Swift

New Business

US Fed’s hawkish rate-cut forecast slams China’s yuan

The offshore yuan weakened overnight and broke a key psychological level of 7.3 per US dollar, as the US Federal…

Read More »
New Business

China’s plans for yuan unfazed by Trump’s pledge to protect ‘mighty US dollar’

China may need to exercise caution when promoting the overseas use of the yuan over the next four years, analysts…

Read More »
New Business

Russia’s ‘economic isolation’ seen benefiting China amid fresh US sanctions

The US Treasury’s latest round of sanctions to further curtail Russia’s use of the international financial system is likely to…

Read More »
New Business

China’s yuan hits internationalisation landmark with record share of global payments

Swift payment data is a major indicator for the relative status of international currencies. Other metrics include frequency of use…

Read More »
New Business

China’s interbank system promoted as safeguard against Swift consequences

China should promote its indigenous cross-border interbank system to reduce risks to its financial security, a senior researcher for a…

Read More »
Back to top button