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Currency Wars

Russia says it will halt foreign currency purchases and launch a digital ruble to keep the currency from spiraling further

Thu, 08/10/2023 - 12:01

Putin — Russian President Vladimir Putin
Pavel Golovkin/AP Photo

Markets, Russian Economy, Russia, russia ukraine war, Ruble, Russian Ruble, Currency Wars

'Rich Dad Poor Dad' author Robert Kiyosaki says there's one event looming in coming weeks that will accelerate de-dollarization of the global economy

Fri, 07/28/2023 - 10:30

Tech Insider : Economy

The Rich Dad Channel/YouTube

Markets, Robert Kiyosaki, Rich Dad Poor Dad, Dollar dominance, De-Dollarization, US Dollar, dollar war

Dollar dominance isn't going anywhere. Here are 5 myths about de-dollarization.

Sat, 05/06/2023 - 08:15

dollar yuan — A 100 yuan banknote (R) is placed next to $100 banknotes in this picture illustration taken in Beijing Nov. 1, 2010.
Reuters/Petar Kujundzic

Markets, MI Exclusive, De-Dollarization, Dollar dominance, US Dollar, dollar vs. yuan, Currency Wars

Russia says there's a problem with billions of rupees it has in India that need to be converted

Fri, 05/05/2023 - 13:44

Tech Insider : Economy

India Rupee Man — A worker at a fuel station checks a 500 Indian rupee note after filing a vehicle with fuel in Kolkata February 3, 2011.
REUTERS/Rupak De Chowdhuri

Markets, MI Exclusive, Rupee, Russia, Sanctions, Trade Surplus, Currency

The yuan is not a threat to the US dollar because China is not a predictable or reliable market, former Treasury Secretary Larry Summers says

Mon, 04/24/2023 - 15:02

Larry Summers — Lawrence Summers.
Chip Somodevilla/Getty Images

Markets, MI Exclusive, Dollar dominance, US Dollar, China currency yuan, Yuan, Currency Wars

Bangladesh to pay Russia $300 million in Chinese yuan for a nuclear plant loan

Fri, 04/21/2023 - 11:31

Dollar vs. Yuan — AlexSava/Getty Images

Markets, MI Exclusive, Yuan, Dollar dominance, Russia, Energy Security, China currency

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