Tag:US Dollar/Chinese Renminbi FX Spot Rate

China rushes to pull back the yuan from a three-year high

BEIJING — China is attempting to rein in the yuan because it surges to three-year highs towards the U.S. dollar.A stronger yuan makes...

U.S. inflation is transitory but could become more persistent, says ex-Fed official Dudley

The latest spike in U.S. inflation is probably transitory for now — but it could become more persistent within the coming years as...

U.S. Treasury Secretary Yellen and China’s vice premier talk about cooperation and economic recovery

The flags of China, U.S. and the Chinese Communist Party are displayed in a flag stall on the Yiwu Wholesale Market in Yiwu,...

Chinese yuan will become a top reserve currency sooner than expected, says Ray Dalio

The Chinese yuan will become a world reserve currency sooner than most individuals count on, mentioned billionaire investor Ray Dalio.The U.S. dollar is...

China may test its digital currency with foreign visitors at the 2022 Beijing Winter Olympics

BOAO, China — China is making an attempt to make it potential for foreign athletes and visitors to make use of its digital...

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A Problem With Bitcoin’s Lightning Network Liquidity And Ideas To Address It

This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast...

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