Browsing Tag
US DOLLAR
1706 posts
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…
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.…