and ...
China's trade surplus rose to USD 98.24 billion in July 2025 from USD 85.27 billion a year earlier, though it was the smallest amount since April and fell short of the projected USD 105 billion, as ...
The move could set a new precedent, reducing Nairobi's reliance on US currency while meeting Beijing's goal of increased trade deals in yuan Kenya's plan to convert its US dollar-denominated Chinese ...