Browsing Tag
Local Currency
51 posts
Currency: What To Expect From the U.S. Dollar This Week?
The currency market is geared up for a string of developments this week that challenges the U.S. dollar’s…
BRICS: 2 New Countries Agree To Ditch US Dollar
BRICS is convincing other developing countries to use local currencies and ditch the US dollar for global trade.…
BRICS: 11 Currencies Dip Against the US Dollar
The US dollar is hammering its way to the top outperforming every leading currency in the world, including…
U.S. Dollar Batters 22 Asian Currencies in a Row
The DXY index, which measures the performance of the U.S. dollar shows the currency hovering around the 106…
BRICS Conducts $260 Billion Worth Trade Without the US Dollar
BRICS is advancing to eliminate the US dollar in all of its global trade and transactions in 2024.…
BRICS: Another Country to Ditch US Dollar & Pay Local Currency
The BRICS alliance is forming new trade agreements where the usage of local currencies will be prioritized over…
Local Currencies Bow to the Mighty US Dollar in 2024
The dreams of a de-dollarization world kick-started by developing countries in 2024 remain just that, a dream. The…
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…