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Dedollarization suffers a blow as the greenback's share in global payments hits a record high

Thu, 08/24/2023 - 06:42

An employee of a bank counts US dollar notes at a branch in Hanoi, Vietnam May 16, 2016. REUTERS/Kham — An employee of a bank counts US dollar notes at a branch in Hanoi
Thomson Reuters

Markets, mi-exclusive, Markets, Dollar, dedollarization, swift, Currency

Brazil proposes yuan guarantees in trade with Argentina amid dollar shortage

Wed, 08/23/2023 - 16:22

Tech Insider : Economy

One Chinese yuan bill lying on top of a US dollar bill. — One Chinese yuan bill lying on top of a US dollar bill.
Getty Images

Markets, mi-exclusive, Yuan, brazil, Argentina, Trade, BRICS

China's Xi Jinping unexpectedly skipped a speech at a BRICS summit aimed at challenging dollar dominance

Wed, 08/23/2023 - 16:22

Xi Putin — Russian President Vladimir Putin meets with China's President Xi Jinping at the Kremlin in Moscow on March 21, 2023.
MIKHAIL TERESHCHENKO/SPUTNIK/AFP via Getty Images

Markets, mi-exclusive, Markets, Dollars, China, Russia, BRICS

Argentina's top presidential candidate wants to use the US dollar to crush inflation and transform the country's economy

Thu, 08/17/2023 - 13:08

dollar — dollar
SOPA images

Markets, MI Exclusive, Argentina, Dollars, dedollarization, dollar war, Peso

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

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