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SWIFT confirms dollar's dominant role in global trade
In January 2025, the position of the US dollar in global trade strengthened. Dollar-denominated transfers exceeded 50% of all ...
Madan Sabnavis: There is no alternative to the US dollar as the world’s anchor currency
The US froze Russia’s dollar assets in 2022 and stunned global holders of US bonds as forex reserves. But the world is stuck ...
Trade wars, tariffs and Trump
The US imposes 25% tariffs on Canada & Mexico, sparking fears of a wider trade war ...
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Brazil Abandons BRICS Common Currency Plan for National Currency Trading
Brazil abandons plans for a common BRICS currency in favor of facilitating trade in national currencies, focusing on ...
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Top 10 African countries with the easiest foreign currency access
A new ranking has identified African countries where obtaining foreign exchange is relatively easier. The ranking, based on ...
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Trade War Fear Fans Rush For Foreign-Currency Deposits In China
Foreign-currency deposits in China rose to $892.4 billion in January from $852.9 billion in the previous month.
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When currency depreciates, do people invest more?
When a currency depreciates, investment behavior is shaped by economic conditions, interest rates, inflation, and investor ...
Brazil not to pursue BRICS currency idea as Donald Trump reiterates 100% tariff threat on bloc
Brazil's BRICS presidency focuses on reducing reliance on the U.S. dollar in global trade, drawing criticism from Trump.