Xi Jinping has called for the renminbi to become a global reserve currency, in some of his clearest comments on his ambitions ...

The latest de-dollarization movement started in 2022 when the U.S. imposed all-encompassing sanctions against Russia ...

Investors are increasingly souring on the United States, as illustrated by the declining dollar, the stalled stock market and rising government borrowing costs.

A currency doesn't become global by decree, but through trust and strength. Global trade and economic power determine a currency's true identity. Let's find out who gives permission for this. When we ...

In l985, faced with soaring U.S. trade deficits, industrial distress, and congressional pressure, Treasury Secretary James A. Baker III negotiated an agreement among the group of five leading ...

The Indian rupee strengthened 1.2% to 90.40 against the US dollar as the India-US trade deal optimism lifted investor ...

Leaders of the world’s most advanced economies — Canada, France, Germany, Italy, Japan, the United Kingdom and the United States, known as the Group of 7 (G-7) — met in France last month, with the ...

Trading in the huge foreign exchange or forex market typically involves operating in either the spot forex market or the currency futures market. Even though the underlying assets in the futures ...

TAIPEI (Reuters) - Taiwan's central bank on Wednesday defended the island's trade and currency record ahead of possible tariffs from U.S. President Donald Trump, saying the high current account ...

A surge in exports is a major factor in 2.91 per cent GDP growth that Vietnam experienced in 2020. Strong trade and economic growth are a result of the country’s successes in controlling COVID-19 and ...

President Trump recently tweeted that currency manipulation was rampant across the rest of the world. He blames the U.S. Federal Reserve for raising interest rates and strengthening the dollar. He ...