CNY (RMB) 02 (Feb 16 - Dec 24)

[behappyalways]

美元霸權逐漸凋零 全球對美元依賴程度下降 人民幣國際化指日可待【Yahoo TV#風向龍鳳配 】
https://m.youtube.com/watch?v=ndCJfa5cgXc

[behappyalways]

Is A Chinese Devaluation Imminent?
https://www.zerohedge.com/markets/chine ... n-imminent

[behappyalways]

China battles to prop up the faltering yuan after it falls to a 2-year low against the dollar
https://markets.businessinsider.com/new ... icy-2022-8

[behappyalways]

美元吸力超強!人民幣若"破7" 專家警告:亞洲金融風暴重演｜非凡財經新聞｜20220906
https://m.youtube.com/watch?v=HIPquHmeUZI&t=1s

[behappyalways]

Pressure On China To Devalue Yuan Becoming More Acute
https://www.zerohedge.com/markets/press ... more-acute

[behappyalways]

Export Slowdown Could Bring More Bad News For Yuan
https://www.zerohedge.com/economics/exp ... -news-yuan

[winston]

Major CN State-owned Banks Purportedly Dump USD to Prevent RMB from Weakening

Major Chinese state-owned banks have been dumping US Dollar in onshore foreign exchange market, as an attempt to prevent RMB from dropping below the critical level of 7.25 against USD, reported Reuters, citing people familiar with the matter.

Source: AAStocks Financial News

http://www.aastocks.com/en/stocks/news/ ... p-news/HK6

[behappyalways]

The Chinese yuan has passed the Australian, Canadian and Swiss currencies to become the world's 5th most traded
https://markets.businessinsider.com/new ... ar-2022-10

[winston]

China trade: yuan settlements seen rising as geopolitical strife fuels currency diversification

The share of Chinese trade settled in its currency has been gradually rising, with China’s ‘robust exports’ since 2020 contributing to the trend

Beijing’s strict capital controls could also be serving to increase use of the yuan in trade settlements

by Kandy Wong

Trade showed that the share of Chinese trade settled in yuan rose from less than 20 per cent to nearly 30 per cent between early 2020 and August 2022, while more than 40 per cent of global trade is conducted with US dollars.

Source: SCMP

https://www.scmp.com/economy/china-econ ... sification

[behappyalways]

Chinese Yuan Has Best Day In Decades As Good News Piles Up
https://www.zerohedge.com/markets/chine ... news-piles