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The spot yuan opened at 7.1641 per dollar and was last trading at 7.1715 as of 0312 GMT, 62 pips lower than Friday’s late ...
China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...
Traders are betting that the yuan, the Australian dollar and the South Korean won will strengthen versus the US dollar.
Global South World on MSN1d
Egypt to permit Chinese companies to use yuan for businessEgyptian Minister of Investment and Foreign Trade Hassan El Khatib announced the policy shift this week, confirming that the ...
20h
Cryptopolitan on MSNChina bans government procurement of EU medical devices worth over 45M yuan in retaliation for EU trade restrictionsChina has hit the European Union with a retaliatory ban after the continent’s governing body decided to limit Chinese ...
China lifted its official yuan midpoint to its strongest since November on Tuesday, but pressured its value versus its major ...
The euro rallied to its strongest against the Chinese yuan in over a decade, buoyed by sustained capital inflows into the ...
Der Euro ist gegenüber dem chinesischen Yuan auf den höchsten Stand seit über einem Jahrzehnt gestiegen, gestützt durch ...
In his wildest dreams, Chinese leader Xi Jinping and his designs on currency domination couldn’t have imagined a better foil ...
From expanding investment channels to building digital infrastructure, Beijing has been laying the groundwork to promote ...
They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency's global ...
In discussions with the PBOC, JD.com argued a yuan-pegged stablecoin was needed because the Hong Kong dollar is pegged to the U.S. dollar, which does not help promote the yuan's use in trade, one ...
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