CurrenciesCommentary: China seeks to lessen developing countries’ reliance on the US dollarNovember 27, 2023111CHINA LOOKS TO INCREASE THE POWER OF ITS CURRENCY Measured against the vast tide of foreign currency transactions undertaken each...
CurrenciesAs Hong Kong’s currency peg marks 40th birthday with little fuss, some traders dither over its futureOctober 16, 2023148“For any monetary system, that is the trade-off,” Yue said. “If we want our interest rate policy back, then you...
CurrenciesU.S. Dollar Defends Role As Global Currency [Infographic]August 31, 2023247The de-dollarization of the world economy has been thrust back into the spotlight with the BRICS summit, which took place...
CurrenciesExplained: The International Monetary StructureJune 18, 2023103There are 5 hard currencies which are recognized universally. Hard currencies are the currencies that are accepted globally and the...
CurrenciesBangladesh set to repay Russian nuclear plant loan with Chinese currency Yuan: ReportApril 22, 202384Bangladesh will pay a Russian nuclear power developer $318 million in Chinese yuan, highlighting a growing trend of countries using...
CurrenciesContesting the hegemony of the dollarJanuary 25, 202381A trader counts U.S. dollar banknotes at a currency exchange booth in Peshawar, Pakistan . | Photo Credit: REUTERS The...
CurrenciesRisk appetite turns a little more cautiousNovember 16, 2022108After the burst of optimism over the past week, as investors digested the downside surprise to US inflation, markets have...
CurrenciesWhy is the U.S. dollar so strong right now?August 29, 202262For more than a year now, the U.S. dollar has gradually been gaining strength relative to other major global currencies,...
Currencies7 commonly counterfeited currencies – MarketplaceMarch 28, 201764The United Kingdom got a new one pound coin today. The new coin has 12 sides, one hologram and a...