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De-Dollarization: Russia Has No Choice Than Using Chinese Yuan

De-Dollarization: Russia Has No Choice Than Using Chinese Yuan

Russia is in a ridiculous situation where it wants to balance the act of de-dollarization while keeping its…
May, 02, 2024
2 min read
by Watcher.Guru
BRICS: Even China’s Exporters Don’t Want the Chinese Yuan

BRICS: Even China’s Exporters Don’t Want the Chinese Yuan

BRICS member China is in trouble as the Chinese Yuan is unable to keep pace with the growing US dollar. China’s exporters…
Apr, 30, 2024
2 min read
by Watcher.Guru
U.S. Dollar Batters 22 Asian Currencies in a Row

U.S. Dollar Batters 22 Asian Currencies in a Row

The DXY index, which measures the performance of the U.S. dollar shows the currency hovering around the 106 price range.…
Apr, 29, 2024
1 min read
by Watcher.Guru
Chinese Yuan Threatens To Uproot the US Dollar

Chinese Yuan Threatens To Uproot the US Dollar

The US dollar remains unfazed by the rising antics of multipolar currencies. However, that does not change the…
Apr, 26, 2024
3 min read
by Watcher.Guru
Local Currencies Bow to the Mighty US Dollar in 2024

Local Currencies Bow to the Mighty US Dollar in 2024

The dreams of a de-dollarization world kick-started by developing countries in 2024 remain just that, a dream. The US dollar outperformed…
Apr, 25, 2024
2 min read
by Watcher.Guru