Xi Jinping has called for the renminbi to become a global reserve currency, in some of his clearest comments on his ambitions ...
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Xi calls for renminbi to become a global reserve currency
By Ben Aris in Berlin President Xi Jinping issued his strongest call yet for China’s renminbi to become a global reserve ...
China is seizing an opportunity to challenge American dominance in global finance and exert greater international influence at the expense of the all-powerful US dollar.
China’s President Xi Jinping has called for the renminbi to achieve global reserve currency status, “a powerful currency” ...
Xi Jinping pushes renminbi as a global trade and reserve currency; learn what reforms, market shifts and risks mean for ...
A stronger currency may be coming but policymakers in Beijing face two dilemmas that will limit their appetite for exchange rate appreciation.
The internationalisation of the renminbi has been held back by the Chinese government’s aversion to risk, says an economist, ...
As G10 currencies follow their divergent paths, with the dollar gradually strengthening as the euro and yen decline, the question of the Chinese renminbi’s value is coming under increasing scrutiny.
The CFETS RMB Exchange Rate Index is a key indicator that measures the value of the Chinese yuan against a basket of currencies from its major trading partners. A decrease in this index suggests a ...
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