#Chinese Yuan

2 articles tagged

Chinese Firms Accelerate US Dollar Sales at Record Pace

Chinese firms and investors sold off a net $51.8 billion in foreign currency in September, the largest monthly amount since 2020, signaling strong optimism in the yuan.

By Oliver Vance

#Chinese Yuan#Forex#US Dollar

Finance•Oct 2

Yuan and Aussie Dollar Gain in Global Reserves Amid USD Dip

New IMF data shows the Chinese yuan and Australian dollar increased their share of global reserves in Q2, while the U.S. dollar and euro saw minor dips.

By Oliver Vance

#IMF#Global Reserves#US Dollar

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Chinese Firms Accelerate US Dollar Sales at Record Pace

Yuan and Aussie Dollar Gain in Global Reserves Amid USD Dip

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