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Digital Yuan: Chinese Currency's Internationalization Goes Full Throttle

China has begun to conduct cross-border crude oil settlements in digital yuan. The China National Petroleum Corporation (CNPC) has recently bought 1 million barrels of crude oil using the nation s digital currency, according to the Chinese press. ....

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De-Dollarization: Suspected China Plot Vs. US Bonds Is a Myth, Expert Says

China's holdings of US bonds have hit a 14-year low - but that doesn't necessarily mean Beijing is deliberately shifting away from dollar assets, according to Lloyds Banking Group strategists. ....

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'Blue Dollar' Boom: in Argentina's Black Market, USD Rocketed 60,000%

On Argentina's forex black market, the dollar recently topped 1,000 pesos for the first time. The unofficial exchange rate is up almost 60,000% since 2002. ....

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Currency Traders Betting Against Israel's Shekel After Hamas Attack

Traders are shorting the Israeli currency, which has fallen nearly 5% against the US dollar since Hamas forces attacked on October 7. ....

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Dedollarization: Egypt Issues Yuan-Denominated Panda Bonds for First Time

Egypt issued three-year panda bonds worth 3.5 billion yuan, or about $479 million, marking another shift from global reliance on the US dollar. ....

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