The global financial landscape is bracing for heightened volatility as Citigroup analysts issue an urgent warning regarding the EUR/USD exchange rate, forecasting a potential...
What is De-Dollarization? De-dollarization refers to the process by which countries reduce their reliance on the U.S. dollar for international trade, reserves, and financial...
The BRICS countries are resolutely advancing towards abandoning the US dollar, opting instead for a proprietary cryptocurrency for international transactions. Anatoly Aksakov, Chairman of...
According to reports, the BRICS alliance—which consists of South Africa, Brazil, Russia, India, and China—is looking into creating a substitute currency. By doing this,...
Ethena Labs contends that markets outside the United States can explore new opportunities with financial instruments pegged to the U.S. dollar. For markets outside...
With the recent launch of spot BTC ETFs in the United States, outflows from European bitcoin exchange-traded products have increased, according to an analyst....
The global financial environment is changing dramatically as the United Arab Emirates (UAE) abandons the US dollar in its oil trade transactions. This strategic...
In line with the BRICS de-dollarization initiatives, Egypt and India are debating giving up on the US dollar in their economic dealings.This action is...