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The yuan strengthened on Monday as investors bet on imminent U.S. rate cuts, but analysts caution that weak Chinese economic data could limit the currency’s gains. Bollywood Fever: The yuan strengthened on Monday alongside...
According to Commerce Secretary Matias Tombolini, the Argentine government reported that approximately 19% of authorized imports in the national system were successfully paid using the Chinese yuan during the months of April and May....
According to the chairman of Russia’s second-largest bank, there are strong indications that the Chinese yuan will replace the US dollar as the world’s primary reserve currency. With the central bank of Russia already...
