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Dreams of Yuan Dominance Remain Just That—Dreams

Success for the yuan would require significant financial changes that China is clearly not ready for.

United statesUnited kingdomSaudi arabiaPeople bankCongressional research serviceInternational monetary fundInternational settlementsFederal reserveChinese communist partyMiddle eastPresident xi jinpingUnited statesDigital currencyHe yuanDigital dollar

The Need for the Digital Dollar

The United States cannot be on auto-pilot in regard to technological change and expect its global dominance to sustain.

United statesChristine lagardJosef joffeBenjamin cohenCentral bank digital currenciesCentral bank digital currencies cbdcsEuropen central bankStandard chartered bankBretton woodsGlobal financial crisisCrucial threatCentral bank digitalUnited statesDigital dollarHe yuan

Market exchange rates in China -- Jan 20

BEIJING, Jan. 20 (Xinhua) The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on

Hong kongUnited kingdomNew zealandSaudi arabiaChina foreign exchange trade systemUnit centralMarket makersMay theHe yuanBefore theHong kong

Market exchange rates in China -- Jan 17

BEIJING, Jan. 17 (Xinhua) The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on

Hong kongUnited kingdomNew zealandSaudi arabiaChina foreign exchange trade systemUnit centralCentral parityHe yuanHe hong

Market exchange rates in China -- Jan 12

BEIJING, Jan. 12 (Xinhua) The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on

Hong kongUnited kingdomNew zealandSaudi arabiaChina foreign exchange trade systemUnit centralPrices offeredHe yuanMarket makersArity rateOng dollar

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