You Searched For "greenback" and got 20 results
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1 min read
Argentina will pay for Chinese imports in yuan instead of dollars to preserve its shrinking greenback reserves
Argentina wants to spend fewer dollars after a crippling drought slashed its agricultural exports, …
Zahra Tayeb
1 min read
You can't replace the dollar, but here are 5 alternative assets that are chipping away at the greenback's supremacy
The US dollar is the world's most dominant reserve currency.CFOTO/Future Publishing/Getty Images
Huileng Tan
4 mins read
Rupee likely to touch 82 against the greenback
Indian rupee on Friday fell to a low of 81.27 against the US dollar in early trade on the back of m…
2 mins read
Rupee makes a small comeback, gains 7 paise after hitting a new low of 80 against the dollar
The rupee appreciated 7 paise to 79.92 against the US dollar in early trade on Friday as a firm tre…
PTI
2 mins read
De-dollarization fears are overblown, but rising debt and US brinkmanship are top threats to the greenback, Bank of America says
"Therefore, the key threats to the USD's dominant role seem largely domestic, as opposed to competi…
Filip De Mott
2 mins read
Treasury Secretary Janet Yellen says to expect a gradual decline in the dollar's share of global reserves, but greenback remains dominant
"I would say there is virtually no meaningful workaround for most countries for using the dollar as…
Filip De Mott
2 mins read
De-dollarization is underway and Congress must pass stablecoin bill to boost greenback's competitiveness, Circle CEO says
"There are de-dollarization efforts that are underway in many parts of the world," Circle's Jeremy …
Filip De Mott
2 mins read
What is de-dollarization? Here's everything you need to know about rival countries' efforts to dethrone the greenback
Here's what you need to know about the anti-dollar movement – and whether it's really a threa…
George Glover
1 min read
Russia is seeking allies to shift trade away from the greenback and quicken the pace of de-dollarization, deputy prime minister says
"We are talking about processes of de-dollarization and the creation of an independent financial sy…
Jennifer Sor
1 min read
Aided by a weaker greenback, Rupee gains 32 paise to close at 82.50/USD
The rupee gained 32 paise to close at 82.50 (provisional) against the US dollar on Thursday, suppor…
PTI
1 min read
Iran pushes for de-dollarization in meeting with 11 other countries as officials say the move away from the greenback is 'not a voluntary choice'
"De-dollarization is not a voluntary choice by countries anymore," Iran's first vice president said…
Jennifer Sor
5 mins read
De-dollarization is undeniable, and the debate about the greenback's dominance is heating up. Here's what Elon Musk, Ray Dalio, Chamath Palihapitiya and 7 others are saying.
A number of countries are lining up plans to dethrone the greenback as part of an accelerating de-d…
Zahra Tayeb
1 min read
Billionaire investor Bill Ackman is shorting the Hong Kong dollar in a bet it'll lose its peg to the greenback
The billionaire investor said that Federal Reserve interest rate rises will break the currency's pe…
George Glover
3 mins read
China is pushing back on the US dollar's dominance but analysts say there's no real threat to the greenback
The biggest story in markets today is China's move against dollar dominance — and expert stoc…
Phil Rosen
1 min read
Risks to the dollar's 'explosive' dominance in 2022 are rising and the greenback's strength could start to wane, analysts say
The dollar has pulled back slightly in recent days as emerging market currencies surge. The dollar …
Brian Evans
3 mins read
King dollar's worst slump in over a decade is hammering one of 2022's biggest winners – but the greenback's dominant run might not be over just yet
"The dollar could rise again" in 2023 if energy prices keep rising and investors flock back to the …
George Glover
1 min read
The strengthening US dollar has left Hong Kong struggling to protect its currency's historic peg to the greenback
"The Federal Reserve's rate hike pressure could spread to the Hong Kong dollar market in the next t…
Phil Rosen
2 mins read
Dollar dominance is going to stick around in global markets as there's nothing on the horizon to rival the greenback, Fed study says
"The dollar's international role, whether for trade, investment or use as a global reserve currency…
Phil Rosen
1 min read
The yen just hit a 24-year low against the dollar as economic data and expectations of continued Fed tightening push the greenback to rally
The value of the yen dipped 0.75% to 140 against the greenback on Thursday.
Jennifer Sor
4 mins read
Companies are bemoaning the strongest dollar in 20 years. Here's what experts say to expect for the greenback in the next few months.
"Other central banks are not nearly as hawkish as the Federal Reserve," one currency expert said ab…