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Category Currency

Currency Selection: JP Morgan Flags BRICS Push, US Dollar Loses Value

Currency Selection: JP Morgan Flags BRICS Push, US Dollar Loses Value

JP Morgan currency selection analysis has spearheaded mounting concerns about the dollar’s future dominance as global reserve currency…
US Reacts To Rupee Becoming the Reserve Currency

US Reacts To Rupee Becoming the Reserve Currency

US Treasury Secretary Scott Bessent dismissed speculations that the rupee could replace the dollar as the world’s reserve…
BRICS Plan: China’s New Currency Backed by Electricity, Not Oil

BRICS Plan: China’s New Currency Backed by Electricity, Not Oil

China’s new currency plans are actually revolutionizing global finance right now as Beijing officially prepares to challenge the…
Interest in the US Dollar Coming To An End

Interest in the US Dollar Coming To An End

American economist Kenneth Rogoff signals to the India Times that interest in the US dollar is coming to…
EAUE Shuns USD, Settles $112 Billion in National Currencies

EAUE Shuns USD, Settles $112 Billion in National Currencies

Two nations from the Eurasian Economic Union (EAEU) have settled trade worth 9 trillion rubles, equivalent to $112 billion. Payment settlements ha...