US dollar

2021.07.23

07:14

Report: Central banks will accelerate rise of Chinese yuan

According to an annual report released by the Official Monetary Financial Institutions Forum (OMFIF), a London-based think tank, 30% of central banks plan to increase their holdings of Chinese yuan in the next 12-24 months.

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Nvidia (NVDA.O): Blackwell chips have begun production at TSMC's chip factory in Phoenix, Arizona.
                            2025-04-14

                                    Li Lecheng, Secretary of the Party Leadership Group of the Ministry of Industry and Information Technology, meets with Sultan, Minister of Industry and Advanced Technology of the United Arab Emirates
                            2025-04-18

                                    BOE A: Net profit is expected to increase by 63% to 68% year-on-year in the first quarter of 2025
                            2025-04-15

                                    Faraday Future (FFIE.O) announced that it firmly opposes reverse stock splits and is committed to maintaining its listing status on Nasdaq. CEO Mark will meet with White House decision makers.
                            2025-04-17

                                    Nvidia unwavering in serving China market, says Jensen Huang
                            2025-04-17