The US dollar's share of global foreign exchange reserves has fallen to its lowest point in 30 years, now standing at 57.4%. Central banks are diversifying their reserves into gold and a basket of ...
There is increased pressure from several nations to replace the U.S. dollar as the world’s reserve currency. The U.S. has benefited from being the most dominant currency in the world since the end of ...
De-dollarization is an effort by a growing number of countries to reduce the role of the U.S. dollar in international trade.
As a peer-to-peer, digital, neutral, and scarce cryptocurrency, Bitcoin’s market cap sits near $1.3 trillion. The U.S. has benefited tremendously due to the dollar’s status as the global reserve ...
New Zealand’s Trade Agreement With India Reflects a Foreign Policy Shift China’s demand for gold as the global trade system undergoes fundamental changes hearkens back to a much earlier era, when ...
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Posthaste: Canadian dollar is being dumped from FX reserves at a record pace. What's going on?
Global reserve managers appear to have lost their appetite for the Canadian dollar, according to the International Monetary Fund’s latest COFER reading. COFER, or the Currency Composition of Official ...
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