Some of the Russian money is invested in Indian securities, but most of it remains in…
Tag: yuan
A $188 billion exodus shows China’s heft fading in world markets
Foreign holdings of the nation’s equities and debt have fallen by about 1.37 trillion yuan ($188…
Long live the dying and bereaved US dollar
A quiet but important milestone was crossed last year. For the first time in decades, the…
Modi’s ‘Ruble Wise Rupee Foolish’ Policy
A motorcyclist looks at an employee filling petrol at a fuel station in Mumbai. , Photo…
China’s economic recovery stalls amid debt, property slump – Is stimulus likely?
China’s efforts to recover from an extended COVID-19 lockdown appears to have come to a stuttering…
Wall Street, European Shares Rally on Progress in US Debt Ceiling Deal
Last Updated: May 26, 2023, 23:53 IST New York, United States of America (USA) On Thursday…
Argentina says it will pay for Chinese imports in yuan instead of dollars
Argentina said the decision to pay in yuan “improves the perspective of Argentina’s net reserves.” Buenos…
Yuan surpasses dollar as China’s most used cross-border currency
Last Update: April 27, 2023, 00:04 IST China has long promoted the use of the yuan…
countering the hegemony of the dollar
A trader counts US dollar notes at a currency exchange booth in Peshawar, Pakistan. , photo…
Yuan Dilemma in Russia’s Trade
Bangalore/New Delhi With the Reserve Bank of India’s rupee settlement arrangement still in its early days,…