Tag: #De-dollarization

Yuan going global to support economy, not replace others: GT Voice

Left Review Online July 22, 2024

Yuan going global to support economy, not replace others: GT Voice

Despite the progress made in the internationalization of the Chinese yuan, it is crucial for China to maintain a clear perspective on the financial fluctuations and risks behind the de-dollarization hype. The Chinese yuan's share on Russia's foreign exchange market reached 99.6 percent in June, Bloomberg reported on...More