The US froze Russia’s dollar assets in 2022 and stunned global holders of US bonds as forex reserves. But the world is stuck ...

China’s central bank genuinely believes that the yuan is holding the world’s financial system together. On Sunday, People’s ...

New bank loans in China surged more than expected to a record high in January as the central bank moved to shore up a patchy ...

Countries like Malaysia and Thailand have expressed interest in joining BRICS, seen as a counterweight to the West, in recent ...

The consistent appreciation of the exchange value of the naira has sent a shockwave through the foreign exchange (FX) market, especially among the parallel segment traders who are wary of being ...

The renminbi remained under pressure last week after the US imposed new tariffs on Chinese goods, risking a prolonged trade ...

For nearly eight decades, the United States dollar has served as the backbone of global trade, finance, and economic stability. It has dictated the terms of international transactions, controlled the ...

US and EU Response: The stability in China’s currency could influence the stance of US and European trade policymakers. While ...

These other assets can include: Gold Special drawing rights (SDRs) Reserve positions in the IMF However, foreign currency is the most abundant asset in most foreign reserves, and most nations hold ...

Your guide to what the 2024 US election means for Washington and the world The US Federal Reserve is on a collision course with Donald Trump, economists say, with the central bank set to keep ...

The Japanese yen gave up some of the safe-haven driven gains on Tuesday as investors grappled with the potential implications of a Chinese startup's free open-source artificial intelligence model, ...