Opinions
Iran’s Bold Yuan Gambit Challenges Petrodollar Dominance in Strait of Hormuz
Iran proposes yuan payments for oil transit through critical global chokepoint amid escalating tensions
EconomyWorld
Chinese yuan rises against US Dollar
BEIJING: The Chinese currency, the renminbi or the yuan, continued to strengthen against the greenback Friday due to a weak...
EconomyWorld
Chinese Yuan hits two-year high as dollar stutters amid US shutdown
BEIJING: The Chinese yuan’s central parity rate hit its highest level against the US dollar since December 2015 on Monday,...
World
US Dollar still under pressure even after China hits back at fake news
WASHINGTON – The dollar came under fresh selling pressure on Thursday evenafter China hit back over a “fake news” report...
EconomyPakistan
China welcomes Pakistan move of bilateral trade in Chinese Yuan
BEIJING: China has welcomed Pakistan’s move allowing the yuan to be usedfor imports, exports and financing transactions for bilateral trade...
EconomyPakistan
Pakistan moves ahead with Chinese Yuan in bilateral trade, ditching US dollar
KARACHI: The State Bank of Pakistan (SBP), in the capacity of the policymaker of financial and currency markets, has taken...
EconomyPakistan
Switch over from US Dollar to Chinese Yuan to benefit Pakistan
ISLAMABAD: Pakistan is considering a proposal to replace the US dollar with the Chinese yuan for trade between China and...