US dollar

Gold’s rally awaits clarity on US interest rates and dollar weakness: ReportGold’s rally awaits clarity on US interest rates and dollar weakness: Report

Gold’s rally awaits clarity on US interest rates and dollar weakness: Report

Current bullion market is focusing on a combination of factors which includes direction of US interest rates, weakness in USD,…

18 hours ago
Central banks build gold reserves as de-dollarisation drive acceleratesCentral banks build gold reserves as de-dollarisation drive accelerates

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…

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

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…

2 years ago
Explainer: The BRICS currencyExplainer: The BRICS currency

Explainer: The BRICS currency

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

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

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…

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

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

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…

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

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…

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

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

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