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RM58bil trade done in ringgit, says Anwar - Vimarsana News

RM58bil trade done in ringgit, says Anwar

KUALA LUMPUR: About RM58bil of Malaysia’s trade with three trading partners is transacted in ringgit, said Datuk Seri Anwar Ibrahim.

Indonesia launches de-dollarisation task force - Vimarsana News

Indonesia launches de-dollarisation task force

Regulatory incentives could be on the way for commercial banks to help develop their local currency trading and settlement infrastructure.

China Getting Rid of Treasuries, Citing Looming Recession & Political Instability in US - Vimarsana News

China Getting Rid of Treasuries, Citing Looming Recession & Political Instability in US

China dropping US Treasury bonds is a long-term strategy prompted by uncertainty surrounding the US’ economic prospects, monetary policies, and political instability, per the Chinese press.

Building Brics: Kenya and the new world order - Vimarsana News

Building Brics: Kenya and the new world order

At the Brics Summit in South Africa, members made calls for changes to the World Bank and the International Monetary Fund.

'Forget Brics currency' - Vimarsana News

'Forget Brics currency'

De-dollarisation 'desirable' but a substitute currency is a long way off