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De-dollarized payment systems are cropping up. Here's why they're unlikely to dent greenback dominance.

"The emergence of the technological capacity to drive de-dollarisation does not necessarily mean de…

Filip De Mott   


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3 mins read

The AI boom is unraveling the most dominant tech trade of the last decade

"The cart is in front of the horse as it relates to GenAI software, there's just no applications," …

Matthew Fox   


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What the US can do to halt de-dollarization, according to one think tank expert

Although de-dollarization is a distant threat, the US has options to keep the movement from growing…

Filip De Mott   


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There's a 'stealth erosion' in global US dollar reserves, but there's no dominant replacement yet

The share of the US dollar in global forex reserves fell from over 70% in 2000 to about 55% in the …

Huileng Tan   


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The biggest threat to the dollar isn't other countries but America's own dysfunction, think tank experts say

Although some foreign economies are trying to de-dollarize, US domestic instability is the real thr…

Filip De Mott   


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1 min read

Russia is doubling down on its de-dollarization efforts as Putin calls to reduce use of 'toxic' currencies

Russia's use of "toxic" currencies has been slashed in half over the past year, Putin said.

Jennifer Sor   


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China ramps up de-dollarization efforts by dumping a record amount of US bonds

China sold a record $53.3 billion worth of US Treasurys and agency bonds last quarter as it acceler…

Filip De Mott   


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3 mins read

A group of emerging nations could soon start knocking down one key pillar of dollar dominance

Central-bank-issued digital currencies could chip away at the US dollar's share in international pa…

Huileng Tan   


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De-dollarization is 'a myth,' and there's no big shift taking place away from the US currency, commodities expert says

Practically no one is phasing out the dollar in trade or in foreign reserves, one leading commoditi…

Jennifer Sor   


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3 mins read

3 reasons the dollar can't be dethroned as the world's dominant currency, according to Morgan Stanley

The US dollar won't be displaced by any of its rivals anytime soon, Morgan Stanley said.

Jennifer Sor   


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The biggest threat to dollar dominance is the US economy itself, top economists warn

"Severe deterioration" in the US's financial situation is the top threat to dollar dominance, two t…

Jennifer Sor   


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Vladimir Putin takes aim at the US dollar's dominant position as the world's reserve currency

"To use the dollar as a tool of foreign policy struggle is one of the biggest strategic mistakes ma…

Matthew Fox   


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The Fed's lack of innovation with the dollar means China, India, and others will dominate the digital currency race

US policymakers are miscalculating the resources it takes to keep up with rival digital currencies,…

Phil Rosen   


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Russia wants to topple dollar dominance, but it isn't even able to deliver oil to India with alternative currencies

A Rosneft unit selling Sokol oil in Russia hasn't been able to open a bank account in the UAE to a…

Huileng Tan   


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3 mins read

De-dollarization is not working out in China, where businesses are hanging onto their US dollars

Despite discussions about de-dollarization, the US dollar still dominates global foreign reserves, …

Huileng Tan   


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3 mins read

Bloodbath in Indian stocks as trends show below par show by BJP-led NDA; Sensex slumps over 4,000 points

Indian stock indices witnessed a bloodbath on the day the Lok Sabha results are being announced, wh…

ANI   


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Rupee trades in narrow range against US dollar in early trade

At the interbank foreign exchange market, the local unit opened at 83.48, it touched 83.46 in t…

PTI   


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Rupee rises 8 paise to 83.44 against US dollar in early trade

At the interbank foreign exchange market, the local unit opened at 83.49 against the greenback.…

PTI   


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Rupee trades in narrow range against US dollar in early trade

At the interbank foreign exchange market, the local unit opened at 83.50, and touched 83.49 in …

PTI   


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Indian markets open flat, experts raise concern on overvaluation of small, midcap stocks

Indian markets opened flat on Thursday with the Nifty index starting at 22,614 points and the Sense…

ANI