Short-term sugar high: rupee drop boosts Indian IT, but storm clouds gather
Currency-driven relief is tempered by growing macroeconomic uncertainty The recent depreciation of the Indian rupee against the US dollar is...
archivedollar
Dollar hits new highs after levies raised for some countries
The dollar headed for its strongest weekly performance in almost three years against other major currencies, maintaining momentum on Friday...
Is America Falling Behind? –
by BLACK ENTERPRISE Editors July 28, 2025 The U.S. dollar has long been the undisputed heavyweight champion of global finance....
JPMorgan Chase Warns De-Dollarization Underway As Central Banks Ditch USD, Aggressively Stockpile Gold
JPMorgan Chase warns de-dollarization is accelerating, as central banks slash USD reserves while aggressively stockpiling gold. In a new note,...
Could foreign currencies challenge the dominance of the dollar?
Lee Mielke | Farmers' AdvanceThe US dollar suffers its worst start to the year since 1973Just seven months into 2025,...
India’s forex reserves rebound to $702.78 billion after previous week’s dip
India's foreign exchange reserves (forex) witnessed an uptick of $4.8 billion to $702.78 billion for the week ending June 27,...
US dollar has worst first half in more than 50 years amid Trump tariffs
WASHINGTON: The US dollar has had its worst first half-year in more than 50 years, as the financial markets over...
Emerging Asia turns away from dollar as confidence in US fades – Firstpost
The US dollar, long considered the cornerstone of international finance, appears to be losing its lustre in Asia, as countries...
Good time for Asian currencies as US dollar suffers worst slump since 1973 – Firstpost
The US dollar has recorded its steepest half-year drop since 1973, plunging 10.7 per cent in the first half of...
BRICS nations’ interest in national currency trade is not de-dollarisation: MEA official
The US dollar will continue to exist in the global trade, said the official | Photo Credit: SUKREE SUKPLANG BRICS nations will work on increasing their understanding of the importance of having an alternative mechanism to do trade in national currencies to protect against geopolitical vulnerabilities, but the process is not the same as de-dollarisation, a senior MEA official has said “The dollar (US) will continue to exist in the global trade. It’s the most dominant currency. I don’t think there’s a competition there. It’s just that countries will look for...