Confronted with a dependence on China and an escalating war with Iran, the Pentagon is now putting money behind domestic ...

BEIJING, Feb 27 (Reuters) - China's central bank moved on Friday to slow the pace of rapid yuan appreciation, saying it will ...

When the U.S. dollar loses its monopoly on pricing the world's critical resources, Americans' purchasing power weakens As more commodities get priced in yuan instead of dollars, demand for dollars ...

The FG is in advanced talks with China to expand its existing Yuan–Naira currency swap to as much as $10 billion, a move aimed at ...

The Argument Refined, Nobel Prize-winning economist Friedrich Hayek argued for the benefits of a realm of competing, rather than monopoly, national currencies. Mode ...

The RMB is unlikely to be a major player in Forex reserves anytime soon—and that's by design.

The Development Finance Corporation (DFC), a little-known government agency, opened its first Wall Street outpost last week — and it’s got $205 billion and a mission to out-invest China on the world ...

So China wants to adopt a basket peg because it no longer thinks the dollar is a stable store of value. To quote Mr. Fan, Director of China’s National Institute for Economic Research: The U.S. dollar ...

This narrative is plausible, logical and ostensibly supported by data. But it is false. The dollar remains secure on its pedestal. The reason, though, is less the power of U.S. exceptionalism and more ...

China has accumulated a massive stock of U.S. dollar reserves in recent years. Statements of concern from China regarding the risk that U.S. economic policy might undermine the future purchasing power ...

The People’s Bank of China raised the yuan’s central parity rate against the dollar by 93 basis points today, standing at ...

China's central bank moved on ⁠Friday ⁠to slow the pace of ⁠rapid yuan appreciation, saying it will scrap the foreign ...