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Chinese regulators have instructed major banks to reduce their holdings of U.S. Treasuries, aiming to shield the financial system from dollar risks and market volatility. A Dwindling Stockpile In what…
The latest edition of The Economist points out the dangers surrounding the greenback, including the unpredictability of the current administration’s actions, the prospect of higher inflation, and upcoming rate cuts…
As gold and silver reach historic price levels in early 2026, two specific analyses offer sharply different interpretations of what the U.S. dollar’s recent movement signals about U.S. policy, capital…
Global currency markets see significant shifts as the U.S. dollar experiences substantial decline, with euro gaining 13.5% and other major currencies making strong gains amid economic uncertainties. The U.S. dollar…
Gold is strutting its way into record territory, smashing through $3,700 an ounce Wednesday morning, as Sprott Asset Management strategist Paul Wong says the yellow metal may finally snatch the…
The Reserve Bank of Zimbabwe (RBZ) has denied claims that it intends to force recipients of U.S. dollar-denominated remittances to convert their funds into local currency. The central bank clarified…
The Central Bank of Nigeria (CBN) will reintroduce a foreign exchange auction system as part of efforts to ease pressure on the local currency. The CBN has called on authorized…
An International Monetary Fund representative has cautioned that Zambia’s proposed dedollarization initiative may inadvertently undermine efforts to contain inflation. The representative expressed concern that the prevailing economic conditions in Zambia…
In the first half of 2024, the Nigerian currency depreciated by nearly 40%, making it the worst-performing currency during that period. Meanwhile, the Kenyan shilling appreciated by 20.7%, ranking it…
This week, the Japanese yen plummeted to its lowest point since 1990 against the U.S. dollar, weighed down by Japan’s monetary policy and uncertain economic indicators from the United States.…