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dollar-dominance

Argentine peso hits record low as Milei says 'it can't be worth excrement' while businesses oppose dollarization

Tue, 10/10/2023 - 12:38

Argentina peso/dollar — Nora Mazzini

Markets, mi-exclusive, dollar-dominance, Argentina, milei, Elections, Peso

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

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

The US dollar and Argentine peso could exist side by side, says rival to presidential frontrunner Milei

Tue, 09/26/2023 - 15:28

Tech Insider : Economy

Argentina peso/dollar — Nora Mazzini

Markets, mi-exclusive, Dollar, Peso, Argentina, dollar-dominance, Currency

De-dollarization would require governments to sever political and economic ties with US

Wed, 09/20/2023 - 14:08

Tech Insider : Economy

100 dollar pill puzzle being put together . — C.J. Burton/Getty Images

Markets, mi-exclusive, Dollars, De-Dollarization, dollar-dominance, BRICS, China

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

The US needs to get its ballooning debt problems under control to keep the dollar dominant, former IMF official says

Mon, 09/11/2023 - 14:37

US dollar — US debt notched $32 trillion for the first time this year.
SimpleImages

Markets, mi-exclusive, us-dollar, us-debt, us-debt-levels, dollar-dominance, dollar-war

The dollar wiped out this year's losses over the past 2 months following a barrage of strong economic data

Sat, 09/09/2023 - 05:00

dollar bills — The US dollar has soared over the past two months thanks to a barrage of strong economic data.
Jordan Hart/

Markets, mi-exclusive, Markets, Currencies, us-dollar, dollar-dominance, us-dollar-index

JPMorgan says the biggest risk of de-dollarization isn't a rival currency — it's that the US could lose a key tool it's used to fight past economic crises

Tue, 09/05/2023 - 16:05

Tech Insider : Economy

Andrew Jackson portrait on twenty dollar bill. — Andrew Jackson portrait on twenty dollar bill.
Elizabeth Fernandez/Getty Images

Markets, mi-exclusive, Dollars, dedollarization, dollar-dominance, USD, Currency

De-dollarization won't happen anytime soon as 'it's not so easy' to beat the greenback, Indian minister says

Wed, 08/30/2023 - 05:27

President of Brazil Luiz Inacio Lula da Silva, President of China Xi Jinping, South African President Cyril Ramaphosa, Prime Minister of India Narendra Modi and Russia's Foreign Minister Sergei Lavrov pose for a BRICS family photo during the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg, South Africa, on August 23, 2023. — The leaders of the BRICS countries at a summit in Johannesburg, South Africa.
Gianluigi Gu

Markets, mi-exclusive, Markets, De-Dollarization, dedollarization, Currencies, dollar-outlook

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