De-dollarization refers to the process by which countries reduce their reliance on the US dollar as the primary currency for international trade and financial transactions. This trend has been driven ...

The announcement came as part of a global and local movement to shed the USD as the world’s currency franca for trade in the wake of the Federal Reserve’s series of interest rate hikes since 2022, ...

Iran’s Integrated Forex Market launched the Ruble/Rial currency pair earlier this month, following a visit of Central Bank of Iran (CBI) Governor Ali Saleh-Abadi to Moscow. The new arrangement means ...

(MENAFN- Asia Times) BRICS Summit host Russian President Vladimir Putin disappointed both anti-colonial enthusiasts and Western alarmists last week by conceding that the bloc's members“have not built ...

Kathy Lien, BK Asset Management, joins 'Fast Money' to talk warning signs coming out of the Treasury market, de-dollarization fears, and more. Got a confidential news tip? We want to hear from you.

MINSK, 21 May (BelTA) – It is necessary to get rid of U.S. dollars in domestic trade in hydrocarbons in the Eurasian Economic Union. Belarus President Aleksandr Lukashenko made the relevant statement ...

Argentina has been on a decades-long search for economic stability, but it always seems to be out of reach. High inflation has been plaguing the country and just surpassed 160% a year. Over the past ...

I’m Chris Anstey, a senior editor in Boston, and today we’re weighing the evidence of China de-dollarization. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X (formerly known ...

Egypt has been considering importing wheat in exchange for foreign currencies other than the USD, including the Indian rupee and Chinese yuan, Minister of Supply and Internal Trade Ali Moselhi stated ...