Yuan Dollar

Yuan Dollar

Chinese Yuan and US dollar banknotes are seen in this illustration taken on 10 March 2023. File Photo: Reuters/Dado Ruvic

If loans taken in yuan, yen, it would be cheaper than dollar, ERD finds

An ERD analysis makes the case for borrowing in yen and yuan over dollars, but not everyone is convinced

Chinese Yuan and US dollar banknotes are seen in this illustration taken on 10 March 2023. File Photo: Reuters/Dado Ruvic

China's major state banks sell dollars to defend yuan - sources