Latest / The Emerging Markets Podcast with Fexingo: Developing Economies, Growth, and Investment
How the Yuan Is Becoming a Reserve Currency for Emerging Markets
China's yuan is quietly gaining traction as a reserve currency in emerging markets, challenging the dollar's dominance. This episode explores the recent BRICS expansion and trade settlement agreements that have boosted yuan reserves. We look at specific data: the yuan's share of global reserves rose to 4.2% in Q2 2026, up from 2.8% a year ago, while the dollar share slipped to 57.5%. We discuss the implications for countries like Brazil and Saudi Arabia, which have signed swap lines with China. Lucas and Luna also examine what this means for investors in EEM and VWO, and how…
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