ALGORITHM ON JULY

China Has Actively Been Entering

China has actively been entering into non-dollar agreements to raise the yuan's global standing. The use of Chinese yuan in foreign-exchange swaps underwent the

Global central banks use record amount of yuan from PBOC swaps

Central Banks Use Record Amount of Yuan Via PBOC Swaps

Global Central Banks Tapped A

China's central bank announced steps this month to beef up cross-border financial services in Shanghai and encouraged companies to prioritise yuan usage in payment

Global central banks tapped a record amount of the Chinese currency in foreign-exchange swap lines in the first quarter, in another indication of the yuan’s growing

Central banks use record amount of yuan via PBOC

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China pushes Yuan use in trade as US tariff shake global markets

China ramps up global yuan push, seizing on retreating dollar

Hace 5 días But the yuan directive suggests that China isn’t waiting idly. As reported by Bloomberg, the sharp increase in yuan transaction requirements reflects Beijing’s

A Record Amount Of China

Global Central Banks Continue to Tap Yuan Via

China’s Yuan Sees Record Use in Global Central Banks Swap Lines

A record amount of China’s Yuan was drawn from foreign exchange swap lines by central banks worldwide in Q1 2025. The development is another sign of the Yuan’s

China Fuels De-Dollarization As Central Banks Use Record Amount