Browsing Tag
Local Currency
50 posts
BRICS: 12 Countries Ditch US Dollar, Pay 85% Trade in Local Currencies
After BRICS, a new alliance has kick-started the de-dollarization process and is using local currencies for trade and…
Malaysia’s Local Currency Ringgit Outperforms the US Dollar
The forex markets are throwing surprises in October, as Malaysia’s local currency, the ringgit, outperformed the US dollar…
BRICS: India To Accept Local Currencies For Trade, Sideline US Dollar
BRICS member India may consider accepting local currencies for trade and sideline the US dollar only if they…
BRICS: Local Currencies Knock-Out the U.S. Dollar This Week
The U.S. dollar is facing stiff competition from local currencies this week taking the top spot in the…
U.S. Dollar Falls To New Lows as Local Currencies Rise
The U.S. dollar has fallen to a new monthly low as local currencies climbed up the charts this…
US Dollar’s Biggest Jump Sends Local Currencies Sliding
The US dollar is showing no mercy to local currencies and making them slide to new yearly lows.…
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…