China’s Currency Defense: A Record FixingAugust 19, 2023 News China has taken a bold move to defend its currency by setting a record fixing. Each day, the yuan is…
China Cabinet Pledges Greater Support for Real EconomyMarch 21, 2022 Indices China’s cabinet promised stronger monetary support for the economy while warning against flooding the market with liquidity. In a State…
Saudi Arabia in Talks to Accept Chinese Yuan for Oil PaymentsMarch 15, 2022 Forex Saudi Arabia is in discussions to possibly accept payment for its oil sales in the yuan instead of the US…
China’s Central Bank Digital Yuan Trial Scales Up to 10 Million Eligible UsersJuly 8, 2021 Indices China makes 10 million people eligible to take part in expanding the digital yuan trial as China looks to become…