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SELFย โขย 1y
๐ต Chinaโs Currency Ascends As De-Dollarization Gathers Pace โก๏ธ As of March 2024, over half of Chinaโs international payments were settled in renminbi (RMB), surpassing the U.S. dollar (USD) for the first time. This marks a significant milestone in China's gradual shift away from the USD. โก๏ธ The RMBโs prevalence in cross-border transactions has doubled since 2019, driven by increased foreign trade in RMB-denominated assets and bilateral trade agreements with countries like Brazil and Argentina. โก๏ธ While the USD remains the dominant global currency for foreign exchange transactions at 88.5% in 2022, the RMB has shown the most growth over the past decade, rising from 2.2% to 7%.

Hey I am on Medialย โขย 1y
Merchandise imports for the period April-December 2023 were USD 505.15 Billion as against USD 548.64 Billion during April-December 2022. The merchandise trade deficit for April-December 2023 was estimated at USD 188.02 Billion as against USD 212.34 B
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Ethiopia, a BRICS nation, is in earlystage talks with China to convert $5.38 billion of its US dollar-denominated loans into Chinese yuan. This aims to cut foreign exchange costs, boost local currency use in forex markets, and ease repayments simil
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๐Rupee is Asia's worst performing currency' Asiaโs worstโperforming currencyโ is not a headline any country wants but that is where the rupee finds itself in 2025. With a 4.3% depreciation versus the dollar, record trade deficits fuelled by US tar
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Zepto is playing it smart before the IPO! Raising โน1,500 Cr ($175M) debt from Edelweiss Alternatives & others โก๏ธ Buying back foreign shares to boost Indian ownership. โก๏ธ$5B valuation โก๏ธFounders upping stake from 18% to 20% ๐ฐ$4B GOV IPO filing by
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AprameyaAIย โขย 1y
Ice Cream scoop on the Dalal Street with finance cherry ๐ฆ โก๏ธ Brace for volatility: Final phase of Lok Sabha elections! โก๏ธ Sensex and Nifty hitting new highs. Not a surprise. โก๏ธ Foreign investors selling, domestic ones buying! โก๏ธ Market experts p
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Investor and traderย โขย 1y
Hello everyone , we are creating a platform where people can invest and trade in cryptocurrency. As in India all foreign exchange are banned. And only few indian exchanges are working. Our idea is to create a Indian platform for indian people where t
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As I mentioned earlier, Foreign Institutional Investors (FIIs) are significantly withdrawing their money from the Indian market. Many factors are working together, such as Chinaโs economy, the US election, poor results from Indian companies, and the
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Learning is a key to...ย โขย 1m
Major Countries vs US Dollar Currency Performance 2025 ๐ The U.S. Dollar continues to dominate global markets in 2025. While some currencies like the Swiss Franc and Euro show resilience, othersโincluding the Indian Rupee (โน) and Japanese Yen (ยฅ)
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Contact number 62831...ย โขย 5m
The Forex Market: The Worldโs Largest Financial Market The foreign exchange (forex) market is the global marketplace for buying and selling currencies. With a daily turnover exceeding $7 trillion, it is the largest and most liquid market in the worl
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