De-Dollarization Surges in Asia, Challenging Dollar Dominance in Global Trade
Asia’s de-dollarization push is gaining rapid traction as BRICS and ASEAN accelerate local-currency trade, driving currency hedging to record highs…
Asia’s de-dollarization push is gaining rapid traction as BRICS and ASEAN accelerate local-currency trade, driving currency hedging to record highs…
U.S. dollar bill. Catherine Mcqueen | Moment | Getty Images Asia’s shift away from the U.S. dollar is ramping up. …
Central banks are turbocharging their gold reserves in 2025 as global distrust in U.S. fiscal stability and dollar assets explodes.…
China is turbocharging its de-dollarization push, leveraging its SCO presidency to expand national currency use, supercharge financial cooperation, and champion…
Southeast Asian nations are advancing plans to reduce reliance on the U.S. dollar through an ASEAN initiative aimed at strengthening…
Russia is turbocharging its de-dollarization drive through the BRICS Bank, championing non-dollar financing and pushing a multipolar system to disrupt…
Global financial power dynamics are shifting fast as the Shanghai Cooperation Organization drives a unified move to replace dollar dominance…