Browsing Tag
Local Currency
34 posts
BRICS: Why Do Asian Countries Buy Oil With the U.S. Dollar?
Despite looking to cut ties with the U.S. dollar, BRICS and other Asian countries don’t pay local currencies…
BRICS: US Dollar Wrecking Havoc on Local Currencies
The joke’s on the BRICS de-dollarization agenda as the US dollar is wreaking havoc on their respective local…
US Dollar or Chinese Yuan: Which Currency Is Realistically Stronger?
The Chinese yuan has been looking to overtake the US dollar as the world’s reserve currency for over…
U.S. Dollar Nurses Losses After Asian Local Currencies Stabilize
The U.S. dollar nurses losses after leading local currencies in Asia stabilized during Monday’s opening bell. The DXY…
BRICS: India & China Agree To Ditch US Dollar For Imports
The government of Maldives confirmed that BRICS members India and China have agreed to accept local currencies for…
U.S. Dollar Gets Buyers Against Japanese Yen Despite the Dip
The USD fell below 105 after May’s PMI report was published by S&P Global last week. The DXY…
US Dollar: Analyst Calls De-Dollarization a ‘Bad Joke’
The de-dollarization initiative is taking over the world where a handful of developing countries are looking to stop…
BRICS: 2 Countries Use Local Currency For Imports, Ditch US Dollar
BRICS countries India and China agreed in the latest trade deal to use local currencies for import settlement…
10 ASEAN Countries To Ditch the U.S. Dollar
The Association of Southeast Asian Nations (ASEAN) countries are looking to promote local currencies for trade and ditch…
BRICS Pays $4,000,000,000 in Local Currency, Sidelines US Dollar
Russia purchased arms manufactured by its BRICS counterpart India by paying $4 billion in local currencies and not…