Chinese yuan surpasses the euro – Currency – 21 November 2023

[ad_1] READ  🇺🇸 x 🇨🇳 China’s Yuan overtook the Euro in world trade and “became the second most used currency in the global trade finance market in September, surpassing the Euro for the first time,” according to interbank tracker SWIFT. But the dollar remains more valuable than ever.     FOLLOW MY SIGNAL [ad_2] لینک منبع

Analysis-Cheap yuan catapults China to second-biggest trade funding currency By Reuters

[ad_1] © Reuters. Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Samuel Shen and Rae Wee SHANGHAI/SINGAPORE (Reuters) – Global companies are making a beeline for China’s debt markets, issuing record amounts of yuan-denominated bonds and borrowing heavily from mainland banks, capitalising on rock-bottom

Rintaro Tamaki discusses yen intervention limits amid currency weakness By Investing.com

[ad_1] © Reuters. TOKYO – Rintaro Tamaki, who served as Japan’s Vice-Minister of Finance for International Affairs from 2009 to 2011, reflected on past interventions in the currency market, particularly during the tumultuous period following the March 2011 earthquake and the Fukushima disaster. He highlighted these interventions aimed at stabilizing markets but also underscored the

Swiss respond to removal from US currency manipulation list By Reuters

[ad_1] © Reuters. ZURICH (Reuters) – The Swiss National Bank responded on Wednesday to the U.S. Treasury removing Switzerland from its monitoring list of countries that appeared to be manipulating their currencies. The SNB said it noted the decision, which came in the Treasury’s semi-annual report into the currency policies of the United States’ major