Browsing Tag
Local Currency
34 posts
This Local Currency Rises 12% Against the US Dollar
The US dollar outperformed all leading currencies this month including the Chinese Yuan, Japanese Yen, and the Indian…
US Dollar Walks Proud, Stands Tall Despite Local Currency Threats
The US dollar is trampling all local currencies around the world this month in April 2024. The DXY…
BRICS Bank To Raise $3 Billion in Local Currencies, Not US Dollar
In the latest move of strength to push the de-dollarization initiative, the BRICS bank announced it will raise…
BRICS: Russia & Iran End SWIFT, Start Bank Transfers in Local Currency
BRICS members Russia and Iran have officially abandoned the SWIFT payment system for cross-border transactions. The two countries…