CurrenciesChinese Yuan Can’t Replace US Dollar as Global Reserve Currency7 months agoBRICS member China is looking to make the Chinese yuan the world’s reserve currency by toppling the US dollar. China...
CurrenciesThe US Dollar Might Not Remain Universal Currency8 months ago‘The sun never sets on the British empire’ they proudly proclaimed during the late 1800s and early 1900s. The United...
CurrenciesU.S. Dollar in World Reserves Fall Below 60%8 months agoThe Central Banks of the majority of developing countries are now diversifying their allocations with gold and other local currencies....
CurrenciesDe-dollarization the path to global financial freedom8 months agoEconomic and financial sanctions often backfire. The most notable example is the weaponization of the dollar against Russia. The measure...
CurrenciesBrics+ reserve currency: Alternative or non-starter for Africa?8 months agoBy CHRIS ERASMUS The Brics+ geopolitical alignment has recently emerged as one route away from what is seen is as...
CurrenciesGold-Backed Currency is Beginning of the End for US Dollar8 months agoThe BRICS alliance has made significant strides over the past two years in its mission to dethrone the US Dollar....
CurrenciesBRICS Considers Payments in National Currencies8 months agoThe BRICS alliance is moving all its cards to place national currencies ahead of the US dollar for global trade....
CurrenciesUS Dollar Shows No Mercy To BRICS Nations’ Currencies8 months agoThe US dollar is showing no mercy to BRICS and the de-dollarization agenda, as it sent leading BRICS currencies sliding...
CurrenciesSanctions Turning Chinese Yuan as Main Currency, Not US Dollar8 months agoUS Treasury Secretary Janet Yellen confirmed that sanctions led to BRICS kick-start the global de-dollarization initiatives. The US pressed sanctions...
CurrenciesMiddle East Investors Eye Chinese Currency Assets As Ties Deepen8 months agoAssets denominated in Chinese yuan have attracted growing interest from Middle East investors. ... (FREDERIC J. BROWN/AFP via Getty Images)AFP...