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Elon Musk warns against weaponizing currencies as the de-dollarization movement takes hold

Tue, 04/25/2023 - 07:32

A man holds up dollar bills in a money exchange office in Istanbul, Turkey. — A man holds up dollar bills in a money exchange office in Istanbul, Turkey.
YASIN AKGUL/AFP via Getty Images

Markets, MI Exclusive, Dollar, US Dollar, Currencies, India, China

The dollar's dominance as a reserve currency eroded last year at 10 times the pace seen in the past 2 decades

Mon, 04/17/2023 - 12:54

dollar — dollar
SOPA images

Markets, MI Exclusive, Dollar, Dollar dominance, US Dollar, Currency, Central Bank

Nobel economist Paul Krugman says there's no real risk to the dollar - unless the US defaults on its debt

Mon, 04/17/2023 - 10:34

Paul Krugman — Princeton economics and international affairs professor Paul Krugman listens during his introduction as the 2008 Nobel prize winner in economics at a new conference on the campus of Princeton University in Princeton, New Jersey.
Reuters/Tim Shaffer

Markets, MI Exclusive, Paul Krugman, Dollar dominance, US Dollar, Yuan, China

Here's why experts say Russia and China's attempts to 'de-dollarize' global markets are going nowhere

Sun, 03/05/2023 - 08:15

Vladimir Putin Xi Jinping — Russia and China have deepened ties since the invasion of Ukraine.
ALEXEI DRUZHININ/Getty Images

Markets, MI Exclusive, Dollar dominance, Reverse Currency War, Russia, China, US Dollar

Russia's growing use of China's yuan is no threat to the dollar, and it could end up hurting Moscow's economy, think tank says

Wed, 02/08/2023 - 12:59

Russia Vladimir Putin China Xi Jinping BRICS — Chinese President Xi Jinping with Russian President Vladimir Putin.
REUTERS/Wu Hong/Pool

Markets, MI Exclusive, Dollar dominance, US Dollar, Russia, China, Greenback

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