You Searched For "major currencies in world" and got 18 results
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3 mins read
Gold and some non-dollar currencies start to shine, but it's not all about de-dollarization
The US dollar is used in about 50% of all global payments and 84% of trade finance contracts — far …
Huileng Tan
3 mins read
Rupee headed lower as RBI intervention unlikely to be "aggressive"
The Indian Rupee has lost nearly a tenth of its value against the US Dollar this year, and analysts…
2 mins read
China's quest to turn the yuan into a global currency isn't actually driven by domination. It's about sanctions.
In a recent global survey of 1,660 enterprises, many respondents said their trading partners were u…
Huileng Tan
4 mins read
Gold Rates Today (June 26, 2024): Latest Prices in Major Cities
Gold rate on Wednesday saw a decline across India. In Delhi, the price of 10 grams of 24-carat gold…
2 mins read
A famed trader known as '50 Cent' is making a big bet that the world's worst-performing currency is about to surge 'violently'
Ruffer, a UK-based fund known for winning bets made in the volatility market, is now hoping for a b…
Filip De Mott
2 mins read
Microsoft outage – London Stock Exchange, banks and airlines across the world affected
In what is emerging as one of the biggest tech outages, Microsoft’s services across the world have …
5 mins read
This is the world's next major election. The winner has to fix chronic hyperinflation and halt a 6th recession in 10 years.
Argentina is set to elect a new president next weekend, but neither candidate is likely to be able …
George Glover
2 mins read
Pakistani rupee becomes 'world's best performing currency'
"The rupee remained the best performing currency on a week-on-week basis," The Express Tribune q…
4 mins read
3 reasons why even China doesn't want the yuan to replace the dollar as the world's reserve currency
The yuan is the dollar's most high-profile contender, against the backdrop of US-China tensions and…
Huileng Tan
4 mins read
3 reasons why even China doesn't want the yuan to replace the dollar as the world's reserve currency
The yuan is the dollar's most high-profile contender, against the backdrop of US-China tensions and…
Huileng Tan
2 mins read
The 'dollar's long goodbye' means the no-brainer trade will end in 2024 as other currencies rise, ING says
"2024 will be a year in which currencies and the rest of the world can breathe after being dominate…
Filip De Mott
2 mins read
A BRICS currency backed by gold 'makes no sense whatsoever,' says one market guru
David Woo, previously a top strategist at Bank of America, questioned what would be achieved by cre…
Joseph Wilkins
3 mins read
The BRICS summit ended with no new currency and all 5 members issuing differing and contradictory commentary on de-dollarization
The BRICS nations appear divided on the issue, as statements from the bloc's leaders last week indi…
Huileng Tan
3 mins read
The BRICS summit ended with no new currency and all 5 members issuing differing and contradictory commentary on de-dollarization
The BRICS nations appear divided on the issue, as statements from the bloc's leaders last week indi…
Huileng Tan
1 min read
China has the world's largest foreign exchange reserves — and it just grew for the first time in 2022 as the US dollar strengthens
"The current external environment is still complex and severe... and the international financial ma…
Phil Rosen
2 mins read
About 93% of global central banks are exploring digital currencies - and that could boost de-dollarization, a report by IMF staff says
Central bank digital currencies "could help de-dollarization or counter "cryptoization"," IMF staff…
Joseph Wilkins
2 mins read
BRICS countries could swing an 'economic wrecking ball' at dollar dominance even without a shared trade currency, former White House economist says
The US dollar could soon be in the same position as the British pound in the 1800s, a former White …
Jennifer Sor
4 mins read
Here's what comes next for the world's top currencies as Fed moves and global growth fears weigh on foreign exchange markets
Spiking energy prices are among the factors weighing on the yen, euro, and yuan against the soaring…