You Searched For "worlds reserve currency" and got 15 results
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2 mins read
Vladimir Putin takes aim at the US dollar's dominant position as the world's reserve currency
"To use the dollar as a tool of foreign policy struggle is one of the biggest strategic mistakes ma…
Matthew Fox
1 min read
How Argentina's inflation fight made the peso the strongest currency in the world
Javier Milei's measures to tame Argentina's inflation have boosted the peso to the top, rising 25% …
Filip De Mott
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
1 min read
RBI to allow opening of rupee account outside India
The RBI said it has finalised a strategic action plan for 2024-25 and envisaged liberalisation …
PTI
3 mins read
De-dollarization is a fad that will backfire on countries trying to move away from the greenback, currency expert says
Dollar dominance is sticking around for at least the next few decades, one currency expert told Bus…
Jennifer Sor
2 mins read
Warren Buffett isn't worried about the dollar's dominance. He predicted it would still be the world's reserve currency in 2065.
The greenback is unlikely to cede its global status for decades to come, if ever — but printing too…
Theron Mohamed
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
1 min read
Why the Israeli shekel is the world's best performing currency against the US dollar this month
The shekel rose 8.8% from a 11-year low last month, as short sellers left and the Bank of Israel so…
Filip De Mott
2 mins read
Giving Russian reserves to Ukraine would be 'elegant justice,' former World Bank chief says
"If countries believe that they cannot conquer and annex their neighbors without losing access to t…
Filip De Mott
1 min read
Rupee declines 5 paise to 83.43 against US dollar in early trade
At the interbank foreign exchange, the domestic unit opened weak at 83.39 against the greenback and…
PTI
3 mins read
People in China continue to buy gold even as the currency remains weak!
Record-high gold prices driven by global uncertainties and central bank rate cuts lead to increased…
Huileng Tan
1 min read
The Pakistani rupee has plunged after soaring as the world's top performing currency. What happened?
After a brief spike last month, Pakistan's rupee is on track to be the worst performing Asian curre…
Aruni Soni
1 min read
Israel's currency tumbles to 7-year low, prompting its central bank to sell $30 billion in foreign reserves
Strategists have warned that Hamas' attack on Israel will weigh on markets and commodities while fu…
Phil Rosen
1 min read
Russia is doubling down on its de-dollarization efforts as Putin calls to reduce use of 'toxic' currencies
Russia's use of "toxic" currencies has been slashed in half over the past year, Putin said.