Page 4 - De Dollarisation News Today

Egypt now seeks to use local currencies to pay for its imports from India, China, and Russia – key members of the BRICS

The dollars share of foreign exchange reserves has dropped significantly after the West froze Russias $330 billion in reserves last year for its invasion of Ukraine

Modi government through various policies is aiming to make India more resilient to external shocks and strengthen its negotiating capabilities in international trade , , De-dollarisation, india, indian economy, Economic trade, trade in rupee, russian government, indian government

LONDON -Signs of de-dollarisation are unfolding in the global economy, strategists at the biggest U.S. bank JPMorgan said ...

In China, interest rates offered by the banks on dollar deposits of $50,000 and above have been capped at 4.3 per cent

Geopolitics is forcing BRICS countries to balance respect for international law, self-determination, sovereignty and peaceful resolution of disputes with their friendly relations with Russia.

Cuban President Miguel Diaz-Canel has asked developing countries to dump the US dollar as it would set them free from Washingtons sanctions, blackmail, aggression, and slander

RELUNCTANTLY, I write about the US debt ceiling farce.

Was the timing of the recent China and the five Central Asian countries’ summit (C5) a mere coincidence? It took place almost simultaneously with the G7 event in Hiroshima, making similar headlines all over.

Sergey Lavrov said that Russia has many allies and like-minded friends who echo Moscow’s stance on reducing the prominence of US dollar