Page 17 - De Dollarization News Today

The IMF managing director Kristalina Georgieva said Monday that a shift away from the US dollar is occurring, but that she does not see an alternative to the dollar as a world reserve currency in the foreseeable future.

"It is pretty hard to displace a reserve currency. It takes time. It's not something that happens gradually then suddenly," Ferguson said.

The Reserve Bank of Zimbabwe (RBZ) said it will launch gold-backed digital currency on 8 May

Insider's Phil Rosen interviews Eurizon SLJ economist and inventor of the dollar smile theory, Stephen Jen.

Data from China's State Administration of Foreign Exchange (SAFE) revealed that the Chinese yuan (CNY) surpassed the United States dollar (USD) as the most-used currency in China's [...]

Russian and Iranian officials recently met in Tehran to discuss ways in which both nations can weaken the American dollar. The Jerusalem Post broke the story about the meeting, which took place [...]

Argentina has joined Brazil to be the latest south-American nation to dump the dollar and trade in the Chinese yuan. Nations across the world, including India, are indulging in de-dollarisation – a push back against the American currency’s hegemony across the world

Countries that are joining China and Russia in their de-dollarization campaign could be "acting against their own self-interest," ...

Argentina will pay for Chinese imports in yuan instead of US dollars in order to preserve its dwindling foreign reserves, Economy Minister Sergio Massa said on Wednesday.

Commentary The divide of the world reignites the discussion of de-dollarization. As the U.S. dollar index depreciated from ...