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De-Dollarization

It's 'nonsense' to suggest sanctions hurt the dollar - USD dominance has sent 'tinpot dictators' scrambling for alternatives

Wed, 07/19/2023 - 04:59

Tech Insider

A staff member counts US dollar cash at a bank in Hai 'an, Jiangsu Province, China, Sept 5, 2022. — A staff member counts US dollar cash at a bank in Hai 'an, Jiangsu Province, China, Sept 5, 2022.
CFOTO/Future Publishing/Getty Images

Markets, MI Exclusive, US Dollar, Dollars, dollar movement, De-Dollarization, Greenback

From Warren Buffett to Paul Krugman, some of Wall Street's biggest names are shrugging off de-dollarization fears

Sat, 05/13/2023 - 05:45

Tech Insider

dollar — Some of Wall Street's biggest names aren't worried about the dollar losing its role as the dominant currency of international trade.
Murad Sezer/Reuters

Markets, MI Exclusive, Currencies, De-Dollarization, US Dollar, Warren Buffett, Paul Krugman

Dollar dominance is stronger because of sanctions, not weaker, says former Treasury official

Fri, 05/12/2023 - 10:28

Tech Insider : Economy

dollar inflation federal reserve — The US dollar hit 20-year highs this year.
NiseriN/Getty Images

Markets, MI Exclusive, Sanctions, Dollar dominance, China, Russia, economy

China's mounting such a strong attack on the dollar's dominance that it's paying for almost all of its Russian oil imports in the yuan

Thu, 05/11/2023 - 06:00

Tech Insider : Economy

Putin/Xi — Chinese President Xi Jinping and Russian President Vladimir Putin.
PAVEL BYRKIN/SPUTNIK/AFP via Getty Images

economy, International, China, Russia, US Dollar, Chinese yuan, De-Dollarization

Top commodity firm may start using China's yuan, potentially adding to de-dollarization trend

Tue, 05/09/2023 - 13:26

Tech Insider : Economy

The yuan is gaining strength and climbing the ranks of the world's most regularly traded currencies. — Getty Images

Markets, MI Exclusive, Yuan, brazil, Dollar dominance, China, economy

King dollar will continue to reign supreme for 3 key reasons despite rising talk of de-dollarization

Tue, 05/09/2023 - 11:20

Tech Insider

US dollar printing — The dollar is the most important currency in the world.
EVA HAMBACH/Getty Images

Markets, MI Exclusive, US Dollar, Currency, Chinese yuan, De-Dollarization, finance

China's yuan is emerging as a strong challenger to the dollar's dominance. Here are 5 countries that recently turned to the yuan instead of the USD for trade.

Mon, 05/08/2023 - 21:02

Tech Insider : Economy

yuan dollar — The Chinese yuan's share in international transactions is increasing.
China Photos/Getty Images

economy, Markets, US Dollar, Chinese yuan, De-Dollarization, News, Russia

Warren Buffett and Charlie Munger warned a banking crisis is possible, AI may be dangerous, and government overspending will end badly. Here are their 18 best quotes from Berkshire Hathaway's annual meeting.

Sun, 05/07/2023 - 18:36

Tech Insider

GettyImages 1140985597 — Warren Buffett (left) and Charlie Munger.
JOHANNES EISELE/AFP via Getty Images

Markets, MI Exclusive, Stocks, Warren Buffett, Berkshire Hathaway, Berkshire Hathaway Annual Meeting 2023, Charlie Munger

Warren Buffett shrugs off de-dollarization fears but warns excessive government spending may have serious fallout

Sat, 05/06/2023 - 15:30

Tech Insider

warren buffett — Warren Buffett.
Bill Pugliano / Getty

Markets, MI Exclusive, Currencies, US Dollar, De-Dollarization, Inflation, Greenback

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

Sat, 05/06/2023 - 08:15

Tech Insider

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

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