You Searched For "de dollarization china" and got 20 results
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2 mins read
Fed rate hikes have made borrowing greenbacks costlier and pushed more firms to de-dollarize, think tank says
Global firms had to find cheaper alternatives to dollar debt as the Fed raised interest rates, the …
Filip De Mott
2 mins read
The dollar's demise has been over-exaggerated
Dollar holdings actually gained last year among global reserves, casting a shadow over last year's …
Filip De Mott
2 mins read
It's not just China India is now pushing a de-dollarization narrative by touting the use of the rupee for trade
The USD is still by far the world's most dominant currency, accounting for almost 90% of global for…
Huileng Tan
2 mins read
It's not just China —India's now pushing a de-dollarization narrative by touting the use of the rupee for trade
The USD is still by far the world's most dominant currency, accounting for almost 90% of global for…
Huileng Tan
1 min read
China expands de-dollarization push as global central banks use record amount of yuan
The yuan's use in currency swaps grew to $15.6 billion at the end of March, marking the second-larg…
Filip De Mott
1 min read
De-dollarization efforts see China expand its gold reserves for 6 straight months
China bought over 8 tons of gold in April, bringing its total holdings to 2,076 tons, data from the…
Filip De Mott
2 mins read
Partial de-dollarization is possible, but China won't dethrone the greenback even if it becomes the world's largest economy
History suggests that dollar dominance could carry on well into the second half of the 21st century…
Phil Rosen
2 mins read
A China-based bank that's trying to de-dollarize global lending is now having trouble repaying its dollar debts, report says
The New Development Bank is having difficulty accessing dollars, and has largely stopped lending, t…
Filip De Mott
2 mins read
De-dollarization would require governments to sever political and economic ties with US
A de-dollarization collective is also unlikely as countries would risk losing access to the US secu…
Filip De Mott
2 mins read
How a Saudi pullback from a landmark US deal would be bad news for dollar dominance
The Atlantic Council is speculated what could happen to the dollar if a long-standing accord with S…
Filip De Mott
1 min read
Top commodity firm may start using China's yuan, potentially adding to de-dollarization trend
"China will become more relevant in the global market, I have no doubts," Suzano CEO Walter Schalka…
Filip De Mott
3 mins read
Russia's weakened energy trade and lost access to the dollar will spark a severe recession within a year, a top economist says
Russia's energy profits are tumbling, and the nation could face major financial trouble as it loses…
Jennifer Sor
2 mins read
De-dollarization has started, but the odds that China's yuan will take over are 'profoundly unlikely to essentially impossible'
The dollar will lose ground, but the odds of the yuan becoming the global reserve currency are "pro…
Filip De Mott
2 mins read
Russia says it's working with a group of countries to build a platform that doesn't need the dollar
Russian President Vladimir Putin has doubled down on phasing out the use of the US dollar and other…
Huileng Tan
2 mins read
The biggest threat to the dollar isn't other countries but America's own dysfunction, think tank experts say
Although some foreign economies are trying to de-dollarize, US domestic instability is the real thr…
Filip De Mott
2 mins read
Here's why China's yuan will never be able to dethrone the US dollar
"That weaponization of the dollar is part of the reason why Russia, China, and other BRICS nations …
Matthew Fox
1 min read
The de-dollarization drive is spreading wider - Indonesia is the latest nation to join the anti-buck movement
The island nation's central bank announced it has formed a National Task Force to widen the use of …
Zahra Tayeb
3 mins read
3 reasons the dollar can't be dethroned as the world's dominant currency, according to Morgan Stanley
The US dollar won't be displaced by any of its rivals anytime soon, Morgan Stanley said.
Jennifer Sor
2 mins read
US debt and dollar risks mean China should cut its Treasury holdings, a former PBOC advisor says
China should limit its exposure to the dollar and US debt risks, a former Chinese central bank offi…
Filip De Mott
2 mins read
China is leading a 'voracious' gold-buying spree as central banks try to shrink dollar reserves
China has bought 181 of 800 tonnes of gold purchased globally this year. The move underscores dedol…