Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
However, rather than focusing solely on the short-term fluctuations of the exchange rate, investors are advised to pay more ...
MOSCOW, September. 26 /TASS/. The Bank of Russia set the official dollar exchange rate at 92.4074 rubles for September 27, which is 2 kopecks higher than the previous rate. The official euro exchange ...
Oil prices reversed early gains to trade lower on a report that Saudi Arabia is preparing to abandon its unofficial price ...
Trump’s re-election bid, tariff debates, and gold’s surge threaten dollar’s global reserve status. BRICS nations explore ...
The dollar held firm on Thursday following its sharpest rally since early June as traders looked ahead to speeches from key ...
Asia market update: Equity gains seen in Asia; Tech supported by Micron and Hynix news; Details released for China bank capital plan; BOJ debated future policy in Jul; Tokyo CPI data due on Fri. - ...
Asian stocks bucked the global trend to extend a rally on Thursday, fueled by persistent optimism over China's aggressive ...
On today’s Big Take Asia podcast, what would it mean for the global economy if the dollar were no longer king?
On Wednesday, the renminbi, or Chinese yuan, rose to 6.9951 against the US dollar in the offshore market, up 158 basis points ...
Global stock indexes mostly eased on Wednesday along with energy shares, while U.S. Treasury yields rose as investors stuck ...
Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...