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Category Local Currency

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…
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…