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July 7, 2023
Unrest in the French streets is augmented by Western military weapons that have migrated from the conflict zone.
July 7, 2023
The USD is still by far the world's most dominant currency, accounting for almost 90% of global foreign currency transactions.
July 7, 2023
The creation of a new common currency will be one of the main questions on the agenda at the BRICS summit in South Africa in August. But there are still many obstacles to overcome before breaking free from the almighty dollar.
July 7, 2023
US Treasury Secretary Janet Yellen during her four-day trip to China highlights the complexity of the decoupling of US and Chinese economies underscoring it would risk destabilizing global economies thus making it "virtually impossible".
July 3, 2023
Argentina is facing a drastic shortage in the US dollar. The local currency peso has fallen nearly 80% against the greenback since the start of 2020.
July 3, 2023
Argentina is facing a drastic shortage in the US dollar. The local currency peso has fallen nearly 80% against the greenback since the start of 2020.
June 26, 2023
Brazilian President Luiz Inácio Lula da Silva revealed the nations plan to raise the issue of de-dollarization at the next meeting of BRICS.
June 26, 2023
The US Treasury chief backed the US currency's crucial role in international trade even as several countries cook up challenges to its dominance.
June 21, 2023
The Asian Monetary Fund is an idea which was initially set forth by Japan during the 1997 Asian financial crisis and was never implemented.
June 13, 2023
Egypt now seeks to use local currencies to pay for its imports from India, China, and Russia – key members of the BRICS