# yuan

Chinese Yuan has reached the lowest level since 2007

Chinese Yuan has reached the lowest level since 2007 because of the trade war with the United States. It happened against the background of rise in rates to reduce the exchange rate of Chinese currency, ...

Yuan became the fourth currency in the world

In November 2024, the Chinese national currency, Yuan, rose to one position in the global rating of currencies in terms of use in international payments. Yuan became ...

Chinese banks stop servicing Russian payments

In May, the Russian business, in contact with Western sanctions, found a new channel for financial transactions - small regional Chinese banks. However, in July most ...

The Chinese yuan has overtaken the euro to become the world's second largest currency

A historic moment in the world economy: the Chinese yuan surpassed the euro for the first time in history and took second place among all world currencies. Such success shows...

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