De-dollarization: Even China isn't for a complete break from the USD

United States News News

De-dollarization: Even China isn't for a complete break from the USD
United States Latest News,United States Headlines
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

3 reasons why even China doesn't want the yuan to replace the dollar as the world's reserve currency

with Moscow and other countries keen to use the yuan for trade and payments as it looks to broaden the use of its currency internationally.

1. China doesn't want to liberalize its currency and allow money to move freely in and out of its economy Beijing's policy has typically leaned toward having such controls, as it considers them as prerequisites for an independent, sovereign monetary policy, wrote Green.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pairs in Focus This Week \u2013 AUD/USD, USD/JPY, GBP/USDPairs in Focus This Week \u2013 AUD/USD, USD/JPY, GBP/USDGet the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of May 28th, 2022 here.
Read more »

Weekly Forex Forecast \u2013 NASDAQ 100 Index, USD/JPY, NZD/USDWeekly Forex Forecast \u2013 NASDAQ 100 Index, USD/JPY, NZD/USDThe difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade.
Read more »

GBP/USD recovers from 1.2350 as USD Index drops amid US debt-ceiling raise approvalGBP/USD recovers from 1.2350 as USD Index drops amid US debt-ceiling raise approvalThe GBP/USD pair has attempted a recovery move after trading sideways below 1.2350 in the Asian session. The strength in Cable has come due to a sheer
Read more »

Trading Support and Resistance \u2013 GBP/USDTrading Support and Resistance \u2013 GBP/USDThis week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
Read more »

EUR/USD: Weekly Forecast 28th May - 3rd JuneEUR/USD: Weekly Forecast 28th May - 3rd JuneTraders who have jumped onto the selling bandwagon of the EURUSD have likely enjoyed the past handful of days- Forex Forecast
Read more »

GBP/USD: Weekly Forecast 28th May - 3rd JuneGBP/USD: Weekly Forecast 28th May - 3rd JuneSupport levels have continued to prove vulnerable in the GBPUSD as nervous trading conditions highlight Forex-
Read more »



Render Time: 2025-02-21 09:58:03