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Argentina should avoid dollarization as it can trap the country in Ecuador-like economic morass, one economist says

Tue, 09/05/2023 - 05:54

Argentina peso/dollar — Nora Mazzini

Markets, mi-exclusive, Markets, Argentina, argentina-debt, argentine-peso, Peso

Here's why China's yuan will never be able to dethrone the US dollar

Wed, 08/30/2023 - 14:03

A Person Counting US Dollar Bills — Moe Zoyari/Bloomberg

Markets, mi-exclusive, us-dollar, dedollarization, china-currency, Currency, Markets

'Coldplay dollar' and 'Qatar dollar' highlight Argentina's bizarre currency system as it weighs ditching the peso

Sun, 08/27/2023 - 08:30

Tech Insider : Economy

coldplay — Coldplay.
Tabitha Fireman/ Getty Images

Markets, mi-exclusive, Argentina, Currency, exchange-rates, Peso, Dollars

China's economic model isn't working, but that doesn't mean the country's headed for a 'Lehman moment'

Sat, 08/26/2023 - 08:15

Tech Insider : Economy, Economy

China's economy is facing a troubled property sector, deflation, and weak trade. — Economists are wary on China, but many don't expect a Lehman moment to transpire.
Getty Images / Stringer, Getty

economy, Markets, Markets, economy, china-economy, China, Currency

Bitcoin bottomed last year and the crypto could hit $148,000 by 2025, research firm says

Thu, 08/24/2023 - 15:10

cryptocurrency — A man walks past an electric board showing exchange rates of various cryptocurrencies including Bitcoin (top L) at a cryptocurrencies exchange in Seoul, South Korea December 13, 2017
REUTERS/Kim Hong-Ji

Markets, mi-exclusive, Markets, cryptocurrency, Bitcoin, btc, bitcoin-outlook

Argentina plans to repay some yuan borrowings from Chinese currency swap using IMF bailout money

Thu, 08/24/2023 - 13:16

Tech Insider : Economy

FILE PHOTO: Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee — Headquarters of the PBOC, the central bank, is pictured in Beijing
Reuters

Markets, mi-exclusive, Argentina, Yuan, IMF, international-monetary-fund, Loan

China's yuan is displacing other top global currencies in trade, but not the US dollar

Thu, 08/24/2023 - 11:24

Tech Insider : Economy

Arrangement of various world currencies including Chinese Yuan, US Dollar, Euro, British Pound, in this picture illustration taken January 25, 2011. REUTERS/Kacper Pempel/Illustration/File Photo — Arrangement of various world currencies including Chinese Yuan, US Dollar, Euro, British Pound
Thomson Reuters

Markets, mi-exclusive, Yuan, China, De-Dollarization, dollar-dominance, Currency

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

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 is already dollarizing - these businesses have switched to greenbacks as the peso is worth a fraction of a penny

Wed, 08/23/2023 - 11:59

Tech Insider : Economy

Argentina peso/dollar — Nora Mazzini

Markets, mi-exclusive, Argentina, Peso, milei, De-Dollarization, Dollar

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