Browsing Tag
currency
88 posts
MEA Official Says BRICS Currency Trade Isn’t De-Dollarisation Move
BRICS currency trade initiatives serve as protection against geopolitical vulnerabilities, not global de-dollarisation, according to a senior MEA…
2 Countries Pay $50 Billion in Local Currency, Ditch US Dollar
Two countries in the Commonwealth of Independent States (CIS) have settled over $50 billion worth of trade in…
De-Dollarization Necessary: Unveiling The Risks Of A Strong US Dollar
De-dollarization has become necessary as strong dollar risks create mounting pressure across global markets. The US dollar recently…
BRICS Bank Plans To Disburse Loans in National Currencies
The New Development Bank (NDB) plans to disburse loans in national currencies to end dependency on the US…
New Currency Steals the US Dollar’s ‘Crown’ in 2025
In the latest development, Scandinavian crown currencies have emerged as star performers, outperforming the US dollar by 16.74%…
BRICS: Where Does the US Dollar Rank in the Top 12 Currency List?
BRICS countries are looking to push their local currencies into the top 12 currency list and surpass the…
Foreign Banks Dump US Dollars, Helps Rupee & Local Currencies Rise
The Indian rupee edged higher against the US dollar on Wednesday after foreign banks initiated mild sell-offs in…
BRICS: Why US Dollar Can’t Afford To Lose Reserve Currency Status
The US cannot afford to lose the dollar’s reserve currency status as the reaction would be devastating for…
JP Morgan: US Dollar Could Lose Reserve Currency Status in 40 Years
JP Morgan CEO Jamie Dimon has warned that the US dollar could lose its reserve currency status in…
Taiwan’s Currency Sees Biggest Surge Against the US Dollar in 40 Years
Taiwan’s currency experienced its biggest surge against the US dollar in May for the first time in almost…