US dollar

Central banks build gold reserves as de-dollarisation drive accelerates

Central banks across the world may continue with the gold buying spree in the coming months. Amid the recent downgrade…

1 year ago

Will Russia’s launch of digital ruble step up de-dollarisation drive?

Russia is gearing up to launch a pilot drive to test its digital ruble—a central bank digital currency, later this…

1 year ago

Explainer: The BRICS currency

The BRICS (Brazil, Russia, India, China South Africa) will likely focus on the expansion of the group at the summit…

1 year ago

Can Indian rupee beat Chinese yuan as a more accepted currency in the world?

The Reserve Bank of India (RBI), which has given its nod to 18 countries for opening of Special Vostro Rupee…

1 year ago

Is USD hegemony in South Asia likely to dent as India-Bangladesh consider INR trade?

DHAKA: Amid a dollar crunch following the Coronavirus pandemic and the Russia-Ukraine war, New Delhi and Dhaka are considering trading…

2 years ago

Why India’s exports to Europe could see a big jump following Ukraine war

India’s exports to Europe are expected to rise in the short to medium term after the latter’s trade with Russia…

2 years ago

Rupee doing better than other currencies but USD is getting stronger, says Sitharaman

Washington:  Finance Minister Nirmala Sitharaman on Saturday (local time) said that the Indian rupee has performed much better than many…

2 years ago

Will China expand its international payment system after SWIFT ban on Russia?

<p> <strong>The announcement by the US and EU to ban Russian banks and financial institutions from accessing the SWIFT payment…

3 years ago

Sanctions against Russia after its Ukraine invasion could boost non dollar trade

<p> <strong>The stringent sanctions against Russia following its invasion of Ukraine could push non dollar trade in the coming months.…

3 years ago