dedolarization

MOSCOW/WASHINGTON, D.C. - May 18, 2020 - Moscow has continued to sell off United States Treasury securities, cutting its stockpile by US$8.73 billion in March alone, according to the…
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By Steve Brown - On the US dollar as reserve currency, that is a tough thing to break especially for China since the yuan is not freely convertible. China has renminbi and yuan; one…
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TEHRAN/BISHKEK - Iranian First Vice-President Eshaq Jahangiri proposed Kyrgyzstan to use national currencies in trade ties between the two countries. Jahangiri made the remarks in a…
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The mainstream media is mainly focusing on the daily events relating to the trade war between the US and China to understand what kind of consequences and impact it will have on the…
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By Steve Brown - "The few who understand the system, will either be so interested in its profits, or so dependent upon its favours, that there will be no opposition from that class;…
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TEHRAN/ANKARA - Iranian and Turkish banks are working on a plan to establish a financial channel between the two countries based on national currencies, in a bid to evade US sanctions…
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September 27 , 2017 - Fort Russ News - KtovKurse - translated by Inessa Sinchougova The Russian banking sector significantly reduced the share of foreign…
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