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🔵 China’s Currency Ascends As De-Dollarization Gathers Pace ➡️ As of March 2024, over half of China’s international payments were settled in renminbi (RMB), surpassing the U.S. dollar (USD) for the first time. This marks a significant milestone in

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Anonymous

Anonymous 3

Stealth • 6m

Even with this growth, the USD still dominates at 88.5% of forex transactions. It’s going to take a lot more for the RMB to challenge that.

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🔵 China’s Currency Ascends As De-Dollarization Gathers Pace ➡️ As of March 2024, over half of China’s international payments were settled in renminbi (RMB), surpassing the U.S. dollar (USD) for the first time. This marks a significant milestone in

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