US EditionPublished • loading... • Updated
Chinese Yuan Nears One-Year High Against US Dollar, Eyes Potential Break of “7” Mark - YT FINANCE
Summary by YUAN TALKS
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.2 Articles
2 Articles
Sputnik. China, the second largest global economy and the world’s largest exporter, is one of the big dollar gravediggers. The use of yuan in its transactions already reaches 53 per cent, in contrast to just 10 per cent in 2000, a trend supported, in particular, by the expansion of its cross-border payment system alternative to Swift. In turn, almost 70 per cent of trade between BRICS and associated countries — which together account for 50 per …
Chinese Yuan Nears One-Year High Against US Dollar, Eyes Potential Break of “7” Mark - YT FINANCE
The Chinese yuan has strengthened against the US dollar amid a weaker dollar and supportive domestic economic conditions. Analysts expect the currency to remain strong in the near term, with potential for moderate appreciation into 2026.
Coverage Details
Total News Sources2
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
