CurrenciesChinese yuan use up 21.1% in cross-border trade as Beijing pushes global role for currency2 months agoUse of the Chinese currency for cross-border trade rose by more than a fifth in the first eight months as...
CurrenciesThe changing role of the US dollar3 months agoThe U.S. dollar is the world’s dominant currency. However, amid rising geopolitical fragmentation, conflicts over international trade and finance, and...
CurrenciesThe biggest threat to dollar dominance is the US economy itself, top economists warn9 months agoUS CapitolDouglas Rissing/Getty Images/iStockThe biggest threat to dollar dominance is the US itself, two top economists said.That's due to the...
CurrenciesU.S. dollar little changed ahead of BOJ, ECB meetings10 months agoJapan's yen moved away from Friday's 148.80 per U.S. dollar, its weakest in a month, to as firm as 147.61,...
CurrenciesBRICS countries could swing an ‘economic wrecking ball’ at dollar dominance even without a shared trade currency, former White House economist says11 months agoDaniel Grizelj/Getty ImagesBRICS countries could swing an "economic wrecking ball" at the dollar, a former White House economist says.The bloc...
CurrenciesBRICS Could Swing ‘Economic Wrecking Ball’ at the Dollar11 months agoBRICS countries could swing an "economic wrecking ball" at the dollar, a former White House economist says. The bloc has...
CurrenciesDollar dumped? India buys 1M barrels of UAE oil using rupees instead of USD for the first time — why this could be the beginning of the end for the greenback1 year agoDollar dumped? India buys 1M barrels of UAE oil using rupees instead of USD for the first time — why...
Currencies6 New Threats to the Greenback’s Reign2 years agoThe dollar's supremacy in global trade faces fresh challenges as several countries float plans to use local currencies in commerce. ...
CurrenciesCould China’s Yuan replace the US dollar as the world’s dominant currency? How the Asian nation’s trade supremacy is quickly boosting its reserve status2 years agoCould China’s Yuan replace the US dollar as the world's dominant currency? How the Asian nation's trade supremacy is quickly...