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BRICS countries could swing an 'economic wrecking ball' at dollar dominance even without a shared trade currency, former White House economist says

Fri, 11/03/2023 - 16:02

Money getting shredded — Daniel Grizelj/Getty Images

Markets, mi-exclusive, De-Dollarization, dollar-dominance, us-dollar, USD, Greenback

The de-dollarization drive is spreading wider - Indonesia is the latest nation to join the anti-buck movement

Wed, 09/20/2023 - 11:57

US dollar — SimpleImages

Markets, mi-exclusive, Markets, De-Dollarization, us-dollar, Indonesia, dedollarization

Argentina can dollarize without dollars, says economist who made the switch before

Wed, 09/13/2023 - 14:06

Tech Insider : Economy

Argentine peso/dollar — AGUSTIN MARCARIAN/Reuters

Markets, mi-exclusive, Argentina, Peso, Dollars, Greenback, presidential-election

India just ditched the dollar and used its own currency to buy a million barrels of oil from the UAE

Wed, 08/16/2023 - 15:42

A man counts Indian rupee banknotes in Varanasi, Uttar Pradesh, India. — A man counts Indian rupee banknotes in Varanasi, Uttar Pradesh, India.
Dhiraj Singh/Bloomberg

Markets, MI Exclusive, Rupee, Dollar, dedollarization, dollar war, Greenback

An $11 trillion wealth wipeout has set the world back for the first time since 2008, thanks to a trifecta of high inflation, interest rates, and currency declines

Wed, 08/16/2023 - 06:14

Tech Insider : Economy

FILE PHOTO - U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration — U.S. dollar notes are seen in this picture illustration
Reuters

economy, Global Economy, global wealth, Billionaires, Millionaires, ubs, UBS research

The dollar's troubles are far from over - expect a slump toward 2020 lows, a Societe Generale analyst says

Wed, 07/19/2023 - 10:58

dollar bills — Reuters/Beawiharta

Markets, MI Exclusive, US dollar index, Dollars, Greenback, Currency, Forex

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

Wed, 07/19/2023 - 04:59

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

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

Sat, 05/06/2023 - 15:30

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

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

Here's why it'll be hard for the yuan to replace the dollar even in the next 20 years, according Stanford historian Niall Ferguson

Tue, 05/02/2023 - 09:55

Dollar vs. Yuan — Dollar vs. Yuan
ByoungJoo/Getty Images

Markets, MI Exclusive, De-Dollarization, Dollar dominance, dollar vs. yuan, US Dollar, China currency yuan

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