Tag: Yuan

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Asia stocks scale 4-month high on reopening of Chinese economy

Asian shares rose on Thursday on hopes for China's emergence from the pandemic, while the dollar found support after analysts spotted a warning against...

The yuan’s the new dollar as Russia rides to the redback

Chinese entrepreneur Wang Min is delighted about Russia's embrace of the yuan. His LED lights company can price contracts to Russian customers in yuan...

Russian rouble weakens on weaker oil

The Russian rouble weakened against the U.S. dollar on Thursday on weaker oil, with analysts expecting it to reverse the trend next week as...

Yuan falls to lowest since 2008 global crisis, despite state bank support

China's yuan fell on Friday to its weakest level against the dollar since the global financial crisis of 2008, despite attempts by major state-owned...

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IEA sees surplus oil supply in 2024 even if OPEC+ extends current cuts

The global oil market will see a slight surplus...

AfDB hybrid capital note could launch before end-November

 The African Development Bank (AfDB) could launch its debut...

Scholz pledges greater investment in Africa’s green energy sector

Germany will invest 4 billion euros in green energy...

World Bank sees $12 billion support to Kenya over next 3 years

The World Bank said on Monday that it foresaw...

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