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De-Dollarization

The much-speculated Chinese campaign to undermine the dollar by dumping Treasuries is a myth, expert says

Wed, 10/25/2023 - 06:06

china us flags — A US flag is tweaked ahead of a news conference.
JACQUELYN MARTIN/AFP/Getty Images

Markets, mi-exclusive, De-Dollarization, dedollarization, us-dollar, bond-market-crash, bond-yields

Currency traders are piling into bets against Israel's shekel following the Hamas attack

Thu, 10/19/2023 - 11:02

Palestinians entering Israel after taking down the fence on the Israel-Gaza border on October 7. — Israel's shekel has fallen nearly 5% against the dollar since Hamas attacked on October 7.
Hani Alshaer/Anadolu Agency/Getty Images

Markets, mi-exclusive, Markets, Currencies, Dollar, dollar-dominance, De-Dollarization

The 'blue dollar' is booming: Argentina's lust for the buck pushed its black-market rate up 60,000% since peso parity ended in 2002

Thu, 10/19/2023 - 06:37

Argentina peso/dollar — US dollar and Argentine peso notes.
Nora Mazzini

Markets, mi-exclusive, Markets, dollar-dominance, us-dollar, Argentina, argentina-inflation

Egypt issues Chinese yuan-denominated panda bonds for the first time, getting lower rate than dollar-based debt

Tue, 10/17/2023 - 12:09

Tech Insider : Economy

xi jinping sisi china egypt — Egypt's President Abdel Fattah al-Sisi (L) greets Chinese President Xi Jinping (R) in 2014.
Greg Baker - Pool/Getty Images

Markets, mi-exclusive, De-Dollarization, chinese-yuan, Egypt, federal-debt, middle-east

Russia rolls out currency controls in a bid to revive the ruble, which has cratered against the dollar this year

Thu, 10/12/2023 - 07:07

Russia ruble ATM — Russia brought back some currency controls late Wednesday, in a bid to prop up the slumping ruble.
SOPA Images/Getty Images

Markets, mi-exclusive, Currencies, Russia, Ukraine, ukraine-war, Ruble

Don't worry about dedollarization – the yuan has a 'paltry' share of reserves, so the buck is going nowhere, RBC says

Tue, 10/10/2023 - 07:33

One Chinese yuan bill lying on top of a US dollar bill. — The Chinese yuan doesn't pose a credible threat to the US dollar, according to RBC.
Getty Images

Markets, mi-exclusive, Markets, Currencies, us-dollar, De-Dollarization, dollar-dominance

Elite investor Jim Rogers rings the alarm on US debt and dollar dominance - and warns of bubbles in stocks and real estate

Tue, 10/10/2023 - 06:39

Jim Rogers, Bow Tie — Jim Rogers.
Business Insider Video

Markets, mi-exclusive, Markets, Stocks, Commodities, real-estate, Bonds

Iraq is set to fuel de-dollarization by banning the buck from being used in cash transactions, report says

Fri, 10/06/2023 - 04:22

FILE PHOTO: A picture illustration shows a 100 Dollar banknote laying on one Dollar banknotes, taken in Warsaw, January 13, 2011. REUTERS/Kacper Pempel/File Photo — Iraq is set to become the latest country to join the de-dollarization drive, according to Reuters.
Reuters

Markets, mi-exclusive, Markets, Currencies, us-dollar, De-Dollarization, dollar-dominance

Russia is using China's yuan to settle 25% of its trade with the rest of the world, report says

Thu, 09/28/2023 - 07:38

Russian President Vladimir Putin and Chinese President Xi Jinping attend a reception at the Kremlin in Moscow, Russia March 21, 2023. — Vladimir Putin and Xi Jinping attending a reception at the Kremlin in March.
Sputnik/Pavel Byrkin/Kremlin via REUTERS

Markets, mi-exclusive, Markets, De-Dollarization, dedollarization, us-dollar, china-yuan

Dollarization would eliminate Argentina's future inflation risk, former IMF board member says

Fri, 09/22/2023 - 12:07

Tech Insider : Economy

Argentine peso/dollar — AGUSTIN MARCARIAN/Reuters

Markets, mi-exclusive, Argentina, IMF, De-Dollarization, Dollars, Hyperinflation

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