As multiple Asian currencies including the yen, won and rupee continue to depreciate against the US dollar, mainly due to the US Federal Reserve's policy, the #yuan has maintained its resilience in the foreign exchange market.
💲🇺🇸🇷🇺🇨🇳#Dedollarizzazione#Russia e #Cina hanno quasi totalmente cessato di utilizzare il dollaro USA nei reciproci scambi commerciali, ha rivelato il ministro degli Esteri, #Lavrov.
Oltre il 90% dei pagamenti sono effettuati nelle rispettive valute: #yuan cinese e #rublo russo.
💲🇺🇸🇷🇺🇨🇳#Dedollarizzazione#Russia e #Cina hanno quasi totalmente cessato di utilizzare il dollaro USA nei reciproci scambi commerciali, ha rivelato il ministro degli Esteri, #Lavrov.
Oltre il 90% dei pagamenti sono effettuati nelle rispettive valute: #yuan cinese e #rublo russo.
#Egypt is considering increasing its trade transactions using the #yuan and the #ruble, according to the country’s Ministry of Finance
#economy#finance
#Cina, secondo la principale piattaforma di tracciamento dei dati cinematografici #Maoyan, a partire dalle 16:00 di martedì 30 aprile, con l'inizio del #ponte del #PrimoMaggio, si sono registrati circa 650 milioni di #yuan (89,8 milioni di #dollari) di entrate combinate dalle…
“China has always been less ideologically committed to having a free-floating exchange rate than Japan and Korea,” Julian Evans-Pritchard, head of China economics at Capital Economics, said on Friday.
“It’s much more willing to step in to target a specific exchange rate.
#Yuan
What About The Big #yuan ( #PBoC ) Devaluation Theory?
While a weak currency may pose challenges for policymakers, it brings significant benefits to exporters. However, this advantage for Japanese exporters could spell trouble for Japan's competitors and has led to speculation…
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