The yuan's share of global reserves fell from a peak of 2.83 per cent in early 2022 to 1.93 per cent in the third quarter of 2025, according to IMF data - dwarfed by the US dollar at roughly 58 per ...

China is seizing an opportunity to challenge American dominance in global finance and exert greater international influence at the expense of the all-powerful US dollar. Geopolitical uncertainty – ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Xi Jinping has called for the renminbi to become a global reserve currency, in some of his clearest comments on ...

China needs to build a “strong currency” that can become widely used in international trade, investment and foreign exchange markets, and reach the status of a global reserve. The mission for the yuan ...

Johannesburg, South Africa – On a late November morning – two days before leaders of the world’s leading economies convened in Johannesburg for the 2025 Group of 20 summit – the governors of the South ...

Boycott Heaven, The Format's first studio album in nearly 20 years, arrives today. For a while, the indie rock outfit's Sam Means and Nate Ruess thought they might be cursed as a band. "Anytime we get ...

The conventional wisdom among China watchers has long been that China will not allow a substantial appreciation of the yuan because its still hobbled domestic economy needs the boost from exports.

High inflation and a currency collapse have squeezed Iranians’ budgets, challenging the country’s leaders. A photo released by Iranian state media shows a protest in Tehran on Monday, a day after Iran ...

China’s renminbi is lagging the currencies of key trading partners, making Chinese goods and services cheap and helping to drive exports. By Keith Bradsher Reporting from Beijing A night at the ...

After 20 years, Arizona band The Format has come back for a reunion tour, performing on "The Tonight Show Starring Jimmy Fallon" on Monday, Oct. 6. Taylor Swift will also be on The Tonight Show on Oct ...

Is your memory card accidentally formatted, and now you need to recover it? Perhaps you formatted it on purpose, and then sometime later, you remember those one-in-a-million photos or some crucial ...

This paper presents the most comprehensive and up-to-date panel dataset on global trade invoicing currency and examines recent pattern shifts with a focus on geopolitical alignment. Using data for 132 ...