Re:The Great Unwind
by bloppe on Wednesday February 04, 2026 @02:40PM
(#46890599)
The bar has been significantly lowered in the last year since the US has decided to commit bigly to unpredictability. Another 3 years of these kinds of manipulations and the Yuan could very well look like the lesser evil to a lot of countries.
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Still nowhere near what the CCP does.
The Euro is like, right there? Its a market larger then the US.
Europeans dont make stuff i want to buy.
Neither does the US that's not the utility of a reserve currency.
Re:The Great Unwind
by throw0101a on Thursday February 05, 2026 @07:58AM
(#46899145)
> The bar has been significantly lowered in the last year since the US has decided to commit bigly to unpredictability.
The yuan/renminbi is currently about 8.5% of all foreign currency transactions. That's on a similar to CAD and AUD (6%):
* https://en.wikipedia.org/wiki/Template:Most_traded_currencie...
It has a ways to go still.