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Category Local Currency

Local Currency Trade Hits Highs as Dollar Falters

Local Currency Trade Hits Highs as Dollar Falters

The majority of the world is now moving towards pursuing a local currency trade, an option that has…
Oil and Nuclear Deals Now Set in Yuan, Not Dollars

Oil and Nuclear Deals Now Set in Yuan, Not Dollars

The world is now witnessing a sharp change with the US dollar being sidestepped and overshadowed by local…
Central Banks Buying Gold From Domestic Miners in Local Currencies

Central Banks Buying Gold From Domestic Miners in Local Currencies

The World Gold Council published a report on Wednesday, highlighting that Central Banks around the world are buying…
More Nations Abandon US Dollar, Egypt PM Confirms Trend

More Nations Abandon US Dollar, Egypt PM Confirms Trend

The US dollar is now attracting more foes than ever, as countries and growing economies continue to abandon…
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…