Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...
Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
The Indian rupee ended lower on Friday pressured by month-end dollar demand from importers, with traders expecting the future ...
The U.S. Treasury's Office of Foreign Assets Control (OFAC) in June imposed sanctions on Moscow Exchange and its clearing ...
Betting on a near-term rise in the Indian rupee has become costlier than wagering on its fall in the options market for the ...
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar ...
Country Garden Holdings Co. has won bondholders’ approval to push back payments on its nine yuan bonds by six months, ...
Russian banks and companies are increasingly choosing Kazakhstan for currency operations needed to conduct payments with ...
Never miss an episode. Follow The Big Take Asia podcast today.Most Read from BloombergEric Adams' Vanishing Promise to Fix ...
The yuan rallied past the 7 per dollar milestone for the first time in 16 months as investors digested a raft of measures to ...
SHANGHAI/BEIJING: China’s yuan has stayed steady through a week that saw authorities roll out massive stimulus ...
Other business leaders have made similar predictions. Billionaires Ray Dalio and Richard Branson have both suggested that A.I ...