Brazil and China Move to Settle Trades Using the Chinese Yuan.

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Brazil and China Move to Settle Trades Using the Chinese Yuan.

sgbuffett

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16-04-2023, 09:01 AM

(16-04-2023, 08:50 AM)Huliwang Wrote: I think they still use the USD to determine the value of each country's currency for the purpose of deriving an exchange rate. If they use GOLD as the standard, then we can consider they dumped the USD for good. .....

95% of forex trade involves the US$.

So long as China has currency controls to limit Chinese citizens taking money out of China it can never be a reserve currency ...if Chinese themselves cannot take out their money no country will keep Yuan as reserve co

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Messages In This Thread

Brazil and China Move to Settle Trades Using the Chinese Yuan. - by Scythian - 16-04-2023, 07:19 AM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by debono - 16-04-2023, 08:21 AM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by Huliwang - 16-04-2023, 08:50 AM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by sgbuffett - 16-04-2023, 09:01 AM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by Niubee - 16-04-2023, 09:12 AM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by debono - 16-04-2023, 10:16 AM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by Niubee - 16-04-2023, 10:34 AM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by sgbuffett - 16-04-2023, 10:44 AM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by debono - 16-04-2023, 10:48 AM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by sgbuffett - 16-04-2023, 10:58 AM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by Niubee - 16-04-2023, 11:49 AM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by watchfirst9 - 16-04-2023, 02:12 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by sgxin - 16-04-2023, 12:13 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by Scythian - 16-04-2023, 10:35 AM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by Manthink - 16-04-2023, 04:36 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by webinarian - 16-04-2023, 03:39 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by Manthink - 16-04-2023, 04:44 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by Tee tiong huat - 17-04-2023, 10:21 AM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by Tee tiong huat - 18-04-2023, 11:20 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by Tee tiong huat - 18-04-2023, 11:16 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by WhatDoYouThink! - 16-04-2023, 08:34 AM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by RiseofAsia - 16-04-2023, 10:39 AM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by Scythian - 16-04-2023, 12:04 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by Manthink - 16-04-2023, 03:17 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by Scythian - 17-04-2023, 10:30 AM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by Manthink - 17-04-2023, 10:50 AM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by grotesqueness - 16-04-2023, 02:40 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by sogo - 16-04-2023, 02:55 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by grotesqueness - 16-04-2023, 03:12 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by Manthink - 16-04-2023, 03:22 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by grotesqueness - 16-04-2023, 03:34 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by webinarian - 16-04-2023, 03:49 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by Manthink - 16-04-2023, 04:31 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by grotesqueness - 16-04-2023, 04:33 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by Manthink - 16-04-2023, 04:39 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by grotesqueness - 16-04-2023, 04:43 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by Manthink - 16-04-2023, 04:46 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by Tee tiong huat - 18-04-2023, 04:44 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by aiptasia - 16-04-2023, 03:26 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by grotesqueness - 16-04-2023, 03:33 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by aiptasia - 16-04-2023, 05:09 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by Manthink - 16-04-2023, 03:27 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by watchfirst9 - 16-04-2023, 03:43 PM

RE: Brazil and China Move to Settle Trades Using the Chinese Yuan. - by aiptasia - 16-04-2023, 03:31 PM

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