Faced with Trump's tariffs and threats, BRICS countries are trying to reduce dollar use in trading with each other.

Over the course of a year, U.S. President Donald Trump’s administration has become the most disruptive force in global trade since the 1930s. But the destruction of the post–Cold War trade order—a ...

Learn how currency adjustment factor (CAF) affects shipping costs between the U.S. and Pacific Rim countries, compensating for currency and exchange rate fluctuations.

Discover how currency unions impact global economies, their historical development, and the critiques they face. Learn about the largest unions like the Eurozone.

With the yuan’s fixing at fresh 2023 highs and US dollar uncertainty rising under Trump, Beijing is urged to expand yuan-settled imports to internationalise its currency.

Local Currency Trade: For decades, the global economy revolved around the US dollar, but the dynamics are now changing. Rising geopolitical tensions, fear of sanctions and currency volatility are ...

Russia has proposed the use of the Kwacha and the Ruble in bilateral trade with Zambia, a move that could signal a potential ...

China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.

Debates over world trade often conflate two distinct issues. The first is how to expand the efficiencies that occur when international trade is broadly balanced and countries are able to benefit from ...

The foreign exchange (forex or FX) market is the world's largest financial marketplace, with millions of dollars changing hands every second. The market's daily trading volume reached $9.6 trillion as ...