yuan Archives

China foreign exchange reserves decline in June

manamalive.comJuly 9, 2026July 10, 2026

by manamalive.comJuly 9, 2026July 10, 2026021

BEIJING, CHINA / MENA Newswire / – China’s foreign exchange reserves fell 0.75% in June, official data showed, as valuation changes linked to currencies and asset prices reduced the reported dollar value of reserve holdings....

Business

Russia ramps up daily gold buying by 700% starting September 6

manamalive.comSeptember 7, 2024September 7, 2024

by manamalive.comSeptember 7, 2024September 7, 20240286

Russia has increased its daily gold purchases by 700%, allocating 8.2 billion rubles per day from September 6 to October 4, according to the country’s Finance Ministry....

Business

Chinese Yuan hits record lows against surging US dollar

manamalive.comMay 9, 2023May 9, 2023

by manamalive.comMay 9, 2023May 9, 20230509

The yuan has hit new record lows against the surging US dollar, with the internationally-traded yuan reaching its lowest point since 2011 and China’s domestic currency hitting its weakest level since the 2008 global financial...