US Dollar Wrecking Havoc on Local Currencies
The joke’s on the BRICS de-dollarization agenda as the US dollar is wreaking havoc on their respective local currencies. Forget...
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Will BRICS Digital Currency Replace the Pretrodollar
The 50-year petrodollar agreement with Saudi Arabia to use the US dollar for oil payments ended in June 2024. With...
China’s yuan, central bank performing well under stress, but US Fed rates adding to pressures
Prolonged high interest rates in the United States could introduce uncertainty to the monetary policy outlook of emerging economies, the...
US Dollar Pushes Japanese Yen Fall To 4-Decade Low
Japan’s yen has plummeted to a 40-year low. This is an unprecedented situation that will affect the major currencies from...
Indian Rupee Most Stable Currency Against US Dollar in 2024
The US dollar is wreaking havoc against local currencies in 2024. The USD outperformed 22 out of 23 Asian currencies...
Stability Emerging in Cuba’s Informal Currency Market?
The recent behavior of the informal currency market in Cuba shows signs of emerging stability in the exchange rates of...
Major U.S. Sector To Be Affected If BRICS Ditches the Dollar
The BRICS alliance is looking to launch a gold-backed currency to topple the U.S. dollar. The announcement about the formation...
Asian currencies set to end 1H in red – Business & Finance
BENGALURU: Most Asian currencies and stocks held their ground on Friday ahead of key US inflation data, but were on...
Asian currencies set to end 1H in red – Business & Finance
BENGALURU: Most Asian currencies and stocks held their ground on Friday ahead of key US inflation data, but were on...
How will India’s new automated currency exchange rate module help traders?
Image credit: Getty Images India is upgrading its currency trade operations with the launch of the Exchange Rate Automation Module...
