The US froze Russia’s dollar assets in 2022 and stunned global holders of US bonds as forex reserves. But the world is stuck with dollar dominance as no other currency can take over its role.

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 8 pips to 7.1705 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System. In China's ...

The rupee fell by 8 paise, closing at 86.95 against the US dollar on Tuesday due to demand for dollars linked to maturing non ...

Amid rising global economic uncertainties and ongoing trade tensions with the US, the yuan has recently faced renewed ...

Retail investors play a big role in China’s daily stock price changes, often influenced by emotions and biases. Read more ...

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 5 pips to 7.1697 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System. In China's ...

New bank loans in China surged more than expected to a record high in January as the central bank moved to shore up a patchy economic recovery, reinforcing expectations for more stimulus in coming ...

The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened four pips to 7.1702 against the dollar on Monday. This is according to the China Foreign Exchange Trade System. In ...

The Russian rouble weakened slightly against the U.S. dollar on Monday ahead of Russia-U.S. talks scheduled to take place in ...

Chinese corporates and households ramped up foreign-currency deposits in January, signaling concern over potential yuan ...

China’s central bank governor said a steady yuan has contributed to the stability of global financial markets and economies ...

China’s central bank genuinely believes that the yuan is holding the world’s financial system together. On Sunday, People’s ...