The dollar gained on Thursday

The dollar gained on Thursday after earlier pushing the yen to a 10-month low and driving the euro and sterling to their weakest levels in three months, bolstered by a

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It would take years for

Why China’s Yuan Can’t Replace the U.S. Dollar

It would take years for the yuan to unwind the dollar’s well-entrenched dominance over global transactions. Now that Washington and Beijing have reached a

The dominance of the U.S. dollar remains unchallenged in the near term, but continued efforts to expand RMB-denominated products and market maturity could gradually

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