Xi Jinping pushes renminbi as a global trade and reserve currency; learn what reforms, market shifts and risks mean for ...
Xi Jinping has called for the renminbi to become a global reserve currency, in some of his clearest comments on his ambition for China’s legal tender to play a greater role in the international ...
Political pressure on the Fed and transatlantic fractures unsettle markets, offering China a timely opening to advance the ...
Argentina, Russia, Turkey, Venezuela—and now the U.S. Why President Donald Trump wants to join these cautionary-tale economies is anyone’s guess. But that’s exactly the company the U.S. will be ...
Economists see a politicized central bank damaging investor confidence in the U.S. system while Beijing advances in globalizing its currency.
BEIJING - China will elevate the foreign exchange risk reserve ratio for forward-forex sales to maintain the supply-demand ...
While US trade tensions have receded, including with China, Federal Reserve officials worry the danger to the economy is not over, according to minutes of the last policy meeting released Wednesday.
The latest de-dollarization movement started in 2022 when the U.S. imposed all-encompassing sanctions against Russia ...
By Divya Chowdhury and Mehnaz Yasmin DAVOS, Switzerland, Jan 23 (Reuters) - Lower valuations, government support and loose ...