Economy
Pakistan ditching US dollar for Chinese Yuan in trade
BEIJING: Pakistan along with other Belt and Road Initiative (BRI)countries ditching US dollar for Chinese Yuan in trade, it has...
Economy
Ditching US dollar, Pakistan moves closer to Chinese Yuan
KARACHI: In order to further expand the local Chinese Yuan (CNY) Clearingand Settlement Mechanism in Pakistan, the State Bank of...
EconomyPakistan
In a historic move, Pakistan and China abondon US dollar in 15 billion bilateral trade
*ISLAMABAD – Pakistan and China have decided to abondon dollar in bilateraltrade.* *Pakistan and China will start trading in yuan...
Opinions
Panda Bonds: Yet another option to save Pakistan s sinking economy
KARACHI – Pakistan government to approach panda bond market to diversifyits external financing sources, especially considering loan repaymentobligations ahead under...
World
China’s Yuan rises sharply against US Dollar
BEIJING: China’s yuan rose sharply against the dollar on Wednesday, a dayafter the central bank assured markets it would keep...
Economy
Pakistan China make history with new currency swap agreement worth billions of Dollars/Yuan
BEIJING: For the first time in History Pakistan and China have inked theunprecedented currency swap agreement. China’s central bank said...
World
Chinese Yuan set to take international stage
BEIJING – According to the head of the People’s Bank of China Governor ZhouXiaochuan, the Chinese authorities will continue to...
EconomyPakistan
Pakistan moving forward to trade in Chinese Yuan
*KARACHI:* With each passing day Pakistan has been inching closer to theChinese Yuan and moving away from the US Dollars....
World
Europe gradually ditching dollar for Chinese Yuan
BRUSSELS: More central banks in Europe revealed plans on Tuesday to holdyuan as part of their foreign currency reserves, highlighting...
EconomyPakistan
Karachi – Beijing to create bilateral currency swap and settlement system
ISLAMABAD – The government of Pakistan is considering a proposal to start using the Chinese yuan in trade with China,...