Browsing Tag
US DOLLAR
1709 posts
Has BRICS Officially Abandoned De-Dollarization?
While Russia and China are sending mixed signals about the usage of the US dollar in cross-border transactions,…
BRICS Not Opposed To the US Dollar, Confirms Diplomat
Russian Ambassador to India Denis Alipov confirmed at the NDTV Defense Summit that the BRICS alliance is not…
US Dollar Unshakable, Rises To 89% in the Forex Market
The US dollar remains unshakable, as the latest data from the Bank for International Settlements (BIS) shows the…
China & Egypt Agree To Settle in Local Currency, Move Away From US Dollar
China and Egypt have officially agreed to settle cross-border transactions in local currencies and move away from the…
2 Biggest Enemies of the US Dollar in 2026
The US dollar has remained at the top of the charts for several decades, and being at the…
De-Dollarization Is Not Over, Warns Chief Economist at CICC
The recent rise in the US dollar’s share of global foreign exchange does not imply that de-dollarization is…
$1 Now Costs 2 Million Rials in Iran, See What It Can Buy
A simple $1 now costs 2 million rials in Iran, as the local currency has fallen to an…
Harvard Economist Explains How US Sanctions Strengthen De-Dollarization
Kenneth Rogoff, the American economist and Professor at Harvard University in Cambridge, Massachusetts, explained in a recent interview…
Silver and Gold Silver Surge as Dollar Weakness Fuels Precious Metals Rally
Silver price today sits at $69.19 an ounce, up 0.4% on the day, and it is climbing right…
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…