China lifted its foreign exchange reserves by $3.6 billion in May, pushing the total up to $3.285 trillion, based on new figures released by Beijing’s foreign exchange regulator on Saturday. That’s ...
Hosted on MSN
Is This the End of US Dollar Dominance? China, India Take Steps to Trade in Their Own Currencies
Some recent moves by the governments of China and India have highlighted a growing trend in the global economy: ditching the US dollar for other currencies. The US dollar has been the world’s “reserve ...
When China twisted BHP’s arm last month and forced it to settle 30 per cent of its iron ore sales in yuan, it was part of a ...
BRICS nations’ push to trade in local currencies reflects frustration with dollar dominance and signals a shift in the global ...
The US Dollar Index climbs above $100 as falling rate-cut odds push traders to reassess Fed policy ahead of the delayed NFP report.
Gold's current bull market is driven by speculative narratives, not fundamental shifts in the global monetary system. Backing global assets with gold is unrealistic. China's gold accumulation and yuan ...
Gold has overtaken the euro as the world’s second-largest reserve currency, and I expect it to eventually surpass the US dollar within a decade. Central bank gold accumulation, geopolitical tensions, ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback