Browsing Tag
US DOLLAR
1700 posts
Only 35% of Trade Among BRICS Countries Settled in the US Dollar
The BRICS alliance has taken its de-dollarization agenda quite seriously since 2022 and has begun using local currencies…
The US Dollar Appeared in 89.2% of All Currency Trades in 2025
The use of the US dollar for cross-border transactions is on the rise, despite developing countries advancing de-dollarization…
China Takes Aim at the US Dollar With Next-Gen Digital Payments
China is building a digital payment infrastructure specifically designed to facilitate cross-border trade without touching the US dollar…
Re-Dollarization: Businesses Retain 98% of Their Earnings in the US Dollar
The world is slowly moving toward re-dollarization and toward accepting the US dollar as the most important currency.…
Libya Turns to China’s Payment System to Cut US Dollar Dependence
Libya is taking China’s assistance to cut its US dollar dependence and is rewiring trade deals with the…
Re-Dollarization Gains Steam: The World is Coming Back to the US Dollar
Re-dollarization is gaining steam as several countries and businesses are coming back to the US dollar for trade…
America Caught in a Myth That De-Dollarization Is No Longer a Threat
The US is now caught in a web of myth that de-dollarization is not a threat and is…
India Replaces US Dollar-Based FPI Registration Fees with the Rupee System
India’s stock market watchdog, the Securities and Exchange Board of India (SEBI), amended its Foreign Portfolio Investors (FPI)…
BRICS Not Working on a Unified Alternative International Currency
The BRICS alliance is not working towards the formation of a unified international currency, confirms Russian spokesman Dmitry…
Chinese Yuan Makes Inroads in Africa’s US Dollar-Dominated Trade
The Chinese yuan is steadily gaining ground in Africa, with the currency penetrating trade and commerce, which were…