Pakistan’s launch of Panda bonds is not just a financial transaction but a strong message that Pakistan is ready for ...
In Kenya and Ethiopia, China is using debt distress as a strategic opening to expand the RMB’s international use.
USD/CNY slips below 7.1 as trade tensions ease and Fed policy shifts. Easing trade tensions on Chinese imports could send the ...
The International Monetary Fund (IMF) pressured Kenya to settle its SGR loans in Chinese yuan, shifting from US dollars.
HONG KONG: Chinese yuan edged lower against the US dollar on Friday and was on track to post its first weekly decline in a ...
China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...
Swap from the US dollar comes amid difficult relations with Washington but is primarily driven by the Kenyan government’s domestic economic and political concerns rather than marking a major ...
China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...
Ethiopia and Kenya may become Africa’s first countries to repay Chinese loans in Beijing’s currency. It’s the latest in a ...
Most Asian currencies traded in tight ranges on Friday, showing limited gains despite a weaker U.S. dollar, as market ...
From Professor Photis Lysandrou, Department of International Politics, City St George’s, University of London, London EC1, UK ...
The U.S. dollar weakened against the euro, Chinese yuan and Australian dollar on Monday as optimism over a possible ...