Financial markets are reacting swiftly to political changes in the US.The British pound has declined by 1.4% against the US…
Browsing: US dollar
Zimbabwe introduced the ZIG currency, backed by gold, to reduce reliance on the US dollar. Initially successful, ZIG saw a…
Former Goldman Sachs economist Jim O’Neill, known for coining ‘BRICS’, reflects on the future of a unified currency. His insights…
The unveiling of a mock-up banknote at the recent BRICS summit has raised questions about its potential impact on the…
The BRICS alliance is making waves in global finance by directly challenging the US dollar’s dominance in international trade.This move…
Russia is strategically pioneering a shift away from the US dollar dominance in its trade mechanisms. This initiative, introduced at…
In a rapidly evolving financial landscape, global alliances are questioning the supremacy of the US dollar.The BRICS nations are at…
The global financial landscape is witnessing a profound shift as de-dollarization gains momentum.Countries worldwide are actively seeking alternatives to the…
ASEAN nations are quietly but decisively preparing to move away from the US dollar, focusing instead on local currencies. As…
BRICS nations are spearheading a shift in global oil trade by settling 78% of transactions in local currencies. This move…