As the world rapidly embraces new financial orders and development packaged in the guise of a multipolar currency system, the US dollar is now standing in a questionable position. The…
The de-dollarization wave is now gaining rapid momentum, with central banks exploring ways to diversify their holdings beyond the US dollar. A new Reuters report confirms a stark reality of…
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China’s central bank chief Pan Gongsheng has pledged to expand the footprint of the digital yuan, reaffirming the country’s vision for its central bank digital currency (CBDC).According to a Reuters…
The latest data from the forex market indicates that bulls are massively buying up on Asian currencies in 2025. There are long bets on Taiwan’s dollar which is the highest…
The narrative of de-dollarization is gaining rapid momentum, especially at present, as the US, under the reign of President Donald Trump, continues to impose aggressive tariffs on nations around the…
Despite the world gnawing at the US dollar with all its might, it may take a significant amount of time for major economies to completely dethrone the US dollar. Despite…
China has been very open about its de-dollarization agenda. While the BRICS bloc of nations has expressed a desire to move away from a US dollar-based global system, none has…
Brazil, which chairs the BRICS 2025 summit is eyeing to launch Chinese yuan-denominated panda bonds in the Asian markets. President Luiz Lula da Silva looks to launch the panda bonds…
Over 50 nations now use yuan, rupee, and ruble for oil and defense trade through BRICS partnerships. The de-dollarization trend accelerates as countries embrace BRICS currency trade agreements, and trade…