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Category Local Currency

ASEAN Releases 5-Year Plan To Stop Using the US Dollar From 2026-2030

ASEAN Releases 5-Year Plan To Stop Using the US Dollar From 2026-2030

The ASEAN alliance has officially released a roadmap to reduce reliance on the US dollar and use local…
De-Dollarization Surges in ASEAN as US Dollar Tariffs Rattle Trade

De-Dollarization Surges in ASEAN as US Dollar Tariffs Rattle Trade

De-dollarization momentum is accelerating right now across ASEAN nations as US tariff policies are driving currency substitution away…
BRICS Erodes Trust in the US Dollar

BRICS Erodes Trust in the US Dollar

The BRICS alliance is making developing countries trust local currencies more than the US dollar. The initiative of…
BRICS: European Firms Get Requests For Local Currencies, Not US Dollar

BRICS: European Firms Get Requests For Local Currencies, Not US Dollar

Taking a leaf from the BRICS playbook, several banks, brokers, and financial entities in Europe are receiving requests…
De-Dollarization Grows Massive in Asia: Firms Demand Local Currencies

De-Dollarization Grows Massive in Asia: Firms Demand Local Currencies

De-dollarization is gaining momentum in Asia as major companies are turning their backs on the US dollar and…