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The United States and China may feel some financial detente is wise at this point - even if goading one another plays well domestically. A bruising August for both China's economy,...
By Mike Dolan LONDON (Reuters) -The United States and China may feel some financial detente is wise at this point - even if goading one another plays well
India bought 1 million barrels of oil from the United Arab Emirates using its own currency instead of US dollars.The Indian Oil Corp settled a payment in rupees
The People’s Bank of China set its so-called fixing at 7.2006 per dollar compared to an average estimate of 7.3047 in a Bloomberg survey with traders and analysts.
India and the United Arab Emirates have moved to settle bilateral trade without the buck, marking the latest development in the dedollarization trend.