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Standard Chartered Bank Joins China’s CBDC Pilot Trials : All You Need to Know
Standard Chartered China has become the latest bank that has joined China’s CBDC pilot. This means that Standard Chartered Bank in the Asian nation will now allow its users to access the digital version of the Chinese Yuan.
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Ex China Central Bank Official Says Digital Yuan is Little Used
Expressing disappointment with the result of a trial in select provinces and cities, the former official, Xie Ping, told a conference that application of the so-called digital yuan needed to be widened.
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Rupee Rises Sharply To 82.44 A Dollar From 82.89, Driven By Yuan's Rally
The Indian rupee reversed the previous session's losses to gain sharply on Friday against a retreating dollar.
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Rupee Falls To 82.73 Per Dollar As China's Yuan Plunges To A New Low
The rupee reversed gains from earlier on Tuesday to end slightly lower against a softer dollar.
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Rupee Rises To 82.64 A Dollar, But Chinese Yuan's Crash To Record Low Limits Gains
The rupee gained slightly on Tuesday, driven by an easing dollar on less hawkish US central bank bets.
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China Trials Cross-Border Settlement Involving Cenbank Digital Currencies
A central bank digital currency trial focused on cross-border transactions has been completed, the Bank for International Settlements (BIS) said, with Chinese state-owned banks participating as Beijing tries to internationalise its digital yuan.
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Bangladesh Opts For Overseas Payments In Chinese Yuan As FX Reserves Fall
Bangladesh has allowed banks to maintain accounts in Chinese currency for overseas transactions to reduce dependency on the US dollar.
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Russia Could Buy Yuan, Rupees, Turkish Lira For Rainy Day Fund
Russia is considering buying the currencies of "friendly" countries such as China, India and Turkey to hold in its National Wealth Fund (NWF), having lost the ability to buy dollars or euros due to sanctions, the central bank said on Friday.
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Russia Could Buy Yuan, Rupees, Turkish Lira For Rainy Day Fund: Report
Russia is considering buying the currencies of "friendly" countries such as China, India and Turkey to hold in its National Wealth Fund (NWF), having lost the ability to buy dollars or euros due to sanctions, the central bank said on Friday.
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China Vows Privacy, Information Protection In Using Digital Yuan
China will fully respect privacy and protect personal information in using the digital yuan, state media quoted a senior central bank official as saying on Sunday, as Beijing encourages greater adoption of e-CNY.
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China Plans Yuan Pool To Counter Dollar's Reserve Currency Status
China's central bank has signed an agreement with Switzerland based Bank for International Settlements to establish a yuan pooling scheme
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Asian Currencies' Bearish Trends Retreat On China Recovery Signs
Bearish bets on Asian currencies reduced on signs that China's economic pain may abate with easing of COVID-19 curbs
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Tether Expands Into Latin America With Peso-Pegged Stablecoin Launch
Tether has announced the launch of MXNT, a new type of stablecoin backed by Mexico’s national currency, the peso. Initially, MXNT will be available on three main blockchains – Ethereum, Tron, and Polygon.
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China's Central Bank Expands Digital Yuan Trials to Include More Major Cities
China's central bank has stated that it will further expand a pilot scheme of its digital currency to more areas, including cities in the eastern Zhejiang province which is set to host the Asian Games later this year.
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US Removes Currency Manipulator Label On China Ahead Of Trade Deal
The United States on Monday removed the currency manipulator label it imposed on China last summer, in a sign of easing tensions between the two economic powers after nearly two years of conflict.
-
Standard Chartered Bank Joins China’s CBDC Pilot Trials : All You Need to Know
Standard Chartered China has become the latest bank that has joined China’s CBDC pilot. This means that Standard Chartered Bank in the Asian nation will now allow its users to access the digital version of the Chinese Yuan.
-
Ex China Central Bank Official Says Digital Yuan is Little Used
Expressing disappointment with the result of a trial in select provinces and cities, the former official, Xie Ping, told a conference that application of the so-called digital yuan needed to be widened.
-
Rupee Rises Sharply To 82.44 A Dollar From 82.89, Driven By Yuan's Rally
The Indian rupee reversed the previous session's losses to gain sharply on Friday against a retreating dollar.
-
Rupee Falls To 82.73 Per Dollar As China's Yuan Plunges To A New Low
The rupee reversed gains from earlier on Tuesday to end slightly lower against a softer dollar.
-
Rupee Rises To 82.64 A Dollar, But Chinese Yuan's Crash To Record Low Limits Gains
The rupee gained slightly on Tuesday, driven by an easing dollar on less hawkish US central bank bets.
-
China Trials Cross-Border Settlement Involving Cenbank Digital Currencies
A central bank digital currency trial focused on cross-border transactions has been completed, the Bank for International Settlements (BIS) said, with Chinese state-owned banks participating as Beijing tries to internationalise its digital yuan.
-
Bangladesh Opts For Overseas Payments In Chinese Yuan As FX Reserves Fall
Bangladesh has allowed banks to maintain accounts in Chinese currency for overseas transactions to reduce dependency on the US dollar.
-
Russia Could Buy Yuan, Rupees, Turkish Lira For Rainy Day Fund
Russia is considering buying the currencies of "friendly" countries such as China, India and Turkey to hold in its National Wealth Fund (NWF), having lost the ability to buy dollars or euros due to sanctions, the central bank said on Friday.
-
Russia Could Buy Yuan, Rupees, Turkish Lira For Rainy Day Fund: Report
Russia is considering buying the currencies of "friendly" countries such as China, India and Turkey to hold in its National Wealth Fund (NWF), having lost the ability to buy dollars or euros due to sanctions, the central bank said on Friday.
-
China Vows Privacy, Information Protection In Using Digital Yuan
China will fully respect privacy and protect personal information in using the digital yuan, state media quoted a senior central bank official as saying on Sunday, as Beijing encourages greater adoption of e-CNY.
-
China Plans Yuan Pool To Counter Dollar's Reserve Currency Status
China's central bank has signed an agreement with Switzerland based Bank for International Settlements to establish a yuan pooling scheme
-
Asian Currencies' Bearish Trends Retreat On China Recovery Signs
Bearish bets on Asian currencies reduced on signs that China's economic pain may abate with easing of COVID-19 curbs
-
Tether Expands Into Latin America With Peso-Pegged Stablecoin Launch
Tether has announced the launch of MXNT, a new type of stablecoin backed by Mexico’s national currency, the peso. Initially, MXNT will be available on three main blockchains – Ethereum, Tron, and Polygon.
-
China's Central Bank Expands Digital Yuan Trials to Include More Major Cities
China's central bank has stated that it will further expand a pilot scheme of its digital currency to more areas, including cities in the eastern Zhejiang province which is set to host the Asian Games later this year.
-
US Removes Currency Manipulator Label On China Ahead Of Trade Deal
The United States on Monday removed the currency manipulator label it imposed on China last summer, in a sign of easing tensions between the two economic powers after nearly two years of conflict.
