Page 18 - De Dollarization News Today

The BRICS nations have been mulling creating a new currency to facilitate overseas trade

Former president Donald Trump warned that the U.S. currency was crashing and wouldn't be the world standard any ...

Argentinas shift to yuan in trade with China reflects growing trend driven by "toxicity" of the US dollar, analyst told Sputnik.

Russian Foreign Minister Sergey Lavrov held a Tuesday conference after chairing a UNSC meeting, speaking to reporters on the Black Sea grain deal and the Wests sanctions campaign against Russia, among other hot-button issues.

Here's what you need to know about the anti-dollar movement – and whether it's really a threat to the buck's dominance.

Indonesia has already started trading in its local currency with a host of countries including Thailand, Malaysia, China and Japan

Dollar saw 8% decline in 2022 in one year, equivalent to 10 times the average annual pace of erosion in the USD’s market share in the prior years

The abuse of the dollar's status as the international reserve currency by the United States and the losses other economies suffer due to the dollar’s wild fluctuations and US economic sanctions are prompting more and more countries to seek countermeasures, by using their domestic currencies to settle trade payments, thus triggering what could be the de-dollarization of the global economy. Four experts share their views on the issue with China Daily.

India finally joins hands with Bangladesh to do cross-border trade in their own currencies, the Indian rupee (INR) and the Bangladeshi taka (BDT), making Bangladesh the nineteenth country to ditch the US dollar.

A delegation of Indias central bank - Reserve Bank of India (RBI) - and SBI visited Bangladeshs capital Dhaka in April to discuss and finalise settling trade in INR and taka