Tags » RMB

To farm or not to farm? That is the real question.

Well hello, long time no write, but now I am getting kinda of inspiration or a tingly feeling some might call it. We have a lot of changes coming our way in a very near future and today was an important “D” for decision day. 479 more words

China

“The G-20 Financial Massacre”, Instability In Major Currency Markets?

By Bill Holter

Very “quietly” the world’s 20 largest economies will meet in Brisbane, Australia later this coming week. I use the word “quietly” because here in the U.S. 1,252 more words

Emerging Markets

Chinese yuan penetrates African markets

Source: Africa Renewal, by Tonderayi Mukeredzi

Could it be the next global reserve currency?

In March this year Zimbabwe joined a growing list of countries in Africa and the world using the Chinese currency, yuan, also known as remnibi (RMB), as one of its official currencies after its central bank added the RMB, the Japanese yen, the Australia dollar and the Indian rupee to the existing basket of currencies. 824 more words

Economy