A study by a $1.5 trillion asset management firm has revealed that central banks are reducing their U.S. dollar holdings while seeking to increase Chinese
Read moreBolivia’s President Calls on South American Countries to Ditch US Dollar, Bolster Alliances With China and BRICS
Bolivia’s President Luis Alberto Arce Catacora (Lucho Arce) has urged members and associated states of the Mercosur trade bloc to de-dollarize and establish stronger strategic
Read moreXi Jinping, Vladimir Putin Push for Increased Settlements in National Currencies
Chinese President Xi Jinping and Russian President Vladimir Putin have pushed for the increased use of national currencies in mutual settlements as more countries shift
Read moreChatgpt Accounts Found on Darknet, North Korean Analyst on Dollar Dominance, BCH Hashrate Rises With Price, and More — Week in Review
It’s been an action-packed week in the world of finance and crypto, and moving into July, there’s a lot to cover to get up to
Read moreYuan Usage Soars in Argentina: Over 500 Companies Request to Pay for Imports in Chinese Currency, Report
Over 500 companies in Argentina have reportedly requested to pay for imports using Chinese yuan as the U.S. dollar shortage worsens. “The central bank doesn’t
Read moreUS Treasury Secretary Defends Dollar Dominance as Emerging Markets Push to De-Dollarize
U.S. Treasury Secretary Janet Yellen has defended the dominance of the U.S. dollar amid rising efforts by emerging countries to de-dollarize. Brazilian President Luiz Inácio
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