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Chinese yuan exceeds the dollar in China-Hungary trade amid stronger connectivity

If one thing could epitomize the stronger connectivity between China and Central and Eastern Europe, it is the rising use of their own currencies to settle trade and investment. ....

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Opinion: Big deficits, easy money threaten U.S. dollar's global dominance

The BRICS Brazil, Russia, India, China and South Africa are expanding and studying an alternative currency system to the dollar. ....

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Shanghai Arb Gives Dollar Gold Price 'More Room to Rise' as Yen Gold Hits Record

The Dollar price of gold in London s bullion market rose to new 2-week highs Tuesday as the Chinese Yuan and Japanese Yen fell once more ahead of the US Fed s latest interest-rate decision and economic forecasts ....

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China banks' forex purchase at 1.39T yuan | The Manila Times

BEIJING: China s commercial banks saw a net foreign exchange (forex) settlement deficit of 74.1 billion yuan (about $10.32 billion) in August, narrowing by 30 percent from a month ago, official data showed on Friday. ....

Wang Chunying , Administration Of Foreign Exchange , Terms Of Service , State Administration , Foreign Exchange , Manila Times , 1 39t ,

London Gold Price Slips from 2-Week High as Fed and Inflation Fears Rally with Crude Oil

The gold price in London dropped back from 2-week highs of $1930 on Monday as longer-term US interest rates rose with crude oil prices ahead of this week s Fed decision, stoking fears of inflation ....

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