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Category usd dominance

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Economist Predicts End of US Dollar Dominance as More Countries De-Dollarize

Economist Predicts End of US Dollar Dominance as More Countries De-Dollarize

The chief economist at S&P Global has predicted that the U.S. dollar “will no longer be the dominant world currency.” Highlighting the diminishing ...
Jul, 13, 2023
2 min read
by Bitcoin News
IMF Director: Iranians, Brazilians, Saudis Switching to Trade in Chinese Yuan as De-Dollarization Gains Momentum

IMF Director: Iranians, Brazilians, Saudis Switching to Trade in Chinese Yuan as De-Dollarization Gains Momentum

The International Monetary Fund’s (IMF) executive director for Russia says a growing number of countries are switching to trade in Chinese yuan, no...
Jun, 28, 2023
2 min read
by Bitcoin News
Russian Banker Predicts End of Dollar Dominance as Global Power Shifts

Russian Banker Predicts End of Dollar Dominance as Global Power Shifts

Russia’s second-largest bank’s chairman has predicted the end of U.S. dollar dominance. He believes that the Chinese yuan will replace the U.S. dol...
Jun, 11, 2023
3 min read
by Bitcoin News
ECB President Lagarde on De-Dollarization: Reserve Currency Status Should No Longer Be Taken for Granted

ECB President Lagarde on De-Dollarization: Reserve Currency Status Should No Longer Be Taken for Granted

European Central Bank (ECB) President Christine Lagarde has warned that the U.S. dollar’s reserve currency status “should no longer be taken for gr...
Apr, 26, 2023
2 min read
by Bitcoin News
BRICS De-Dollarization Push, China, and Crypto Threaten US Dollar’s Dominance: Analyst

BRICS De-Dollarization Push, China, and Crypto Threaten US Dollar’s Dominance: Analyst

Fitch Solutions’ global head of country risk has named the rising adoption of cryptocurrencies, the de-dollarization efforts by the BRICS countries...
Apr, 19, 2023
2 min read
by Bitcoin News