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DE DOLLARISATION
India, UAE step up efforts to expand rupee-dirham tradeOver 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both na...
Stocks, gold or debt? Rs 2.7 lakh crore fund manager who predicted bullion boom on where to invest nowManish Banthia, CIO-Fixed Income at ICICI Prudential AMC, who correctly predicted the gold rally in 2023, now sees little value in adding f...
Wealthy families cut dollar exposure, survey findsGlobal wealthy families are cutting back on US dollar investments. Geopolitical tensions and increasing national debt are driving this shif...
The 2013 ghost returns: Will higher gold duties actually restrict imports or just fuel the grey market?India’s shock hike in gold and silver import duty to 15% has revived memories of the 2013 crisis. While the move aims to curb dollar outflo...
Gold to clinch $8,000 in just 5 years? Germany’s Deutsche Bank makes bold predictionGold's role in global reserves is set to grow. Deutsche Bank forecasts gold prices could reach $8,000 per ounce in five years. Central bank...
De-dollarisation, war, and debt: Why gold is regaining monetary relevanceGold is regaining prominence as global markets face geopolitical tensions, rising debt and de-dollarisation trends. Central bank buying, st...
Iran’s yuan push for oil trade signals fresh challenge to dollar dominanceIran is reportedly considering demanding Chinese yuan for oil shipments through the Strait of Hormuz, a move that could challenge the US do...
Hindi making a comeback in Russia, no prizes for guessing Kise Ye Pasand Nahin HogaFor MAGAmbo, Hindi-Russi bhai-bhai 2.0 may well come across as a threat to Americanese, US culture and commerce-a BRICbat thrown to de-Holl...
India says de-dollarisation not on it's agenda as Brazil plans BRICS meetBrazilian President Lula da Silva will host a virtual BRICS summit to discuss responses to Donald Trump's tariffs. This follows Trump's thr...
US debt crisis fuels de-dollarisation talk; may boost emerging markets: Puneet PalThe growing U.S. debt and fiscal deficits are sparking de-dollarisation conversations, potentially benefiting emerging markets like India. ...
Markets in wait-and-watch mode as earnings season kicks off: Sunil SubramaniamMarket expert Sunil Subramaniam notes mixed signals regarding a potential trade deal between the U.S. and India, impacting market expectati...
Trade tensions, not BRICS, are the bigger threat to global stability: Geoff DennisGeoff Dennis, an Independent EM Commentator, dismisses the notion of BRICS posing a currency threat to the US, despite China's desire for a...
Bitcoin vs USD: Why BTC is yet to catch up to the dollar for global dominanceBitcoin’s rise highlights growing interest in decentralised finance, but it remains far from replacing the US Dollar, which maintains globa...
India seeks Rupee’s global reach, but no plan to replace US dollar: EAM S JaishankarExternal Affairs Minister Dr S Jaishankar, speaking in London, clarified that India has no policy to replace the US dollar as the global re...
Not as $trong, but $till $ignificantRecent reports suggest that Saudi Arabia has shifted away from the US dollar in its oil trade agreements, deviating from the petrodollar sy...
Does the gold rally have more steam left?Gold rally defies norms amid US debt rise and stable Debt to GDP. Global geopolitics and de-dollarisation fuel surge. Central banks favor g...
The end of King Dollar? The forces at play in de-dollarisationThe dollar's status as the world's dominant currency is under fresh scrutiny due to rivalry with China, the fallout from Russia's war in Uk...
Essar Steel raises $1 billion to dollarise balance sheetEssar Steel raised $1 billion through long term export securitisation to pre-pay existing rupee debt, as it looks to cut down on interest p...
- S E Asia should 'de-dollarise', but slowly: Analysts
Southeast Asian countries that rely heavily on the dollar might be alarmed at its recent steep decline, but analysts warn against sudden mo...
- India reluctant to join de-dollarisation chorus at BRIC
China & Russia are likely to pitch for the induction of a new global currency to replace the dollar at the BRIC summit. Gainers: BSE ( A, B...