China's Dedollarization Ambitions Face 5 Big Obstacles
Obstacles include China's capital controls and the longstanding popularity and use of the US dollar, one scholar says.
Source: businessinsider.com
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Why Pakistan's rupee has soared the most against the US dollar among global currencies
The rupee gained 8% from a record low in September, as Pakistan's government launched a crackdown on illegal dollar trade in the country.
Source: yahoo.com
Rupee in race to become world's reserve currency; Watch US dollars dominance and decline in last 100 years
The US economy is showing signs of slowing down, with other economies - especially China and India - catching up fast. Additionally, increased trade wars and sanctions by the US have accentuated the search for a new trade mechanism other than US Dollar. Rupee is in the race to become world’s reserve currency. Watch this Visual Story to see US dollar's dominance and decline in the last 100 years.
Source: businesstoday.in
Weaponizing Dollar Boomeranged on US, Says French Analyst
Over the past decades, countries worldwide have become more willing to reject dollar transactions in their foreign trade settlements. Russia has shifted to... 04.04.2023, Sputnik International
Source: sputnikglobe.com
Weaponizing Dollar Boomeranged on US, Says French Analyst
Over the past decades, countries worldwide have become more willing to reject dollar transactions in their foreign trade settlements. Russia has shifted to... 04.04.2023, Sputnik International
Source: sputniknews.com