The volume of global trade in the yuan has reached $817 billion per day, showing significant growth over the decade and approaching the volume of the British pound. According to a study by the Bank for International Settlements, the yuan's share in global foreign exchange transactions has grown to 8.5%, compared with 7.0% in 2022. The yuan now ranks fifth among the most traded currencies, narrowing the gap with the pound, whose share dropped from 12.9% to 10.2%.China continues efforts to st... Read More
The ruble-denominated A7A5 stablecoin has been qualified as a digital financial asset (CFA), which... Read More
Visa has announced the launch of a new service focused on the use of USDC and EURC stablecoins. The... Read More
On Tuesday, the Australian currency showed growth: the AUD/USD pair rose by 0.4%, reaching 0.6610.... Read More
The Swiss National Bank (SNB) has carried out the largest currency interventions in the last three... Read More
John Williams, President of the Federal Reserve Bank of New York, announced a reduction in... Read More
The ECB has announced its intention to conduct new experiments with the digital euro next year in... Read More
The head of the Cleveland Fed, Beth Hammack, said that the US Central Bank is facing difficulties... Read More
Gold continues to rise in price, setting a new record amid the weakening of the US dollar and the... Read More
On Monday, platinum prices are steadily rising, breaking the $1,650 per troy ounce mark for the... Read More
Investors' attention will be focused on the September employment report in the United States and... Read More
India has announced holding «constructive meetings» with the United States to discuss a trade a... Read More
Bitcoin dropped below $110,000 on Friday, recording a significant weekly decline. The main reasons... Read More
Donald Trump announced the introduction of new duties affecting heavy trucks and a number of other... Read More
The US dollar is heading for its strongest week since early August: fresh data on the US economy... Read More
Oil prices continue to rise and may end the week with the strongest increase since the beginning of... Read More
The People's Bank of China has launched a digital yuan operations center in Shanghai, which will... Read More
According to trading data, global oil prices moved lower on Thursday after rising by more than 3.5%... Read More
In September, 25 Indian companies plan to hold initial public offerings on the national stock... Read More
The Swedish krona strengthened against the euro after the Riksbank's unexpected decision in... Read More
Quotations of December silver futures on the Comex exchange on Wednesday exceeded the mark of $45... Read More
On Wednesday evening, the US currency strengthened against the major world currencies against the... Read More
The EAEU and Iran have signed a three-year roadmap for the implementation of the free trade area... Read More
Inflation in the eurozone countries has reached a stable level, and the economy is showing... Read More
The European Union intends to resume negotiations with the United States on reducing duties on... Read More
Morgan Stanley named the best stocks for investing in artificial intelligence, noting that industry... Read More
Analysts at Wells Fargo, the largest American bank holding company, presented an overview of the... Read More
Russian oil shipments by sea have reached record volumes in 16 months, despite a reduction in... Read More
On Tuesday afternoon, oil prices moved back up, reacting to geopolitical tensions and news about... Read More
Gold prices rose above $3,800 per ounce on Tuesday for the first time in history, continuing a... Read More
On Monday, the crypto market faced a large-scale liquidation of long positions in excess of $1.5... Read More
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