archiveUS Dollar

BRICS member India may consider accepting local currencies for trade and sideline the US dollar only if they are ‘non-binding’,...

The Reserve Bank of India has been actively intervening in the market, consistently absorbing inflows. (Photo: Shutterstock)2 min read Last...

The dollar-rupee 1-year forward premium rose to a peak of 2.14 per cent. | Photo: Shutterstock2 min read Last Updated...

Meanwhile, peers Brazilian real, Thai baht, Indonesian rupiah and Malaysian ringgit have climbed about 5% Image: Bloomberg2 min read Last...

At the interbank foreign exchange market, the local unit opened at 83.83 and then gained ground and touched 83.80, registering...

Singapore’s dollar advanced to its strongest in almost a decade as traders weighed the difference between the local monetary authority’s...

The African nation Ghana is looking to back its local currency, the Cedi with gold. Ghana’s Vice President Mahamudu Bawumia...

The way in which, for example, the Biden administration has weaponised the dollar as an instrument of economic sanctions is...

Swift payment data is a major indicator for the relative status of international currencies. Other metrics include frequency of use...

Inspired by the BRICS de-dollarization agenda, Zimbabwe launched a new gold-backed currency, the ZIG, early this year to take on...