[ad_1] The BRICS bloc of emerging nations has invited six new countries to join the group. Iran has been the most vocal about de-dollarizing. The positions of other potential members…
Tag: dedollarization
De-dollarization won’t happen anytime soon as ‘it’s not so easy’ to beat the greenback, Indian minister says
[ad_1] China and Russia have tried to fuel the dedollarization movement over the past year. But the buck is likely to remain the dominant currency in international trade, according to…
The dedollarization drive is facing a confidence crisis as the yuan, ruble and Argentine peso simultaneously plummet, an analyst says
[ad_1] Global dedollarization efforts face a credibility challenge as currencies of the nations leading the movement take a beating. Slumps in the ruble, yuan, and Argentine peso underscore how the…
De-dollarization is underway and stablecoin legislation can boost USD
[ad_1] Heidi Gutman/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images A digital dollar is needed to make the greenback’s use more open and integrated, Jeremy Allaire said. “There are de-dollarization efforts that…
De-dollarization: Elon Musk, Ray Dalio, Chamath Palihapitiya weigh in
[ad_1] US dollar Sopa Images/Getty Images An increasing number of nations are making plans to break away from the dollar’s dominance of global trade and investment flows. China has pursued…
India joins China in De-dollarization Drive – Modern Diplomacy
[ad_1] In recent years, a movement called “de-dollarization” has gained momentum, as countries seek to reduce their dependence on the US dollar and promote greater economic sovereignty. This trend has…
Mike Novogratz: ‘Crypto was created for this point’ as banking crisis, de-dollarization escalate
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