Chinese Yuan overtakes US dollar as most-used currency in Ch...

DavidBeeby wrote a post · Apr 26, 2023 22:05

Chinese Yuan overtakes US dollar as most-used currency in China's cross-border transactions for the first time in history.
Yuan-share rose to a record high of 48%, UP from nearly zero in 2010.
U.S-share declined to 47%, DOWN from 83% over the same period.
Wow.

$SPDR S&P 500 ETF(SPY.US)$ $S&P 500 Index(.SPX.US)$ $Nasdaq Composite Index(.IXIC.US)$ $Dow Jones Industrial Average(.DJI.US)$ $Invesco QQQ Trust(QQQ.US)$ $USD(USDindex.FX)$ $Rmb Appreciation Related(BK1187.HK)$ $CNY/USD(CNYUSD.FX)$

Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more

Translate

Report

51K Views

Comment

DavidBeeby

349Followers

11Following

1068Visitors