de-dollarization
Zimbabwe says de-dollarization is going to be BRICS’ undoing
As 2024 marches on, the BRICS alliance, with its grand plan to kick … More…
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Report: Turkey Exits From Foreign Exchange Protected Deposit Program
On Jan. 1 Turkey ended its two-year-old foreign exchange (FX)—protected… More…
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India’s De-Dollarization Push Flounders as Oil Suppliers Cite Rupee Repatriation Concerns
The Indian Oil Ministry recently acknowledged that the country’s… More…
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Economist Steve Hanke: US Dollar Weaponization Has Powered Record Central Bank Gold Purchases
Steve Hanke, professor of applied economics at Johns Hopkins University,… More…
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Russia’s Yuan Shift: EBRD Economist Warns of Waning US Dollar Dominance
In a recent interview, the European Bank for Reconstruction and Development’s… More…
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Economist Peter Schiff Warns of ‘Massive Crisis’ and a Rush to Exit US Dollar
Economist Peter Schiff has warned of “a rush” to get … More…
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Dollar Share in Reserves Drops Below 60%, Yuan Rises, Russian Diplomat Says
The share of currencies other than the U.S. dollar and the euro in international… More…
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Chinese Yuan Not Ready to Topple US Dollar as World Reserve Currency, Says Strategist
A global macro strategist has explained that the Chinese yuan is unlikely… More…
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Brazil Proposes Plan to Settle Bilateral Trade With Argentina in Chinese Yuan
The government of Brazil has formally presented a proposal to Argentina… More…
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Brazil Proposes Plan to Settle Bilateral Trade With Argentina in Chinese Yuan
The government of Brazil has formally presented a proposal to Argentina… More…
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