Browsing Tag
currency
32 posts
BRICS: 2 Countries Officially Abandon the US Dollar for Trade
BRICS members Russia and Iran announced that they have officially abandoned the US dollar for trade between the…
US Dollar vs Chinese Yuan: Trump To Start a Currency War?
President-elect Donald Trump vowed during the campaign trail that enemies of the US dollar will face severe trade…
Currency: What’s Happening Between The US Dollar And Canadian Dollar?
The Canadian dollar has plunged below its usual price radar, plummeting to hit the four-year low against the…
De-Dollarization in 2024: What Happens If the U.S. Dollar Loses Its Reserve Status?
De-dollarization presents a serious threat to the U.S. economy. If the dollar loses its top currency status, the…
Currency: US Dollar Pushes the Indian Rupee Further Down
The Indian rupee is on a downward trend in the currency market against the US dollar. The INR…
U.S. Dollar Falls 11.5% Against the Thai Baht
The strengthening of the Thai Baht against the U.S. dollar is no good news and is raising concerns…
Currency: Trump Presidency Could Make the US Dollar Stronger
Leading investment bank UBS remains bullish on the US dollar currency if Donald Trump wins the presidency in…
Currency: Russia Imports $30 Million in US Dollar and Euro
Russia has imported more than $29 million in the US dollar and Euro currency from Rwanda this year.…
Kenya Shilling Depreciation: A Recent Economic Shift
The Kenya shilling depreciation has become an important issue in the nation’s economic landscape. Recent data from the…
Currency: Foreign Countries Dump Euro From Their Reserves
The world’s second-biggest currency, the Euro declined by 1% in central bank reserves from developing countries. The latest…