Siladitya Ray is a New Delhi-based Forbes news team reporter. The head of India’s central bank on Friday said the country was not pursuing a policy of de-dollarization and no decisions have been made ...

During the BRICS Summit last weekend, leaders of the bloc asserted the need to use local currencies in intra-BRICS trade. BRICS want to reduce their reliance on the greenback due to geopolitical ...

There's been a de-dollarization storm brewing lately in the international finance arena. What is it? De-dollarization is the process of reducing the dominance of the US dollar in global trade and ...

A reserve currency is a foreign exchange instrument held in significant quantities by central banks, governments, and monetary authorities as an integral part of foreign exchange reserves. Reserve ...

There are a handful of challenges to the dollar's top status in financial markets, according to researchers from the Brookings Institution. In a recent note, the think tank pointed to the US dollar's ...

President Donald Trump on Thursday repeated a warning that he will impose 100 percent tariffs on members of the BRICS economic bloc if they attempt to replace the U.S. dollar as a reserve currency.

The latest BRICS summit in Kazan, Russia has intensified discussions around de-dollarization, potentially impacting several major currency-focused exchange-traded funds and raising concerns among U.S.

China sold a record $53.3 billion worth of US Treasurys and agency bonds last quarter as it accelerates diversification from ...

The U.S. dollar will remain dominant in the international monetary system, with de-dollarization likely to be slow and partial despite rising RMB and euro ambitions. Network effects, deep U.S.

President-elect Donald Trump railed on social media over the weekend against a group of emerging economies for their attempts to circumvent the dollar. While markets mostly took Trump's words in ...

Since 1450, there have been six reserve currencies. Portugal dominated the currency world from 1450 through 1530, when Spain took leadership from 1530 through 1640. From 1640 through 1720, the ...

“De-dollarization” became one of the biggest stories in markets in 2024 and 2025, not because it was true, but because it sounded plausible enough to scare people out of the very assets the world ...