Rupee falls to record low hurt by likely outflows, importer dollar demand
By Jaspreet KalraMUMBAI (Reuters) -The Indian rupee fell to a record low on Thursday, pressured by likely outflows and strong...
archiveChinese Yuan
Which Currency Is Realistically Stronger?
The Chinese yuan has been looking to overtake the US dollar as the world’s reserve currency for over a decade....
Most Asian currencies slip on recession spectre, oil hits Indian rupee
A customer hands a 50-Indian rupee note to an attendant at a fuel station in AhmedabadBy Rashmi Ashok(Reuters) - Most...
Maldives says India and China agree to use local currencies for imports – Firstpost
The Maldives said Wednesday that India and China have agreed to cooperate in facilitating payments for imports in their respective...
De-Dollarization: 3 Reasons Why the Dollar Can’t Be Dethroned
De-dollarization efforts won't do much to dethrone the dollar, Morgan Stanley said. There are no true alternatives to holding the...
The US Dollar Surges Against Global Currencies: What’s Happening? The US Dollar Surges Against Global Currencies: What’s Happening?
The currency wars are now intensifying as the US dollar surges against global markets, and their “moolahs” are now becoming...
U.S. Dollar Batters 22 Asian Currencies in a Row
The DXY index, which measures the performance of the U.S. dollar shows the currency hovering around the 106 price range....
Local Currencies Bow to the Mighty US Dollar in 2024
The dreams of a de-dollarization world kick-started by developing countries in 2024 remain just that, a dream. The US dollar outperformed all local...
What De-Dollarization? US Dollar Bulldozes BRICS Currencies
The BRICS alliance kick-started the de-dollarization agenda to pull the US dollar down from the global reserve status and replace...
Where’s De-Dollarization? US Dollar Hammers Other Currencies in 2024
A handful of developing countries in Asia, Africa, and Latin America launched de-dollarization initiatives hoping to pull the US dollar...
